Our elite team of aviation experts handles every detail, from trip planning to maintenance. 2023 ShareMyAircraft.com All Rights Reserved | Is fractional jet ownership the same thing as a timeshare? 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 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. KEMT - San Gabriel Valley Airport WORKING HOURS. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. 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 Share Airplane in Tampa, FL. Included is our guarantee to cover 100% of all maintenance. All fractional operations will be in compliance with the new rule by the February 2005 deadline. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. 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. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. A typical one way trip for 5-8 people from Florida What is Fractional Aircraft Ownership? 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. 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. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. More details to come! 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. Choose generous interchange bonuses on . term of 60 months Min. Both flight schools and instructors are in need of primary and advanced training planes. Granting you the ability to "right-size" your jet to fit each trip. Responsive. What documents do I need to sign when I purchase a fractional jet ownership share? We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare 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. Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. 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. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. One of the main motivators for a fractional purchase is the ability to share the . Imagine flying one of the most advance GA aircrafts for a private partnership, think Diamond D42/62 or the Cirrus SR22 - The SMA Network provides exposure to Commercial Pilots to fly and earn more! Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. See how companies of all sizes use aircraft to help their businesses succeed. During the 1990s the growth of fractional ownership programs was substantial. Two Owners. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation, Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly, However, pricing varies based on timing and varies across operators, Designed for those with minimal travel needs, No fees for repositioning, catering, or de-icing, Typically offers more experienced pilots and crews, Aircraft are often younger and more advanced, You select aircraft and receive guaranteed access, One point of contact + expert operations team, Providers own their aircraft and employ their own pilots, No need to involve more than one provider for long trips, Minimal cabin restrictions (pets allowed on board), VIP access to events, resorts, and product offerings, None of the risks, restrictions, and responsibilities associated with whole ownership, Much smaller upfront capital deployment + fixed costs, Repositioning, catering, and de-icing fees are covered, Ability to upgrade or downgrade aircraft for specific trips, Option to utilize more than one aircraft simultaneously, No maintenance downtime or need for supplemental lift, Option to sell share back to the provider at end of term, Depreciation deductions applicable to a capital asset, Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. This fee covers your hourly operational costs for each hour flown. Up to date maintenance and is always kept in a hangar when not in use. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. Inquire for full details and photos. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Serial Number: 1DK245. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. 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. 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. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? 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. Is Fractional Ownership the Right Choice for You? 1/2 Fractional Ownership: Call For Availability. Let us help you reduce the expense of ownership! Will my direct operating cost per hour increase as my hours purchased increases? For fractional share airplanes in Orlando, FL, browse our . Leave all the hassles and worries to us. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. 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. 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. 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. The Intelligent Choice in Private Aviation. Thank you. The SkyShare USA fractional jet fleet is comprised of the Beechjet 400a for light jets and the Learjet 60 for our mid-sized jets, we do not have any heavy jets at this time. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. The PlaneSense Fractional Program. With the SMA Network, your plane can earn you income while they fly and keep it maintained. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. 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. . If youre interested in elevating your career to the next level, look no further than SDC2025. 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. Jet Card. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. You will pay the following fees: Initial purchase. 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. Aircraft listing and Share Liquidity. Quite possibly we have the solution that will not break the bank. Contact us today to become a fractional owner and lets start your journey. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. For career opportunities and questions, please go to our careers section. You enjoy all the benefits of your private jet, while we handle the rest! Why spend millions when you can have the performance and comfort at a fraction of the price. If you fly on a non-Flexjet aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year. 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. 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. You've disabled JavaScript in your web browser. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. 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. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. Your allocation of hours is dependent upon how much of the jet you own. Once the client has selected a provider, Essex will provide ongoing representation during the review, including the negotiation of terms, final contracting and closing on the share. Contact SkyShare USA or your accountant to discuss tax deductions from our program. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. FL 33547 United States Telephone: . The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. How much does fractional aircraft ownership cost? 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. You've disabled JavaScript in your web browser. Aircraft is always hangered. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. The SMA Network, your plane can earn you income while they fly keep! The largest fractional operators, including operators of both jets and turboprops, are ranked and below! Are guided by our core values of affordability, convenience, and most importantly, simply the best at they. 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