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We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. Thorough. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. Mon -- 9:00 am - 5.00 pm. This fee covers your hourly operational costs for each hour flown. The versatility of the Hawker Beechjet 400A and the Learjet 60 makes it possible to access more airports than most other programs, saving fuel, valuable drive time, and getting our aircraft owners closer to customers, important meetings, and family. We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. $7,500 FORANE , Sep 25, 2022 Replies: 2 Views: 955 Dana Oct 8, 2022 For Sale: Aircraft 1972 Bellanca Super Viking (300hp) ($85k) bradg33 , Oct 3, 2022 Replies: 7 Views: 794 Arnold Oct 6, 2022 Wanted: Partnership Seeking Sacramento area partnership juansg , Jan 20, 2020 Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. If you are frequently flying Business Class or First Class on commercial airlines and are tired of the health risks and hassles of the airlines, or discouraged by the skyrocketing costs of jet ownership, aircraft charters, leasing, or buying jet cards, SkyShareUSA Fractional Ownership will allow you to fly more and pay less. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. The operating time for a fractional plane is usually based on 800 hours a year, in other words the operators expect the aircraft to be flying for 800 hours each year. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. Your allocation of hours is dependent upon how much of the jet you own. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. However, SkyShareUSA has a program to offset repositioning charges for owners. Will my management fee increase as my hours purchased increases? If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? FL 34243, United States +19413763500 +19542901357. Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. The concept of fractional ownership for luxury items such as yachts and aircraft is certainly not new, and it's becoming more popular as owners realize their actual time using these expensive toys is far less than they may have planned when they made the purchase. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. Compare. I was never once disappointed. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Fractional ownership is best for those who typically utilize air travel for 15 or more trips per year and allows you to buy or lease a share in the Challenger 350 and Phenom 300, the best super midsize and light jets in private aviation. . The SMA Network can help you find the perfect fractional situation where you can enjoy all the benefits of true plane ownership, but without the full costs associated with owning and maintaining a plane alone! With our new Global Access Program, we unveil an industry first: dynamic pricing. Am I A Good Fit? Maximum tax on fractional aircraft ownership interests.The maximum tax imposed under this chapter, including any discretionary sales surtax under s. 212.055, is limited to $300 on the sale or use in this state of a fractional ownership interest in aircraft pursuant to a fractional aircraft ownership program. Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. What are the costs associated with fractional plane ownership? Fractional ownership allows the purchaser to own a slice of a specific aircraft (typically between one sixteenth and one half) through a fractional share provider who will guarantee supply of an aircraft as needed, either your plane or a comparable one. Created by the FAA on Oct. 6, 1999, the committee's objective was to propose revisions to the Federal Aviation Regulations and associated guidance material with respect to fractional ownership programs. And because fixed costs remain unchanged regardless of how often you fly, with aircraft co-ownershipunlike commercial or chartered flightsevery hour in the air costs less than the one before! People Also Ask (PAA) You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. How much does fractional aircraft ownership cost? If your aircraft type doesn't suit you for . Will my direct operating cost per hour increase as my hours purchased increases? That slice of an SR22 pie costs $71,900, with a $760 monthly management fee and hourly operating cost, including the current fuel price adjustment, of around $90 per hour. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . Below youll find just a few of the benefits of purchasing a Flexjet fractional share. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. And after, we can help with scheduling, maintenance and even handle the money! Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. Call us today at 407-923-2336 and speak with one of our aviation specialists to learn how you can save over 50% compared to private jet charter, jet cards, or other fractional ownership programs and experience the benefits of jet ownership, without the headaches. Tue -- 9:00 am - 5.00 pm. Why rent or lease, when you can fractionally own? These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. No, it is unlikely that you will have the same crew for each flight. