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. $157,500 per share - Fractional Home. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. No. FL 33547 United States Telephone: . The 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) will return to Las Vegas, NV from October 17-19. From Covid-19 protocols to meticulous service, you can have peace of mind knowing we adhere to the strictest standards in our fleet to ensure your safety when you join one of our fractional aircraft programs. 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. 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. As you were browsing something about your browser made us think you were a bot. 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. All the airplane, half the cost. The transactions had several challenging issues that required expert counseling and negotiation. Aircraft partnerships (AKA Fractional Aircraft Ownerships). SkyShareUSAs program is simple, efficient, and transparent. Florida Fractional Club puts a New Spin on the Concept. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. There is no other jet card or fractional jet share solution that can match it. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . 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. What are the key considerations for fractional jet ownership? Equity Fund, Shared Ownership. We have your aircraft ready for you today! With one call or online booking, our full-service concierge team takes care of the rest. 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. One Airplane. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. NBAAs 2023 White Plains Regional Forum will bring current and prospective business aircraft owners, operators, manufacturers, customers and other industry personnel together for a one-day event. DiamondShare Availability. And after, we can help with scheduling, maintenance and even handle the money! This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. 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. 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. But is leasing right for you? Professional. Your contract will include a set number of overnights with no daily minimums for the overnights you select. Contact SkyShare USA or your accountant to discuss tax deductions from our program. It was easy to request this. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. The newer days-per-year model enables owners to fly as many hours as they need per day with the only limitation being standard crew duty times. Call today for a personal consultation with one of our private aviation experts. Maybe. Please feel free to give us a call at 407-923-2336 to discuss what options are available. Imagine the Fun you can have with this plane. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. All fractional operations will be in compliance with the new rule by the February 2005 deadline. Total Time: 2,945 Engine #1: 2,945 Engine #2: 2,945 Engines enrolled on Williams Tap Blue Deferred Tamarack Winglets PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. 2013 Daher Kodiak 100 available for 50% co-ownership.Total Time: 1,200Engine Hours: 1,200Propeller Hours: 1,200PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. 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. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. Will I have the same crew for each flight? All staffing and maintenance are included, with all work performed in-house. If the SMA Network doesnt have the plane you are looking for, we can help you form your own partnership to CO-OWN a new or used plane. With our new Global Access Program, we unveil an industry first: dynamic pricing. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. 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. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. 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. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. 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. 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. 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. The frontier of travel where innovation meets aviation. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 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. There are, at present, two options when purchasing a fractional share. 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. If youre interested in elevating your career to the next level, look no further than SDC2025. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . 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. What is the maximum fractional jet ownership share size? In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. It made the difference in my flying! 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! We are committed to protecting the privacy of our clients. Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. Engine 1 Maintenance Program: Other. 1/2 Fractional Ownership: Call For Availability. Additional information is available in this. Traditional share sizes are based on annual flight hours per contract, per year. 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. Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. Practical. With SkyShareUSA, these fees can be completely ELIMINATED. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . 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. term of 60 months Min. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. During the 1990s the growth of fractional ownership programs was substantial. 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. We provide high-net-worth individuals, corporations and family offices with the insight and expertise they need to confidently navigate the purchase or lease of a fractional share. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. DiamondShare Opportunity. Will my fractional jet ownership share be subject to state sales tax and state use tax? If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? FL 34243, United States +19413763500 +19542901357. April 30 - May 2, 2024. . 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. 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. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. A portion of a share purchase can be sold back to the provider at the end of the contract. For that you get 75 . You've disabled cookies in your web browser. SMA can walk you through how to start, run and grow your business. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. 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. 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. Aircraft Location: Apopka, Florida 1/3 Fractional Ownership: USD $675,000 Total Time: 7,730 Number of Seats: 8 Total Landings: 6,227 Additional Equipment: Landmark TAWS Universal FMS 1_Lw WAAS/LPV + SIDS and STARS BF Goodrich Skywatch Exterior Notes: Paint is in excellent condition. Up to date maintenance and is always kept in a hangar when not in use. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. I really liked the fact that I could ask for exactly who I wanted. Fractional Jet Ownership Unprecedented Access to Private Air Travel. The majority of the cost of fractional ownership can be broken down into three main parts: Flexjet gives fractional Owners the option to fly on larger or smaller aircraft types when the need arises. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. 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. More details to come! See More. From turbo-props to light jets and heavy jets, Essex Aviation can help identify the most suitable aircraft to meet any clients specific personal or business travel requirements. 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 Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. 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. KEMT - San Gabriel Valley Airport 1999 Cessna Citation Jet available for 50% co-ownership. Upon your return, access to your personally owned vehicle will be waiting for you. Their process was comprehensive and thorough. Flexjet private jet leasing options begin at 50 annual hours. Thorough. There are several key considerations that factor into fractional jet ownership. 2001 and 2002 Cessna Citation 560 XL aircraft 1/3 ownership for sale in Fort Lauderdale, FL professionally managed, professionally flown, aircraft are on engine programs, aircraft will be operated . We eliminate repositioning and empty leg fees for travelers that are able to plan travel ahead of time. Other programs offer share sizes based on annual days of utilization per contract year. For fractional share airplanes in Orlando, FL, browse our . 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. 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. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . We take care of it all. The AAP model is said to represent hassle-free, turnkey . Private access to esteemed sporting, philanthropic, social, and educational events. Monthly maintenance fee: These will be charged to each. Compare. 2024 NBAA Maintenance Conference . Let us help you reduce the expense of ownership! However, figuring out the true cost of flight hours can be tricky. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Get email alerts when a new share has been posted to your favorite airports! Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. The SMA Network can help you find your ideal aircraft(s), connecting you with an owner who is looking for great pilots to help their aircraft fly more. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. This fee covers your hourly operational costs for each hour flown. Aircraft acquisition while being able to plan Travel ahead of time allows you to purchase equity in a when. 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