A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. On Dec. 14, 2004 the FAA issued a notice that corrects the date by which all fractional operations must be in compliance with FAR Part 91, Subpart K. NBAA was expecting the correction that changes an incorrect Dec. 17, 2004, compliance date to Feb. 17, 2005. 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. As you were browsing something about your browser made us think you were a bot. This feature increases the availability to all owners. Yes, your management fee will increase if you increase your size of share purchased. Every pilot is type-rated in their assigned aircraft. EBACE2026 will bring together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. For career opportunities and questions, please go to our careers section. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Contact SkyShare USA or your accountant to discuss tax deductions from our program. You've disabled JavaScript in your web browser. This varies depending on the aircraft type and size of the share. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. No. Particularly, parties will divide an expensive asset into shares, thus allowing each owner to receive an interest in the asset for a fraction of the price. Up to date maintenance and is always kept in a hangar when not in use. We can then help with all the sharing docs, financing, insurance, and training. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. Essex Aviation recommends that all prospective clients consult an aviation tax advisor and tax attorney prior to purchase. While you own - or lease - a specific aircraft tail number, you have access to your provider's entire fleet. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. With SkyShareUSAs fractional jet programs you get a larger aircraft fractional share (20% vs 12.5%) with a comparable or less fixed monthly expense and reduced direct operating cost which makes us the best deal on the market for fractional jet ownership! See how companies of all sizes use aircraft to help their businesses succeed. FL 34243, United States +19413763500 +19542901357. Additional information is available in this. Will my direct operating cost per hour increase as my hours purchased increases? Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. Number of Seats: 2. FL 33547 United States Telephone: . Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. term of 60 months Min. Print Share. 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. 212.0597. This is based on an hourly rate and your flight hours are billed monthly. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Jet Card. 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. 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. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. The maximum fractional jet ownership share size is 800 hours of flight time per year, which is roughly equivalent to ownership of the entire aircraft. Registration #: N245WB. 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. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Choose generous interchange bonuses on . What is the minimum fractional jet ownership share size? There are several key considerations that factor into fractional jet ownership. 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. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. As you were browsing something about your browser made us think you were a bot. SkyShareUSAs program is simple, efficient, and transparent. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. 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. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. I really liked the fact that I could ask for exactly who I wanted. Our team of aviation experts handles every aspect of your travel experience. 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. For career questions, emailcareers@planesense.com. Equity Residences: Beach Home - Marathon Key, Florida. 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. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. Not necessarily. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft by an aircraft management company. You've disabled JavaScript in your web browser. What is the maximum fractional jet ownership share size? 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. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . Enter a world of exceptional experiences designed to emulate whole aircraft ownership. In fact, you may never fly in your own aircraft. 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. With SkyShareUSA, these fees can be completely ELIMINATED. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. Request Information. Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. 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. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. 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 fractional aircraft operators in North America flew over 833,000 hours in 2022. Our experienced, personalized concierge service ensures everything from your flight times, hotel accommodations, transportation, as well as every other aspect of your trip is planned, coordinated, and confirmed by your dedicated team. Total Time: 320.0. It was easy to request this. 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. Your allocation of hours is dependent upon how much of the jet you own. 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. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. "Now, new Vision Jet owners can simply arrive and fly. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. Aircraft Sales Advertising and marketing to assist with aircraft share liquidity to transfer ownership to new owners for a 1% filing and transaction fee in addition a monthly membership plan. April 30 - May 2, 2024. . Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. PIPER CHEROKEE $33,000 FRACTIONAL OWNERSHIP OFFERED 1969 PA28-140. Amid a backdrop of personal and business flight options in the form of aircraft timeshare, jet cards, jet membership programs, and aircraft charter or the high cost of whole aircraft ownership, the, Contact us for your customized private flying solution. 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 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). If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. . flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. . Is Fractional Ownership the Right Choice for You? After an exhaustive search of available aircraft, they represented me on the acquisition, negotiation and importation of a long range aircraft and then oversaw a comprehensive customization of the entire plane. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. Call Listing Broker Scott MacDonald Toll Free8882804900 . Will my management fee increase as my hours purchased increases? Get answers to frequently asked questions about fractional ownership. Private jet fractional ownership provides access to multiple cabin sizes, while our team of private aviation experts handles every aspect of your travel experience using a personalized approach. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. A portion of a share purchase can be sold back to the provider at the end of the contract. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. The AAP model is said to represent hassle-free, turnkey . 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. Consequently, our Direct Operating Charges are the lowest you will find. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. You will pay the following fees: Initial purchase. 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 was so easy to use - I loved making and posting a flyer. 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. You enjoy all the benefits of your private jet, while we handle the rest! If you want to see how fractional aircraft options fit into the . High/Low/Average 1 . Whatever your private aviation needs may be, we have the solution. 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. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. 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 Why spend millions when you can have the performance and comfort at a fraction of the price. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Will my fractional jet ownership share be subject to state sales tax and state use tax? 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. Co-Ownership Support, Legal Docs, help with insurance, financing etc. Thank you. All Sky Share USA jets are flown in accordance with FAA standards and meet or exceed 100% of these mandatory, closely monitored, and strictly enforced aircraft regulations. Aircraft is always hangered. Fractional ownership is basically a partnership with multiple buyers at the corporate level. 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. This article gives an overview of the agreements and documents you will sign as a fractional owner. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. info@floridaflightcenter.com. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. The majority of the cost of fractional ownership can be broken down into five parts: With fractional jet ownership, you get the benefits of owning an aircraft without the headache that comes with managing it. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. The best part is at the end of your five years of aircraft fractional ownership, SkyShareUSA will resell your jet and distribute the proceeds to all owners. Your contract will include a set number of overnights with no daily minimums for the overnights you select. 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