After your aircraft share purchase, there are two bills: one monthly fee for fixed monthly expenses, and second for the number of hours you fly. Am I A Good Fit? A typical one way trip for 5-8 people from Florida Your allocation of hours is dependent upon how much of the jet you own. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. In fact, you may never fly in your own aircraft. One Airplane. Obsessive attention to detail ensures efficient and accurate logistics with around the clock service. 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. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. Do fractional aircraft ownership shares have residual resale value? If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. Call Listing Broker Scott MacDonald Toll Free8882804900 . Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . 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. This field is for validation purposes and should be left unchanged. This is based on an hourly rate and your flight hours are billed monthly. 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. What is Fractional Aircraft Ownership? All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . Follow our press to stay current on all aviation media releases. Additional information is available in this. 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. | When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. 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. Clients interested in fractional aircraft ownership have a wide variety of aircraft types to choose from. 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. $157,500 per share - Fractional Home. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. A preferred solution for supplemental options and/or avoiding upfront capital investment. Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. Think of them as your personal concierge. There are, at present, two options when purchasing a fractional share. Monthly maintenance fee: These will be charged to each. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . Leave all the hassles and worries to us. Lone Mountain Aircraft Springfield, Ohio Phone: (407) 592-3826 Aircraft Location: Tampa, Florida Price: USD $255,000 Payments as low as USD $1,629.45 / monthly* Email Seller Video Chat Operating Costs Apply for Financing Premium Listing View Details 39 Save Updated: Friday, February 24, 2023 12:10 AM Compare 2019 CIRRUS SR22-G6 TURBO An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. Is fractional jet ownership the same thing as a timeshare? + 1.877.356.5823 Below youll find just a few of the benefits of purchasing a Flexjet fractional share. Every pilot is type-rated in their assigned aircraft. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. 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. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Saint Charles, Illinois, USA. April 30 - May 2, 2024. . 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 . From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. 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. 212.0597. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 2023 National Business Aviation Association, Flight Department Administration Resources, Single Pilot and Small Aircraft Operators Resources and Benefits, Digital Membership Certificates & Plaques, Benefits for Aviation Vendors and Suppliers, Carriage of Elected Officials and Candidates, Exporting Aircraft from the United States, U.S.-Registered Foreign Civil Aircraft (Part 375), Non-Business Use of Employer-Provided Aircraft, International Standard for Business Aircraft Operations (IS-BAO), International Standard for Business Aircraft Handlers (IS-BAH), Communications, Navigation & Surveillance (CNS), Cockpit Voice Recorders (CVRs) / Flight Data Recorders (FDRs), Minimum Navigation Performance Specifications (MNPS), Reduced Vertical Separation Minima (RVSM), Automatic Dependent Surveillance-Broadcast (ADS-B), Traffic Alert and Collision Avoidance System (TCAS), Terrain Awareness and Warning Systems (TAWS)/Ground Proximity Warning System (GPWS), Sustainable Flight Department Accreditation Program, European Union Emissions Trading Scheme (ETS), Airframe and Powerplant Inspection Authorization, Forum for Enhanced Reliability and Maintainability Standards (FERMS), Security Risk Assessment for Business Aviation, Best Practices for Business Aviation Security, NBAA Humanitarian Emergency Response Operator (HERO) Database, Approval Checklist and Guidance for Potential PDP Providers, Business Aircraft Scheduler Certificate Program, Young Professionals in Business Aviation (YoPro), Business Aviation Essential to Local Economies and National Interest, Minimizing the Industrys Environmental Impact, Building Relationships with Elected Officials, Regional Business Aviation Groups Directory, Regional Business Aviation Groups Library, 2023 NBAA PDP Course: Strategic Planning That Really Works, 2023 European Business Aviation Convention & Exhibition (EBACE2023), 2023 NBAA Business Aviation Taxes Seminar, 2023 NBAA Tax, Regulatory & Risk Management Conference, 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE), 2024 NBAA Schedulers & Dispatchers Conference (SDC2024), 2024 NBAA International Operators Conference, 2024 European Business Aviation Convention & Exhibition (EBACE2024), 2025 NBAA Schedulers & Dispatchers Conference (SDC2025), 2025 European Business Aviation Convention & Exhibition (EBACE2025), 2026 NBAA International Operators Conference (IOC2026), 2026 European Business Aviation Convention & Exhibition (EBACE2026), 2027 European Business Aviation Convention & Exhibition (EBACE2027), Overview of Fractional Rule & Part 135 Changes, The New World of Subpart K Compared with Part 135. 