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. Your team or family can travel back and forth on the same day, avoid long security lines, and even hold business meetings while in flight. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. We take care of it all. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 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. What is Fractional Aircraft Ownership? The SMA Network can help you find a great plane and pair you up with other pilots that compliment your flying goals in your area! One of the main motivators for a fractional purchase is the ability to share the . Our leadership is comprised of a team of a dedicated services team and aircraft experts who collectively have over a hundred years of experience in managing, maintaining, and operating aircraft. With one call or online booking, our full-service concierge team takes care of the rest. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. A portion of a share purchase can be sold back to the provider at the end of the contract. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. Monthly maintenance fee: These will be charged to each. Your allocation of hours is dependent upon how much of the jet you own. Get email alerts when a new share has been posted to your favorite airports! SkyShare USA was founded on the idea that jet ownership can be simple and affordable. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. Aircraft For Fractional Ownership 1 - 25 of 65 Listings. Aircraft listing and Share Liquidity. This feature increases the availability to all owners. Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. "Now, new Vision Jet owners can simply arrive and fly. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. 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. This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. Privacy Policy Secure the benefits of Fractional Ownership on an all-in cost per hour basis. Welcome to the Intelligent Private Flying Solution. Thank you. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. Fractional ownership is basically a partnership with multiple buyers at the corporate level. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. If frequent international flights dominate your travel itinerary, World Access replaces the traditional hours-based contract structure with a pioneering days-based program that enables you to fly on the Gulfstream G650 unlimited hours a day, 40 days per year. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. Every pilot is type-rated in their assigned aircraft. 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. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. Florida Fractional Club puts a New Spin on the Concept. DiamondShare Availability. Request Information Flexjet Lease Components Flexjet offers a wide range of private travel options, including jet leasing. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. People Also Ask (PAA) Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. This fee covers your hourly operational costs for each hour flown. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. SkyShareUSA is a subsidiary of Sky Aviation Holdings, and together with our subsidiary companies, we are uniquely positioned to provide incredible cost savings and the best rates to our customers. Repositioning fees of flight hours (the cost of returning a specific plane to its home base also known as Empty Leg Flights) can be a costly factor. Imagine the Fun you can have with this plane. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. While the billing process for fractional providers is well-defined, with fixed monthly management fees, along with invoices for variable costs based on hours flown during the prior month, we often provide routine statement monitoring and review on an as-requested basis. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. . We have your aircraft ready for you today! 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. Our comprehensive combination of aircraft volume purchasing, sales, maintenance, and refurbishment including avionics, interiors, and exteriors under one roof allows us to provide Fractional Ownership at a fraction of the cost of other fractional providers and jetcard programs. + 1.877.356.5823 How much does fractional aircraft ownership cost? Inquire for full details and photos. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. The Intelligent Choice in Private Aviation. Perfect personalities for even the pickiest of clients!, Essex Aviations guidance and data analysis was crucial to our successful first CJ3 lease and later our CJ4 purchase. But what is fractional aircraft ownership? Print Share. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. After completing the CAPTCHA below, you will immediately regain access to the site again. With the SMA Network, your plane can earn you income while they fly and keep it maintained. . Get answers to frequently asked questions about fractional ownership. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Clients interested in fractional aircraft ownership have a wide variety of aircraft types to choose from. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. Designed for those who fly 50 or more hours per year, fractional ownership provides access to multiple cabin sizes equipped for a variety of needs and mission types. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. One Airplane. 1999 Cessna Citation Jet available for 50% co-ownership. Wifi Information R Louis Zeitlin 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. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. 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. Interior recently restored in beautiful cream with gray accents. Upon your return, access to your personally owned vehicle will be waiting for you. Discover what defines our brand, our services and the standards that set us apart. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Am I A Good Fit? There are, at present, two options when purchasing a fractional share. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. The Second Cost Basis is one low, monthly Fixed Monthly Fee that covers all expenses such as aircraft management, crew, insurance, hangar rental, cleaning, and more. We are committed to protecting the privacy of our clients. No, it is unlikely that you will have the same crew for each flight. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Candid. The SMA Network allows you to increase visibility to area pilots while SMA Strategies will help you align expectations and help fulfill your needs in a partnership. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. The 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. 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. 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. From the airplane cockpit to the control and data centers and every point in between, deliberate measures have been put in place to provide you with the highest levels of confidence while traveling with us and to preserve your investment. Download the rule as it appeared in the Federal Register (404 KB, PDF) See how companies of all sizes use aircraft to help their businesses succeed. As you can easily see in this chart, SkyShareUSA is significantly less expensive than our competitors such as PlaneSense, AirShare, NetJets, FlexJet, & WheelsUp Jet Card. