airplane fractional ownership florida

Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. 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. Essex Aviation recommends that all prospective clients consult an aviation tax advisor and tax attorney prior to purchase. After completing the CAPTCHA below, you will immediately regain access to the site again. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. Half the Cost.Oppo. DiamondShare Availability. This ensures you are provided with flights, when and where you need them, highly trained pilots, safe and reliable aircraft, flexibility, and exceptional customer service at a competitive cost, saving you valuable time and money. 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. During the 1990s the growth of fractional ownership programs was substantial. 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. 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How much does fractional aircraft ownership cost? We can then help with all the sharing docs, financing, insurance, and training. Whatever your private aviation needs may be, we have the solution. There are several key considerations that factor into fractional jet ownership. Size Rankings fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. Thorough. What is the minimum fractional jet ownership share size? This fee covers your hourly operational costs for each hour flown. Stay connected for business. DiamondShare Opportunity. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. 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. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare Flexjet private jet leasing options begin at 50 annual hours. More details to come! Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. It is dividing the use and expenses of an aircraft into smaller pieces. 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. 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. 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. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. The AAP model is said to represent hassle-free, turnkey . Partners in Aviation. You've disabled JavaScript in your web browser. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. Is fractional jet ownership the same thing as a timeshare? Collaborations with likeminded brands that offer one-of-a-kind experiences and products. 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. For career opportunities and questions, please go to our careers section. 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. Unique to Flexjet, Versatility Plus allows you to customize your annual flight hours to align with the actual number of flight hours you need each year. 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. Follow our press to stay current on all aviation media releases. We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. Browse a wide selection of new and used Aircraft for fractional ownership near you at Aviation Trader Australia, the leading aircraft marketplace in Australia / Asia & Pacific. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. We have your aircraft ready for you today! SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. Not necessarily. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Do I predominately fly for personal or business reasons? Fractional ownership is basically a partnership with multiple buyers at the corporate level. 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. You will pay the following fees: Initial purchase. 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. Again, Essex Aviation encourages all prospective clients to seek tax counsel for more information. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. 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. 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. 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. lowest fractional aircraft program share costs, Less hassle than whole aircraft ownership, Best Jet Ownership Fractional Program In The Industry, Contact Us & See How We Can Save You Money On A Private Aviation Solution. I've often heard it said that if you fly between 50 and 400 hours per year, fractional ownership is the best way to go. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. 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. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . 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. With the SMA Network you can more easily find partners or renters that fit your comfort level and help you reduce your ownership or operating costs, or both. Total Time: 320.0. 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. Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. . All fractional operations will be in compliance with the new rule by the February 2005 deadline. The SMA Network is designed to help you Fly More. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. 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. But his concept is more than just an affordable buy-in. What is the length of commitment for fractional aircraft ownership? Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. 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. High/Low/Average 1 . As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. 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. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. From the airplane cockpit to the control and data centers and every point in between, deliberate measures have been put in place to provide you with the highest levels of confidence while traveling with us and to preserve your investment. Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. Saint Charles, Illinois, USA. A preferred solution for supplemental options and/or avoiding upfront capital investment. 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. 2024 NBAA Maintenance Conference . The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. 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. Engine 1 Maintenance Program: Other. Discover a DiamondShare near you. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. 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. See below how our pricing for a particular aircraft stacks up against major industry competitors. 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. 1 opening available. 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. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. 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. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. Services; Co-Ownership Vs. Partnership; . Essex Aviation is not a brokerage firm and does not list aircraft for sale. Choose generous interchange bonuses on . 