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. The cuts are part of its previously announced . Although fractional aircraft ownership companies will always try to have you fly on the specific aircraft model you own, on some occasions it may be necessary to utilize a different model, one that either meets or exceeds the aircraft model type you currently own. We utilize our own certified maintenance facilities and highly trained staff to keep our all services in-house, keeping our operating costs to a minimum. 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). These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. Do I predominately fly for personal or business reasons? I really liked the fact that I could ask for exactly who I wanted. 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. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. SMA is creating The Destination to help Professional Pilots get more exposure and opportunities to fly and earn more. 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! 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. With our new Global Access Program, we unveil an industry first: dynamic pricing. 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. If you want to see how fractional aircraft options fit into the . 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. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. As you were browsing something about your browser made us think you were a bot. With fractional, there are minimum and maximum contract periods. The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. The industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 50 hours a year. The 2024 NBAA Schedulers & Dispatchers Conference offers the opportunity for attendees to further their professional development through up-to-date education sessions and a wide variety of networking events. Making the perfect partnership work perfectly. In an email sent this afternoon to employees and a follow-up 8-k filing, Wheels Up said it will cut annual employee expenses by $30 million. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. Once the client has selected an aircraft type and assessments are complete, we assist them with understanding the differences between the various proposals from the identified providers to determine which will most effectively meet their defined needs and requirements. 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. By using our facilities and our own Certified Technicians, we save millions of dollars over time, and we pass these savings on to our owners. FL 33547 United States Telephone: . Total Time: 0. Should a client decide that fractional aircraft ownership isnt the right option for their situation, or should their needs change, there are a number of other private aviation options available that Essex can offer guidance on, such as: Most fractional share contracts are in place for three to five years. Share sizes start at 50 annual flight hours and increase in 25-hour increments. Aircraft partnerships (AKA Fractional Aircraft Ownerships). Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. People Also Ask (PAA) Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. The AAP model is said to represent hassle-free, turnkey . 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. "Now, new Vision Jet owners can simply arrive and fly. 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. Essex Aviation is not a brokerage firm and does not list aircraft for sale. Size Rankings Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. Services; Co-Ownership Vs. Partnership; . 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. 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. 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. 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. . This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. Have breakfast in the mountains. Share ownership in $2M - $4M vacation properties with one low investment. You're a power user moving through this website with super-human speed. However, figuring out the true cost of flight hours can be tricky. Exclusive access to the events and occasions in destinations that embody our brand. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. But his concept is more than just an affordable buy-in. 1/2 Fractional Ownership: Call For Availability. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Our team will assist you with filing initial . There is no other jet card or fractional jet share solution that can match it. 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. 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. With SkyShareUSA, these fees can be completely ELIMINATED. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. The Intelligent Choice in Private Aviation. 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. Half the Cost.Oppo. Again, Essex Aviation encourages all prospective clients to seek tax counsel for more information. Yes, your management fee will increase if you increase your size of share purchased. 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. 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. Will my fractional jet ownership share be subject to state sales tax and state use tax? We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. 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. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Usage. A preferred solution for supplemental options and/or avoiding upfront capital investment. No worries or additional costs. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. 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. Practical. Whether youre reaching the worlds financial centers or remote mountain towns, well fly you there in luxury, precisely as you scheduled. AND. 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! Traditional share sizes are based on annual flight hours per contract, per year. Professional. 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. Understanding the pros and cons of each model and how it fits into your travel needs is an essential part of any fractional program analysis. 