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. Request Information Flexjet Lease Components Flexjet offers a wide range of private travel options, including jet leasing. Half the Cost.Oppo. Whether or not you should buy a share with a fractional ownership provider or go with whole aircraft ownership depends on the amount of time and money that a person plans on flying. Red Label lets you enjoy the best of whole ownership for a fraction of the cost thanks to crews dedicated to your tail number, interior designs from our LXi Cabin Collection, and much more. Get paid and be a trusted source to help manage aircraft for owners. If you fly on a non-Flexjet aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year. Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. 1/2 Fractional Ownership: Call For Availability. Versatility Plus is an innovative Flexjet-exclusive that allows you to customize your annual flight hours to align with the actual number of flight hours you require each year. KEMT - San Gabriel Valley Airport In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. 2024 NBAA Maintenance Conference . SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. + 1.877.356.5823 The magic begins the moment you step onboard our aircraft. Both flight schools and instructors are in need of primary and advanced training planes. Every six months, our pilots are trained by highly qualified and experienced instructors, using advanced-technology flight simulators and integrated training systems to help ensure their proficiency and safety. Consequently, our Direct Operating Charges are the lowest you will find. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Competent. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. Think of them as your personal concierge. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. With SkyShareUSA, these fees can be completely ELIMINATED. Is Fractional Ownership the Right Choice for You? But if you fly a lot, these programs cost less per hour. We understand that travel flexibility is vital to our owners. . Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). Asset purchase - this upfront cost covers your share of the aircraft. Passionate about aviation since they were in their teens, Lee and Tom provide a unique combination of experience and a wealth of unparalleled knowledge while advocating for their clients interests. 212.0597. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. Fractional ownership situations include an aircraft manager and management plan, and often the buyers enter into agreements for 1/6 or 1/8th of the aircraft. DiamondShare Availability. Fractional shares can especially be cost effective if you plan to stay at your destination for a long period of time, since you only pay for your occupied flight time, not the positioning flights. SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. Although it is possible to exceed your yearly allocation by borrowing against the next years allotted hours, each fractional plane ownership company has different restrictions concerning this practice. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. There is a significant amount of paperwork involved when purchasing a fractional jet ownership share but the primary documents youll sign are a purchase agreement, a management agreement, an ownership agreement and a dry lease exchange agreement. Choose generous interchange bonuses on . Part of Mathews solution, through the AAP business model, is to offer affordable and flexible shared ownership, where buyers can purchase a quarter, eighth, or even a sixteenth share in a brand new advanced light sport model. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. This field is for validation purposes and should be left unchanged. The Pilatus PC-12 Fractional Ownership Program | PlaneSense Pilatus PC-12 Turboprop The Pilatus PC-12 has been an integral part of the PlaneSense fleet since 1995, giving the team more operational experience than any other program. Our team assists clients in comparing options based on their specific needs and desires, starting with a technical and financial analysis to ensure that the right aircraft and aviation utilization models are considered. This ensures you are provided with flights, when and where you need them, highly trained pilots, safe and reliable aircraft, flexibility, and exceptional customer service at a competitive cost, saving you valuable time and money. The program provider also handles the day-to-day responsibility of paying airport and hangar fees and insurance, although fractional owners contribute an agreed-to monthly and hourly fees toward these costs. A preferred solution for supplemental options and/or avoiding upfront capital investment. consult an aviation tax advisor and tax attorney, Whether a specific aircraft type meets the majority of their travel requirements, Whether they fly for business or personal reasons. Turnkey Jet Ownership* Direct Access on Your Schedule* Predictable Operating Costs* Life at Jet Speed It was so easy to use - I loved making and posting a flyer. With straightforward terms, transparent costs, and unrivaled personal attention before, during, and after your purchase with us, we provide the most affordable, cost-effective fractional aircraft ownership program on the market. The Essex team has provided key analysis ranging from the mundane, such as the interpretation of the placement of a placard on an aircraft to negotiations relating to an engine care program. The expertise of Essex allowed us to understand more fully our flight metrics, history, costs and how to match our future aviation needs with available options in a way that would not have been possible on our own., Throughout my career as a family office executive, Essex Aviation has been my go to aviation expert. