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. Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. 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 Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. 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 Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. 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 . If you want to see how fractional aircraft options fit into the . 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. There is no other jet card or fractional jet share solution that can match it. 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. Our elite team of aviation experts handles every detail, from trip planning to maintenance. Fractional Jet Ownership Unprecedented Access to Private Air Travel. 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. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. The 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. 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. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? 1/2 Fractional Ownership: Call For Availability. Florida Fractional Club puts a New Spin on the Concept. 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. This article gives an overview of the agreements and documents you will sign as a fractional owner. Their process was comprehensive and thorough. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. High/Low/Average 1 . Jet Aircraft Immediate Availability! Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. Collaborations with likeminded brands that offer one-of-a-kind experiences and products. Get email alerts when a new share has been posted to your favorite airports! Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Fractional Share Airplane in Tampa, FL. 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. 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. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. The 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) will return to Las Vegas, NV from October 17-19. 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 Second Cost Basis is one low, monthly Fixed Monthly Fee that covers all expenses such as aircraft management, crew, insurance, hangar rental, cleaning, and more. Lee and Tom are key partners in all aspects of family office aviation matters., John Castrucci, Family Office Executive & Founder, I engaged Essex Aviation to prepare an analysis of large cabin aircraft that best met my needs. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. It was easy to request this. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. Planning for the teams future is one of a leaders most important responsibilities. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. Am I A Good Fit? The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. Competent. 1999 Cessna Citation Jet available for 50% co-ownership. For career opportunities and questions, please go to our careers section. What are the key considerations for fractional jet ownership? Knowledgeable. Call us now at 407-923-2336 to learn more about SkyShare USA. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. 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. EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. If a client wanted to exit their share early, the experienced counsel at Essex Aviation can assist them in determining the best strategy to exit their plan in the most cost-effective manner and manage the final repurchase transaction of the share with the program provider. Gulfstream G650 Access Programs. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Print Share. Do I predominately fly for personal or business reasons? $157,500 per share - Fractional Home. Compare. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. 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. After completing the CAPTCHA below, you will immediately regain access to the site again. Aircraft listing and Share Liquidity. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Total Time: 320.0. 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. 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. Our success lies in delivering maximum freedom of movement, comfort, and familiarity while ensuring that every single flight reaffirms our owners decision to join the PlaneSense fractional program. George Antoniadis, CEO & President. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. This field is for validation purposes and should be left unchanged. AND. As you were browsing something about your browser made us think you were a bot. + 1.877.356.5823 Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. Thorough. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. One Airplane. 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. What is the maximum fractional jet ownership share size? Please feel free to give us a call at 407-923-2336 to discuss what options are available. 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! The average price per hour varies slightly depending on exact aircraft configuration and operating costs. There are, at present, two options when purchasing a fractional share. The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . Do fractional aircraft ownership shares have residual resale value? We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. Our team will assist you with filing initial . However, SkyShareUSA has a program to offset repositioning charges for owners. 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 SMA Network can help you find a great plane and pair you up with other pilots that compliment your flying goals in your area! 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. Stay connected for business. 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). Serial Number: 1DK245. 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. 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. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Download the rule as it appeared in the Federal Register (404 KB, PDF) SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. SkyShareUSAs program is simple, efficient, and transparent. 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. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. How many people do I typically travel with? Leasing. 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. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. 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! Learn more about the National Business Aviation Association. Whether youre reaching the worlds financial centers or remote mountain towns, well fly you there in luxury, precisely as you scheduled. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. 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. 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 cuts are part of its previously announced . Aircraft For Fractional Ownership 1 - 25 of 65 Listings. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. 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. Half the Cost.Oppo. For Commercial Pilots and Instructors, the SMA Network is designed to help provide you more income opportunities in the air (or on the ground) and be found by more owners and pilots in your area so you can Fly More. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. Think of them as your personal concierge. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. This is calculated as an hourly rate to cover two items: the fixed cost of maintenance also known as a monthly maintenance fee, and the fuel needed for the aircraft type. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. 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. All the airplane, half the cost. What is the minimum fractional jet ownership share size? 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. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. 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. 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. 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. 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. 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. 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. 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