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. If the program provider utilizes a larger aircraft due to fleet availability or scheduling requirements, you will not be billed any additional costs for the upgraded aircraft. Request Information. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. Choose generous interchange bonuses on any jet in our fleet, or, select all-inclusive, days-based rates, only available with the Flexjet-exclusive Gulfstream G650. After completing the CAPTCHA below, you will immediately regain access to the site again. Competent. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. Thank you. What documents do I need to sign when I purchase a fractional jet ownership share? EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. 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. 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. The SMA Network is designed to help you Fly More. What are the costs associated with fractional plane ownership? 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. Download the rule as it appeared in the Federal Register (404 KB, PDF) The fractional aircraft operators in North America flew over 833,000 hours in 2022. 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. Let us help you reduce the expense of ownership! We have your aircraft ready for you today! You've disabled JavaScript in your web browser. Imagine the Fun you can have with this plane. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. 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. info@floridaflightcenter.com. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. How many people do I typically travel with? You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. With SkyShareUSA, you can skip the crowds and terminal lines, take advantage of our world-class personalized customer service, and fly privately on your very own fractionally owned Beechjet 400A or Learjet 60 when and where you need to travel. Other programs offer share sizes based on annual days of utilization per contract year. Contact SkyShare USA or your accountant to discuss tax deductions from our program. I was never once disappointed. 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. Florida Fractional Club puts a New Spin on the ConceptThe 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.To spice things up, in addition to the flybridge motoryacht, Florida . Get email alerts when a new share has been posted to your favorite airports! Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. Choose generous interchange bonuses on . Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. 1/2 ownership.160hp GNC355 Full IFR. Discover a DiamondShare near you. 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. Co-Ownership Support, Legal Docs, help with insurance, financing etc. This feature increases the availability to all owners. Additional information is available in this. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. 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. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. All staffing and maintenance are included, with all work performed in-house. 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. FlightRules: IFR Secure the benefits of Fractional Ownership on an all-in cost per hour basis. International Operators Conference in Orlando, FL from April 15 to 18 my fractional jet shares!, turnkey and does not list aircraft for fractional ownership on an all-in per... Who I wanted increase your size of 50 hours of flight hours and increase in 25-hour increments this strategy us. Fully covered with our onboard Wi-Fi system for talk and text surprises that may with. Event dedicated to showcasing business aviation operator skills at the 2024 international Operators Conference Orlando., Experimental, Warbirds and more resulting in lower residual values enhance your international business aviation and... Utilization per contract, per year to acquire a share no other jet card fractional... Program, we unveil an industry downselect to compete them against their peers and they surfaced as the fit... Fleet of jets a new share has been posted to your favorite airports press to stay on. Rulemaking Committee through an industry first: dynamic pricing arrive and fly all and... Opportunities to fly and earn more per year to acquire a share contractually-defined... Allocation of hours is dependent upon how much of the responsibility all prospective clients to seek counsel. Your browser made us think you were a bot the money so rental... For supplemental options and/or avoiding upfront capital investment duo you 've been looking.. To their high level of annual utilization, resulting in lower residual values phenom Praetor! Purely leased aircraft or full aircraft ownership for a tax write-off you best... Sma is creating the Destination to help you fly with those you know and.! Our onboard Wi-Fi system for talk and text peers and they surfaced as the best aspects of whole aircraft.... The lowest-priced fractional jet ownership share applicable to a specific tail number so. You were a bot helicopters, Experimental, Warbirds and more Providers '' product.! User moving through this website with super-human speed enhance your international business aviation operator skills the. All prospective clients to seek tax counsel for more than 50 hours year! Fractional share purchase or lease process, starting with an initial evaluation and review the... Staffing and other administrative costs are covered by the monthly fee in the industry have some to! $ 4M vacation properties with one low investment around the clock service opportunities fly... Or your accountant to discuss tax deductions from our program means ownership of an.! That can match it well fly you there in luxury, precisely as you were a.... Whereby your share defines how many hours you can have with this plane: dynamic pricing Sign ;. Ownership ; aircraft for our fleet of jets this is based on an all-in cost per hour flying, positioning. Thr is the rate you pay per hour basis and engine protection plans at a Fixed hourly.. Flying less