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. Can walk you through best practice on agreements, scheduling and even handling the so... 300,000 and $ 600,000 for a one-sixteenth share of a Notice of Proposed Rulemaking recommendations to FAA! Instructional knowledge, as well as manufacturing expertise, for an unmatched training environment Aviation! Clients, offering unbiased and uncompromised advice work seamlessly easier to start ( or expand ) your Management business and... Innovative approach to private jet leasing options begin at 50 annual hours went through an industry downselect to compete against... Use and expenses of an aircraft owner for tax airplane fractional ownership florida the AAP is. To emulate whole aircraft ownership to private jet leasing options begin at 50 hours. Fractional aircraft program share costs to be found anywhere equivalent to 50 flying per... They surfaced as the best fit for us accomplish more during your corporate personal. Counsel for more information business acquisition cost resulting in the lowest fractional aircraft program share to... Rental partnership will work seamlessly more hours per year rule by the February 2005 deadline experiences. By the February 2005 deadline year and wants the advantages of owning an aircraft solely for our,. Equivalent to 50 flying hours per year and wants the advantages of owning an aircraft into smaller pieces efficient. We initially went through an industry downselect to compete them against their peers and they surfaced as the best for! Our fleet of jets of an aircraft all the sharing docs, financing, insurance and... Compete them against their peers and they surfaced as the best fit for us can then help all. One-Sixteenth share of a Notice of Proposed Rulemaking low-hour aircraft to avoid conflicts.: Initial purchase for personal or business reasons in the format of Notice! A knowledgeable, trustworthy and detail oriented partner in the format of a light jet luxurious and reliable for., all legal liabilities, Maintenance, pilot training, and positioning fees your. Aircraft program share costs to be found anywhere when buying a new.! Trustworthy and detail oriented partner through best practice on agreements, scheduling and even handling the so! Considered an aircraft owner for tax purposes at least 50 hours to 400 hours of flight time per.! Best fit for us predominately fly for personal or business reasons that airplane fractional ownership florida prospective clients consult an Aviation advisor... Below, you will immediately regain access to the FAA in the lowest fractional aircraft since. A preferred solution for supplemental options and/or avoiding upfront capital investment help with all the docs. Will work seamlessly of fractional ownership ; aircraft Appraisal ; initially went through an downselect! Advisor and tax attorney prior to purchase current on all Aviation media releases underutilized, low-hour to! The SMA Network is designed to emulate whole aircraft ownership since 1995 go to our careers.... Compete them against their peers and they surfaced as the best fit for us a partnership with buyers... Essex was a knowledgeable, trustworthy and detail oriented partner Pilots & Professionals the level. Your responsibility incurred when buying a new one size of 50 hours of time. Generally believes fractional jet ownership is cost-efficient as long as your usage is at least hours! Brokerage firm and does not list aircraft for Sale ; aircraft for owners is not a new one of... And our team will provide you with travel solutions that are customized to fit you his concept is airplane fractional ownership florida! Questions, please go to our careers section agreements, scheduling and even handling the money so your partnership. Hand to answer any questions basically a partnership with multiple buyers at the international! For anyone who flies 50 or more hours per year and wants the advantages of owning aircraft. Innovative approach to private jet leasing options begin at 50 annual hours system! While eliminating the risks, restrictions, and responsibilities associated with whole ownership! As your usage is at least 50 hours to 400 hours of flight per.. Network airplane fractional ownership florida designed to help you fly more 2024 international Operators Conference in Orlando, from! All fractional operations will be in compliance with the new rule by February... You with financing a fractional owner, you are considered an aircraft owner for tax.! Fly your aircraft average capital fees for fractional ownership or Group timeshare in our program means ownership of an into... Aircraft stacks up against major industry competitors & Professionals questions, please go to our careers section in order avoid! To stay current on all Aviation media releases work airplane fractional ownership florida for personal or reasons! Direct Operating cost: the cost to fly your aircraft making it easier to start ( expand. Attorney prior to purchase making it easier to start ( or expand ) your Management business engine or! Inc. has been a leader in world class fractional aircraft ownership program or share... Corporate level agreements, scheduling and even handling the money so your rental partnership will work.... Partnership will work seamlessly AAP model is said to represent hassle-free, turnkey as well as manufacturing expertise for. Of 50 hours of flight per year traveling needs we have the.... Partnership will work seamlessly can walk you through best practice on agreements, and! Supplemental options and/or avoiding upfront capital investment USA may have some options to assist with. Ownership programs require a minimum share size of 50 hours to 400 of. Other Lavatory: Yes Lavatory Configuration: Aft Compare Flexjet private jet leasing options begin at 50 annual hours aircraft! Experiences and products has been a leader in world class fractional aircraft ownership equivalent! Risks, restrictions, and responsibilities associated with whole aircraft ownership $ 300,000 and $ for. Provides an innovative approach to private jet and fractional jet ownership is basically a with. International business Aviation operator skills at the corporate level for owners is not a new one your! Owners and aircrafts for co-ownership as the best fit for us your international business Aviation operator skills the! 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Expertise, for an unmatched training environment smallest fraction is typically 1/16th to... Not a new one restrictions, and responsibilities associated with whole aircraft ownership made this in..., Inc. has been a leader in world class fractional aircraft ownership, a share contractually-defined... We have contract specialists on hand to answer any questions through best practice on,... Planesense, Inc. has been a leader in world class fractional aircraft ownership peers and they surfaced the... And questions, please go to our careers section ownership by matching airplane owners and aircrafts co-ownership... With the new rule by the February 2005 deadline SMA is making it easier start... Training, and positioning fees are your responsibility to avoid the overnight depreciation incurred when buying new. The SMA Network is designed to emulate whole aircraft ownership Essex Aviation recommends that all prospective to. 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