flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. Efficient., Lee, Tom and the team at Essex have worked with us over the years on a variety of fixed wing, rotor and other special projects, performing to superior standards throughout. 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. This varies depending on the aircraft type and size of the share. The tax applies to the . Fractional aircraft share programs are long-lasting relationships. . AND. Aircraft is always hangered. 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. Located at the magnificent Palexpo in Geneva, Switzerland and the Geneva International Airport, EBACE2023 will be the place to engage with companies that are paving a new way in the business aviation marketplace. We understand that travel flexibility is vital to our owners. term of 30 months. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. But is leasing right for you? Saint Charles, Illinois, USA. From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. 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. Leave all the hassles and worries to us. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. 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. Informed. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Aircraft For Fractional Ownership 1 - 25 of 65 Listings. Depending on your ownership level, you may use up to five aircraft in one day. Our team will assist you with filing initial . 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. With fractional, there are minimum and maximum contract periods. Essex Aviation recommends that prospective fractional jet ownership clients consider the following before making a decision: There are two options when purchasing fractional shares: an hours-per-year model and a days-per-year model. Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. Your allocation of hours is dependent upon how much of the jet you own. Our team of aviation experts handles every trip detail, from catering to maintenance; all you have to do is tell us where youre going and when you want to leave. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. 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. Mon -- 9:00 am - 5.00 pm. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. Print Share. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. Inquire for full details and photos. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. What are the key considerations for fractional jet ownership? . Private aviation offers numerous benefits, but each service option comes with its pros and cons. Fractional ownership is basically a partnership with multiple buyers at the corporate level. We are committed to protecting the privacy of our clients. But much like Fractional Ownership, you enjoy access to our entire closed fleet through our unique interchange program. Tax Benefits are available from fractional jet ownership as depreciation deductions. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. Yes, your management fee will increase if you increase your size of share purchased. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex 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). Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. 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. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. We accept no commissions, referral fees or any other forms of compensation from any third parties. 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. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. All staffing and maintenance are included, with all work performed in-house. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. The objective of the FOARC was to propose such revisions to the Federal Aviation Regulations and associated guidance material as may be appropriate with respect to fractional ownership programs. On Feb. 23, 2000, the FOARC presented its recommendations to the FAA in the format of a Notice of Proposed Rulemaking. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Why spend millions when you can have the performance and comfort at a fraction of the price. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Each level of ownership entitles includes a percentage of the 800 flight hours available per year on each aircraft. Call Listing Broker Scott MacDonald Toll Free8882804900 . No worries or additional costs. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. Size Rankings Follow our press to stay current on all aviation media releases. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Potentially. Co-Ownership Support, Legal Docs, help with insurance, financing etc. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Learn more about the National Business Aviation Association. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. It was easy to request this. 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. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. Aircraft Location: South Florida, Florida, USA. 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. 2023 ShareMyAircraft.com All Rights Reserved | After completing the CAPTCHA below, you will immediately regain access to the site again. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. Fractional ownership Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. Have breakfast in the mountains. April 30 - May 2, 2024. . 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. Obsessive attention to detail ensures efficient and accurate logistics with around the clock service. Thorough. This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. 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. With operating costs from $699/hr. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. My plane is complex, so it was important for me to have someone with minimum time in my type and an instrument rating. Please feel free to give us a call at 407-923-2336 to discuss what options are available. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. One of the main motivators for a fractional purchase is the ability to share the . After completing the CAPTCHA below, you will immediately regain access to the site again. The Essex team has provided key analysis ranging from the mundane, such as the interpretation of the placement of a placard on an aircraft to negotiations relating to an engine care program. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. Attend EBACE2025 to learn how new advanced aviation technologies will impact your business and which innovations can help make your business more profitable and sustainable. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. FlightRules: IFR Again, Essex Aviation encourages all prospective clients to seek tax counsel for more information. Asset purchase This upfront cost covers your share of the aircraft. 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. Call today for a personal consultation with one of our private aviation experts. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. 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! Quite possibly we have the solution that will not break the bank. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. Practical. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. KEMT - San Gabriel Valley Airport 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. You're a power user moving through this website with super-human speed. One Airplane. 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. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . 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. The cuts are part of its previously announced . 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. Will I have the same crew for each flight? 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. 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. Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. Consequently, our Direct Operating Charges are the lowest you will find. 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. However, figuring out the true cost of flight hours can be tricky. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Discover a DiamondShare near you. Am I able to fly over my allotted hours for the year? All the airplane, half the cost. A preferred solution for supplemental options and/or avoiding upfront capital investment. Imagine the Fun you can have with this plane. The industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 50 hours a year. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . 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. By submitting the form, you consent to such processing. Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. 212.0597. Flight departments rely upon our consultative approach to providing supplemental lift solutions. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. 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. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. You've disabled JavaScript in your web browser. 1999 Cessna Citation Jet available for 50% co-ownership. As you were browsing something about your browser made us think you were a bot. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. However, SkyShareUSA has a program to offset repositioning charges for owners. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. 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. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. 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. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. 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. Equity Fund, Shared Ownership. Their collective skills provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Half the Cost.Oppo. What types of fractional aircraft ownership shares are available? See how companies of all sizes use aircraft to help their businesses succeed. Attend EBACE2024 to experience new and future-forward aviation technologies including high-tech small aircraft, ultra-modern intercontinental jets, advanced air mobility and eVTOL aircraft, state-of-the-art avionics and much more. This article gives an overview of the agreements and documents you will sign as a fractional owner. In fact, you may never fly in your own aircraft. Aircraft partnerships (AKA Fractional Aircraft Ownerships). If you want to see how fractional aircraft options fit into the . 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. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. 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