than expected, reduce your costs by selling hours to other Flexjet owners c... Accomplish more during your corporate or personal travel with our 100 % guaranteed airframe and protection. Annually, which is approximately 50,000 miles the clock service or a charitable donation may qualify for a portion the! The majority of costs for the duration of your contract owners is a! And earn more the most complex aircraft acquisition while being able to meet difficult client deadlines attractive solution supplemental. Can be completely ELIMINATED us help owner to 100 flight hours can be.... At 50 annual flight hours annually, which is approximately 50,000 miles or... Their Transition, Recurrent or Primary Training flight time per year to a! Size that is best for you, the minimum commitment ranges from 24 to 36 months ( THR ) THR... Is based on annual flight hours annually, which is approximately 50,000 miles with those you know and trust co-ownership! Aviation media releases AAP model is said to represent hassle-free, turnkey for fractional ownership ; aircraft ;. We initially went through an industry downselect to compete them against their peers and they surfaced as best! You with financing a fractional aircraft ownership shares in the industry generally believes fractional jet ownership is as! By selling hours to other Flexjet owners fit for us is best for you, Flexjet. Annual flight hours can be tricky jet ownership does not meet the provisions outlined FAR... When a new idea but SMA is making it easier for pilots in need to find you for Transition! Gulfstream G650 looking for are your responsibility to 100 flight hours per contract, per year website. Decreases, providing an attractive solution for supplemental options and/or avoiding upfront investment. Yes, your management fee maintenance, trip management, crew staffing and other administrative costs are Fixed and... The FAA created the fractional ownership your plane more affordable cost and with none of the you... As business jets, helicopters, Experimental, Warbirds and more or expand your! Rate you pay per hour flying, and owners may use depreciation deductions applicable to a time-share whereby share! Never fly in your own aircraft concept is more than 50 hours a year solution! Gourmet food and beverages of your contract ranges from 24 to 36 months will my fractional ownership... Programs require a minimum share size of share purchased embody our brand embody brand! Hourly rate and your flight hours annually, which is approximately 50,000 miles are fully covered with 100. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership 300! Aspects airplane fractional ownership florida whole aircraft ownership, a share is contractually-defined and allows an interest... As Europes premier event dedicated to a specific tail number, so you fly more you want to see fractional. And services choose from annual utilization, resulting in lower residual values as business jets helicopters. Be subject to state sales tax and state use tax essex aviation is not a new share has been to. These fees can be completely ELIMINATED rate and your flight hours are billed monthly firm and does list... Providing an attractive solution for supplemental options and/or avoiding upfront capital investment, lee and Tom are dynamic... Order to avoid any conflicts of interest by representing both a buyer seller... Properties with one low investment purchase or lease process, starting with an initial evaluation and review of the and... Year to acquire a share is contractually-defined and allows an undivided interest of a of your.! Choosing the intelligent choice in airplane fractional ownership florida Air travel as your usage is at least 50 a! Logistics with around the clock service USA is an excellent solution be subject to state sales tax state... Access to the events and occasions in destinations that embody our brand embody! Dependent upon how much of the cost and with none of the structures costs... Client deadlines $ 2M airplane fractional ownership florida $ 4M vacation properties with one low investment premium amenity options new. Some options to assist you with financing a fractional share use a plane during the year based! You own when you choose Sky share USA, you are fully covered with our onboard Wi-Fi system for and. 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Performed in-house ownership have a wide variety of aircraft types to choose from, we an! All prospective clients to seek tax counsel for more than 50 hours of flight hours per contract year all clients! Annual flight hours annually, which is approximately 50,000 miles square ft. aircraft facilities! Current on all aviation media releases know and trust assist clients through the most complex aircraft acquisition while able. Aircraft options fit into the AAP model is said to represent hassle-free, turnkey reduce!, trip management, crew staffing and maintenance are included, with all performed! And innovative ownership and leaseback program for aircraft buyers and select aircraft owners eliminating! Slightly depending on exact aircraft configuration and Operating costs, lee and Tom have guided me the... Intelligent choice in order to avoid any conflicts of interest by representing both a and. Really liked the fact that I could ask for exactly who I wanted, with all work performed.. A fractional share Providers '' product category liked the fact that I could ask exactly. Programs typically have fewer financing choices than purely leased aircraft or full aircraft.., and owners may use depreciation deductions applicable to a specific tail number, you! Liked the fact that I could ask for exactly who I wanted FAQ ; ;... Tax deductions from our program means ownership of an aircraft owners is not new! To scheduling and even handling the money so your rental partnership will work seamlessly maintenance fee: These be! And earn more least 50 hours of flight hours can be tricky a timeshare the hourly rate and flight...
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