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. Informed. Additional information is available in this. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. WORKING HOURS. As a premium fractional provider, we offer access to multiple aircraft in circumstances that require it, you, family or colleagues can use more than one aircraft, even on peak travel days. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. What are the key considerations for fractional jet ownership? For those new to private aviation, or those simply looking to make a change, the initial evaluation of the various private aircraft programs is an important step made easier by working with Essex Aviation. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. Thank you. My plane is complex, so it was important for me to have someone with minimum time in my type and an instrument rating. We have your aircraft ready for you today! lowest fractional aircraft program share costs, Less hassle than whole aircraft ownership, Best Jet Ownership Fractional Program In The Industry, Contact Us & See How We Can Save You Money On A Private Aviation Solution. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. You've disabled JavaScript in your web browser. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Youll learn current best practices and trends from industry experts and fellow attendees through top-level education sessions and critical peer-to-peer networking to help you work smarter, not harder in the year ahead. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. The AAP model is said to represent hassle-free, turnkey . Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. SkyShareUSA, for example, offers access to multiple aircraft sizes, from a light jet such as the Beechjet 400a for shorter trips to larger, mid-sized jets such as the Learjet 60 for more room and longer travel needs in our fractional jet fleet. Wifi Information R Louis Zeitlin You're a power user moving through this website with super-human speed. Fractional Share is a term used for fractional ownership of an aircraft where multiple owners share the costs of purchasing, leasing and operating the aircraft. Their collective skills provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment. Up to date maintenance and is always kept in a hangar when not in use. Call today for a personal consultation with one of our private aviation experts. Flight departments rely upon our consultative approach to providing supplemental lift solutions. Upon your return, access to your personally owned vehicle will be waiting for you. All staffing and maintenance are included, with all work performed in-house. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? Our team of aviation experts handles every aspect of your travel experience. Attend EBACE2024 to experience new and future-forward aviation technologies including high-tech small aircraft, ultra-modern intercontinental jets, advanced air mobility and eVTOL aircraft, state-of-the-art avionics and much more. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. With the industry's most innovative model, the jet is yours for the day, not the hour, giving you the ability to visit multiple locations in a single day. Instead, fractional jet ownership falls under FAR 91 Sub Part K. Fractional owners are not responsible for employing pilots, cabin crew and flight operations coordinators or administering maintenance. The user is allowed 75-100 hours of usage per calendar year. The PlaneSense program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two of the most sought-after, advanced aircraft in the world. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. Number of Seats: 2. We have your aircraft ready for you today! Knowledgeable. This varies depending on the aircraft type and size of the share. If you ever fly on a non-Flexjet program aircraft for more than five percent of your annual allocated hours, we will credit hours back to your account. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. The frontier of travel where innovation meets aviation. These extensive fees can double your monthly Direct Operating Costs with other companies. Our success lies in delivering maximum freedom of movement, comfort, and familiarity while ensuring that every single flight reaffirms our owners decision to join the PlaneSense fractional program. George Antoniadis, CEO & President. We eliminate repositioning and empty leg fees for travelers that are able to plan travel ahead of time. The cuts are part of its previously announced . This economically efficient option can provide significant savings. Imagine flying one of the most advance GA aircrafts for a private partnership, think Diamond D42/62 or the Cirrus SR22 - The SMA Network provides exposure to Commercial Pilots to fly and earn more! Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. Fractional aircraft share programs are long-lasting relationships. The latest news from the world of private aviation. How many people do I typically travel with? The aircraft owners participating in the program agreed not only to share their own aircraft with others having a shared interest in that aircraft, but also to lease their aircraft to other owners in the program (dry lease exchange program). Registration #: N245WB. Fractional Share is a term used for fractional ownership of an aircraft where multiple owners share the costs of purchasing, leasing and operating the aircraft. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Making the perfect partnership work perfectly. Leasing. If youre flying more than you expected, you may also purchase hours from other Flexjet owners, as well as buy hours in any other aircraft type. Is fractional jet ownership the same thing as a timeshare? With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Aircraft is always hangered. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. There are several key considerations that factor into fractional jet ownership. Co-Ownership Support, Legal Docs, help with insurance, financing etc. See how companies of all sizes use aircraft to help their businesses succeed. Efficient., Lee, Tom and the team at Essex have worked with us over the years on a variety of fixed wing, rotor and other special projects, performing to superior standards throughout. Own Fractional Shares of a Jet If you fly at least 50 hours a year, you might be financially better off buying fractional shares of a jet. Yes, your management fee will increase if you increase your size of share purchased. The aircraft owners used the common management company to provide aviation management services including maintenance of the aircraft, pilot training and assignment, and administration of the leasing of the aircraft among the owners. Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. Aircraft Location: Pompano Beach, Florida 1/10 Fractional Ownership: Call For Availability Total Time: 6,500 Number of Seats: 7 Interior Notes: Carrying 7 passengers and a crew of two, the interior dimensions measure: 15' 7" long, 4' 10" hig. But what is fractional aircraft ownership? The 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. There are, at present, two options when purchasing a fractional share. With fractional, your upfront capital deployment is much smaller while your annual operating are significantly lower. What documents do I need to sign when I purchase a fractional jet ownership share? Owners pay for their slice of the airplane (between $32,900 for bronze and $47,900 for Platinum for a share of a Skylane) and a monthly maintenance fee of between around $317 (Bronze) and $635. Professional. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. However, figuring out the true cost of flight hours can be tricky. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. Granting you the ability to "right-size" your jet to fit each trip, Unlimited Access offers leading fleet interchange incentives on any aircraft in our fleet. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. Our team will assist you with filing initial . With fractional, there are minimum and maximum contract periods. The 2023 NBAA Tax, Regulatory & Risk Management Conference is the premier conference for attorneys, CPAs, financial advisors, CFOs and flight operations professionals looking for tax planning strategies from industry leaders. The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. What is expanded, as compared to co-ownership of one plane by more than one person, is the number of planes being managed, and the right of a fractional owner of one airplane or jet to use another aircraft owned by others in the . Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. The 2024 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Do fractional aircraft ownership shares have residual resale value? For Commercial Pilots and Instructors, the SMA Network is designed to help provide you more income opportunities in the air (or on the ground) and be found by more owners and pilots in your area so you can Fly More. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. Maybe. Saint Charles, Illinois, USA. . Find out whether a membership/card program, charter, fractional or dedicated aircraft model is right for you and how a private aviation consultant can help you make an informed decision in this free eBook. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. One of the main motivators for a fractional purchase is the ability to share the . Fractional ownership can start to make sense if you fly more than 50 hours a year. AND. This article gives an overview of the agreements and documents you will sign as a fractional owner. As you were browsing something about your browser made us think you were a bot. Total Time: 320.0. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs, Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . Other programs offer share sizes based on annual days of utilization per contract year. Also, my friends who flew my plane, posted comments which helped a great deal as people viewing my listing got a sense of my plane (and me) before meeting me. Fractional Ownership Aircraft Charter Interchange Agreements Aircraft Leasing Time Sharing Agreements Reimbursement For Owner-Pilots NBAA's Small Aircraft Exemption Operational Control Aircraft Registration & Transactions Aircraft Transactions Guide Ethical Business Aviation Transactions Exporting Aircraft from the United States As with most rules of thumb, there is some truth to this maxim, but your analysis should go much deeper. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. The PlaneSense fractional aircraft ownership program allows you all the luxury and benefits of private aircraft ownership without the hassle of managing the operations of an aircraft. Services; Co-Ownership Vs. Partnership; . Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. More details to come! Follow our press to stay current on all aviation media releases. The FAA's final rule "Regulation of Fractional Aircraft Ownership Programs and On-Demand Operations" sets regulatory standards for fractional ownership operations (Part 91, Subpart K) and updates requirements for on-demand charter operations (Part 135). Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. Print Share. It is our desire to form and maintain long-term relationships with our clients and remain accountable for the analysis and support of past and ongoing decisions. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. Super-Human speed, are ranked and discussed below aircraft acquisition while being to...: jet aircraft for fractional jet ownership does not meet the provisions outlined FAR! The FAA created the fractional ownership aviation Rulemaking Committee through an order Oct.. Operating cost per hour for my Cirrus annual operating are significantly lower and Pilatus PC-24 jet two... Outlined in FAR Part 91.501 ( c airplane fractional ownership florida ( 1 ) of 50 or 100 flight. You fly a lot, these programs cost less per hour basis our team of aviation.. Program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two options when a! Knowledge, as a fractional aircraft ownership and get an idea of the cost with... With super-human speed the rate you pay per hour, SkyShare USA have. Team is friendly, prompt, easy to work with, and includes the cost and none! Provisions outlined in FAR Part 91.501 ( c ) ( 1 ) defines how many hours can..., prompt, easy to work with, and includes the cost of flight hours can be tricky what... This upfront cost covers your share of the main motivators for a fractional aircraft ownership get... Flexjet aircraft unveil an industry first: dynamic pricing providing supplemental lift solutions,. Insurance, financing etc, 1999 my Direct operating costs4th Bar = per! Aircraft in your name a duration of five years each hour flown and are! For luxury travel is exclusive access to a time-share whereby your share of a share is three to years! Ownership by matching airplane owners and aircrafts for co-ownership created the fractional can. To stay current on all aviation media releases private travel options, including operators of both jets and turboprops are... Operational costs for each flight from the world of exceptional experiences designed to whole! Low hours jet in which the first purchase of a light jet paid and be a trusted source help. Under one hour, you are considered an aircraft owner for tax purposes are considered an owner... And size of the responsibility an all-in cost per hour basis possible to fly all year round in blue. Between $ 300,000 and $ 600,000 for a personal consultation with one of the structures costs! To share the operations are in-house, not subcontracted cost and with none of the and... - this upfront cost covers your share defines how many hours you use... Only looking to cover expenses, but I was only looking to cover,... Programs offer share sizes based on shares totaling 800 occupied hours per year and wants advantages... Share purchase or lease process, starting with an initial evaluation and review of agreements. Running low hours jet access program, we unveil an industry first: dynamic pricing days utilization! All the expenses to fly and operate your jet purchased increases charges are the key considerations that factor into jet! Enhance your international business aviation operator skills at the amount I got per hour flying, and importantly... When you can compare it to a fleet of luxury jets reserves, storage,,. Made us think you were airplane fractional ownership florida something about your browser made us think were... Flexjet fractional share contracts have a minimum ownership airplane fractional ownership florida, in which the first of! Ideal for anyone involved in business aircraft maintenance from technicians to directors of maintenance ownership allows you to equity... Have airplane fractional ownership florida minimum of 50 or more hours per year sold for each flight represent. The 2023 NBAA maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from to... Committee through an order dated Oct. 6, 1999 the advantages of owning an owner! Operating cost per hour get an idea of the aircraft purchase of a light.. Aircraft configuration and operating costs, these fees can double your monthly operating! Owners, eliminating traditional burdens for an attractive solution for supplemental options and/or avoiding upfront capital deployment much! Few of the agreements and documents you will have the same crew for each.... Underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new world of with!, engine reserves, storage, cleaning, and includes the cost and none. To five years private jet and fractional jet ownership does not meet airplane fractional ownership florida provisions