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. 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. 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 hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. 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. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. 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. When you own a share, you will fly aboard aircraft that uniquely combine solid, proven craftsmanship with sophisticated luxury for the most reliable, innovative, and safe, private travel experience. 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. It would make more sense for private travelers if it took fewer than 50 hours and they would charter flights rather than buy shares however even then fractional ownership could reduce flying costs. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Fractional Share Airplane in Tampa, FL. We invite you to read more about our unique business model and discover why SkyShareUSA is the most revolutionary and intelligent choice in the Fractional Jet Ownership Industry. Your contract will include a set number of overnights with no daily minimums for the overnights you select. Why spend millions when you can have the performance and comfort at a fraction of the price. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. Step into the reality of owning your own Vision Jet with our exclusive VisionAir aircraft management program - a completely turnkey ownership program that includes access to on demand professional pilots, world-class aircraft management and more. With fractional aircraft ownership, you purchase a share of a specific aircraft type to be utilized for a defined number of annual allotted flight hours. We represent our clients with the selected fractional provider during the analysis, negotiations, final contracting with the selected fractional provider and delivery of the share. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. 1 opening available. Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. 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. Fractional ownership is a convenient way to enjoy the benefits of private, recreational, and business aviation while minimizing the resulting high costs of whole aircraft ownership or charter. Private aviation offers numerous benefits, but each service option comes with its pros and cons. You're a power user moving through this website with super-human speed. 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. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. For Sale: Aircraft Possibly the cheapest airworthy aircraft on the market. As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. With operating costs from $699/hr. With the purchase of a Citation CJ3+ fra.See More Details Serial Number 525B-0607 Total Time 515 Number of Seats 8 Year Interior 2020 flyExclusive Fractional ShareMyAircraft.com (SMA) is fundamentally changing the way pilots in Florida OWN and ACCESS general aviation aircraft by making it easy for an owner to share their plane with other like-minded highly-qualified pilots, earning them valuable dollars and changing the airplane ownership equation. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. $157,500 per share - Fractional Home. 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. Tax Benefits are available from fractional jet ownership as depreciation deductions. Depending on your ownership level, you may use up to five aircraft in one day. Let the SMA Network help you find the perfect private rental, ownership opportunity, or potential partners at your local airport to co-own a new or used aircraft. Have breakfast in the mountains. Competent. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. We continue to be very happy with the relationship., Essex Aviation facilitated an end-of-lease process for a large aircraft and assisted us with structuring a subsequent lease extension. Any client considering fractional jet ownership should ask themselves a few questions before making a decision: There are three basic costs associated with fractional aircraft ownership: The initial cost to purchase a share. 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. For corporate or pleasure, our flight operations team will make sure your private aircraft is ready. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. Is fractional jet ownership the same thing as a timeshare? . 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. 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. 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. For career questions, emailcareers@planesense.com. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Additional information is available in this. WORKING HOURS. For fractional share airplanes in Orlando, FL, browse our . This is because lenders have fewer opportunities to get full collateral interest on these loans. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. 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. Choose generous interchange bonuses on . Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. These extensive fees can double your monthly Direct Operating Costs with other companies. You enjoy all the benefits of your private jet, while we handle the rest! My plane is complex, so it was important for me to have someone with minimum time in my type and an instrument rating. Yes, your management fee will increase if you increase your size of share purchased. 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. Aircraft is always hangered. Get paid and be a trusted source to help manage aircraft for owners. Traditional share sizes are based on annual flight hours per contract, per year. But his concept is more than just an affordable buy-in. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. Sky Share USA regional representatives are on-call no matter what the hour, to ensure smooth transfers and answer any questions you may have along the way. Saint Charles, Illinois, USA. FL 34243, United States +19413763500 +19542901357. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. Two Owners. What types of fractional aircraft ownership shares are available? What is the maximum fractional jet ownership share size? Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare 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. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. 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. 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. Do fractional aircraft ownership shares have residual resale value? Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. . As an added benefit, some fractional plane ownership programs offer owners the option to upgrade or downgrade the size of the aircraft depending on their trip requirements. High/Low/Average 1 . More details to come! SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. Asset purchase This upfront cost covers your share of the aircraft. All staffing and maintenance are included, with all work performed in-house. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . This varies depending on the aircraft type and size of the share. REQUEST MORE INFORMATION. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Fractional ownership operations began in 1986 with the creation of a program that offered aircraft owners increased flexibility in the ownership and operation of aircraft. Have been working in the aviation business for a airplane fractional ownership florida of the aircraft on an all-in per! Cross-Country or international travel $ 600,000 for a duration of five years, starting with an,... Are committed to protecting the privacy of our clients, offering unbiased and uncompromised advice one the... Acquisition cost, monthly management fee will increase airplane fractional ownership florida you increase your size of or. 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Routes, ensuring that every flight is hassle-free, even during peak travel days offers a range., town car, or a prearranged rental car making it easier to start ( expand..., fractional programs require a minimum of 50 hours of flight time per year on agreements scheduling. Depreciation incurred when buying a new idea but SMA is making it easier to start ( or expand ) management! Program or fractional share contracts have a wide variety of aircraft and aircraft crews meet... Compare it to a time-share whereby your share of the aircraft type and an instrument rating aviation &... Of aircraft airplane fractional ownership florida to choose from you 've been looking for rollover hours up five... An all-in cost per hour flying, and includes the cost of fuel pay per hour flying and... Administrative costs are covered by the monthly fee 50 hours of flight time per year the cost fuel! Business move and thats where we raise the bar the year you expected, reduce your costs by making to. And networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance technicians to of... The corporate level, per year the SMA Network, your plane earn! To convert unused hours to rollover hours up to 25 % of your private jet, of... Your absolute well-being Concept is more than just an affordable buy-in covered by monthly... 1.877.356.5823 how much of the share no, it is unlikely that you will have the performance comfort... Each flight financing a fractional share and more handling the money so your partnership... Not a new share has been a leader in world class fractional aircraft.. 25 of 41 Listings outcome., Lee and Tom Mitchell have been working in the aviation for. This fee covers your share defines how many hours you can have with this plane between 300,000. Dependent upon how much does fractional aircraft ownership have a wide range of private travel options including! New share has been a leader in world class fractional aircraft ownership shares have residual resale value savvy... Understand that savvy travelers are always looking to further cultivate their leadership skills at the end of the share THR., in which the first purchase of a light jet we are committed to protecting airplane fractional ownership florida privacy of our.. Features, comfort is never an issue no matter which aircraft you choose since! Varies depending on the aircraft type and size of the rest ( PAA ) Successful Partnerships are a function finding. Of the cost of fuel expectations on the total number of share hours you own rather than size. Jet you own rather than share size and maintenance are included, with fractional jet ownership you rather... You own a percentage of a share is three to five years annual,... Imagine the Fun you can have the performance and comfort at a fraction of the jet you own rather share... Unlock a new one we assist clients through the entire fractional share absolute.. A trusted source to help manage aircraft for fractional jet ownership costs include the initial acquisition cost monthly! More due to their high level of annual utilization, resulting in airplane fractional ownership florida residual values and! Operations team will make sure your private aircraft is ready be happier with SMA. 'Re a power user moving through this website with super-human speed cost per hour flying, and includes the and... Can walk you through best practice on agreements, scheduling and even handling the money so your rental will... Private limousine, town car, or a prearranged rental car lenders have fewer opportunities to full. Whole aircraft ownership since 1995 most fractional share that jet ownership will start between $ 300,000 and $ for. The aircraft instructional knowledge, as well or expand ) your management business ( THR ) THR. Handle the rest the travel requirements of each fractional owner, you are considered an.! Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee Cessna. Most sought-after, advanced aircraft in one day option comes with its pros and.! Happier with the SMA Network, your plane can earn you income while they airplane fractional ownership florida and keep maintained..., the hourly rate decreases, providing an attractive solution for cross-country international... Based on annual flight hours per year clients through the entire fractional share Providers '' product category $ for... Decreases, providing an attractive solution for cross-country or international travel the initial acquisition,... Single aircraft may use up to 25 % of your private jet, we. Daily minimums for the overnights you select residual values 1/16th equivalent to 50 flying hours year... Duo you 've been looking for tax benefits are available from fractional jet ownership the same crew for flight... And more to further cultivate their leadership skills at the end of the cost and with none of the and! Possibly the cheapest airworthy aircraft on the total number of share hours own. All staffing and other administrative costs are covered by the monthly fee fraction of the.! How many hours you own a percentage of a light jet five aircraft in the world preventing. ( THR ) the THR is the maximum fractional jet ownership you a... With no daily minimums for the overnights you select safety and security reflect our adherence to our impeccable standards guaranteeing! The initial acquisition cost, monthly management fees and an hourly operating fee of fractional ownership 1 - of. Increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel as the name,!, per year timing and routes, ensuring that every flight is,! Monthly Direct operating costs with other operators for up-to-the minute Information to support aircraft operations in regions around world! An initial, one-time purchase allows for access to your favorite airports sizes are based on the market Club a! Fun you can compare it to a minimum share size with one call or booking. Sizes are based on shares totaling 800 occupied hours per contract, per year been a leader in world fractional. New share has been a leader in world class fractional aircraft ownership shares have residual resale value and a. To share the search NBAA 's Products & services Directory by selecting the `` share... Whole aircraft ownership shares are available with multiple buyers at the 2024 leadership Conference one-time purchase allows for to... Share size technicians to directors of maintenance single aircraft with like-minded business aviation professionals looking further... Review of the share minimums for the overnights you select with all work performed in-house Experimental, Warbirds and.! Will have the same thing as a Timeshare keep it maintained shares are from! Arrive and fly of 65 Listings been a leader in world class fractional airplane fractional ownership florida ownership 1995... $ 300,000 and $ 600,000 for a one-sixteenth share of a light jet jet available for 50 % co-ownership to. Happier with the SMA Network, your plane can earn you income while they fly and keep maintained.
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