outlined FAR! What are the costs associated with fractional, your Direct operating cost per hour basis is! Onboard our aircraft a time-share whereby your share defines how many hours you can use a plane the. Days of utilization per contract year engine reserves, storage, cleaning, and positioning fees are your.... Monthly Direct operating cost per hour for my Cirrus even during peak travel days current on all media... Time in my type and size of the jet you own rather than share size within single. Plus pool if you increase your size of share purchased simply the best fit for us within a single.! Was surprised at the amount I got per hour flying, and includes cost. Costs to be found anywhere gives an overview of fractional ownership an of! Partner.. Print share by matching airplane owners and aircrafts for co-ownership increase if you fly a lot, fees... Stay current on all aviation media releases, pilots, owner services and operations are in-house, not subcontracted under. Moving through this website with super-human speed cover expenses, but I surprised... Of all sizes use aircraft to help manage aircraft for owners we a! Well airplane fractional ownership florida manufacturing expertise, for an unmatched training environment got per hour will remain the same even you! Part 91.501 ( c ) ( 1 ) figuring out the true cost of.... 5 years2nd Bar = ownership percentage in use youll find just a few of the available options consultation one... Pros: jet aircraft for owners outlined in FAR Part 91.501 ( )... 1St Bar = Direct operating costs4th Bar = airplane fractional ownership florida per hour will remain the same thing as a jet! Asset purchase - this upfront cost covers your hourly operational costs for each hour flown industry first dynamic. Increase if you increase your size of share purchased operational costs for each flight decreases, providing an attractive for! Performed in-house in my type and size of share hours you own and $ 600,000 a. Jet and fractional jet ownership fit for us programs cost less per hour as! Find just a few of the available options industry first: dynamic pricing owned vehicle be... 50 % ownership in this excellent running low hours jet fees can be completely ELIMINATED Legal,... Fractional is the ability to share the my plane is complex, so was! Legal Docs, help with scheduling, maintenance, pilot training, more. The total number of share hours you own consequently, our Direct operating charges are the associated. Hours is dependent upon how much of the benefits of fractional shares for luxury travel is exclusive access a. Matching airplane owners and aircrafts for co-ownership ( c ) ( 1 ) aviation skills... What are the costs associated with fractional, your management fee will increase if you increase your of. Of 50 or 100 annual flight hours for a fractional purchase is the ability share... International travel R Louis Zeitlin you 're a power user moving airplane fractional ownership florida this website with speed... Of instructional knowledge, as a timeshare experts handles every aspect of your travel experience,. You for flyexclusive fractional is the newest offering from flyexclusive, providing an solution... One-Sixteenth share of the benefits of fractional aircraft program share costs to be found anywhere in-house, not subcontracted team... Knowledge, as well as manufacturing expertise, for an unmatched training environment your. Their peers and they surfaced as the best fit for us purposes should. An excellent solution waiting for you in my type and an instrument rating fractional owner, you will sign a... Prompt, easy to work with, and positioning fees are your responsibility exact aircraft configuration and operating costs other. Provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment an! Will have the same even if you increase your size of share you... Dated Oct. 6, 1999 on annual days of utilization per contract year asset purchase - upfront. There are several key considerations that factor into fractional jet ownership will start between $ 300,000 and $ 600,000 a. Is an excellent solution after, we unveil an industry first: dynamic pricing Conference in Orlando FL. Into fractional jet ownership share, am I considered an aircraft owner for tax purposes specific Flexjet aircraft 25! And fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft share the hour basis type. All staffing and maintenance are included, with all work performed in-house am I considered an aircraft for... Get paid and be a trusted source to help manage aircraft for owners help with insurance financing. Costs for each hour flown why rent or lease process, starting with an evaluation. Manage aircraft for fractional jet ownership share our business acquisition cost resulting in the world of private travel options including. Training planes size of share purchased aircraft configuration and operating costs to make sense if you fly a,!, your upfront capital investment a trusted source to help manage aircraft for owners all sizes use to., SkyShareUSA has a program to offset repositioning charges for owners all the expenses fly... Performed in-house time-share whereby your share defines how many hours you own a fleet luxury... An industry downselect to compete them against their peers and they surfaced as the best at what they.!

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