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. Will I have the same crew for each flight? If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. 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. From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. The FAAs 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). 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. 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 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. We have your aircraft ready for you today! Secure the benefits of Fractional Ownership on an all-in cost per hour basis. 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. . Imagine the Fun you can have with this plane. If your aircraft type doesn't suit you for . Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Serial Number: 1DK245. Number of Seats: 2. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Learn more about the National Business Aviation Association. FL 33547 United States Telephone: . Co-Ownership Support, Legal Docs, help with insurance, financing etc. 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. As some of the most rigorously flight-trained and experienced pilots in the industry, the pilots of SkyShareUSA's fleet exceed the highest levels of professionalism, proficiency, and flying expertise required by the Federal Aviation Regulations, Part 135. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. 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. 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. Fractional Share Airplane in Tampa, FL. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. The aircraft owners participating in the program agreed not only to share their own aircraft with others having a shared interest in that aircraft, but also to lease their aircraft to other owners in the program (dry lease exchange program). 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. For career opportunities and questions, please go to our careers section. Our team will assist you with filing initial . You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. Potentially. Aircraft Location: South Florida, Florida, USA. We can then help with all the sharing docs, financing, insurance, and training. Tax Benefits are available from fractional jet ownership as depreciation deductions. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. 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. 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. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. 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. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. 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). The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. Fractional ownership can start to make sense if you fly more than 50 hours a year. As an added benefit, some fractional plane ownership programs offer owners the option to upgrade or downgrade the size of the aircraft depending on their trip requirements. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Privacy Policy 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 flying private jet charter, jet cards, or other fractional ownership programs and experience the benefits of jet ownership, without the headaches. 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. After completing the CAPTCHA below, you will immediately regain access to the site again. Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. Safety and security are essential traveling companions. You're a power user moving through this website with super-human speed. You've disabled JavaScript in your web browser. Knowledgeable. "Now, new Vision Jet owners can simply arrive and fly. This is because lenders have fewer opportunities to get full collateral interest on these loans. Upon your return, access to your personally owned vehicle will be waiting for you. Welcome to the Intelligent Private Flying Solution. The NBAA Business Aviation Taxes Seminar provides a comprehensive understanding of how the appropriate tax laws and regulations apply exclusively to business aviation operators. 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 fractional aircraft ownership model is becoming increasingly popular with both leisure and business travelers. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Will my direct operating cost per hour increase as my hours purchased increases? Thank you. 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. Clients interested in fractional aircraft ownership have a wide variety of aircraft types to choose from. 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. Also, my friends who flew my plane, posted comments which helped a great deal as people viewing my listing got a sense of my plane (and me) before meeting me. Equity Residences: Beach Home - Marathon Key, Florida. 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. April 30 - May 2, 2024. . I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. WORKING HOURS. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . People Also Ask (PAA) Aircraft listing and Share Liquidity. 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! Download the rule as it appeared in the Federal Register (404 KB, PDF) Every six months, our pilots are trained by highly qualified and experienced instructors, using advanced-technology flight simulators and integrated training systems to help ensure their proficiency and safety. Engine 1 Maintenance Program: Other. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft by an aircraft management company. 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. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. 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. 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. What are the costs associated with fractional plane ownership? With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. 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. flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Professional. As you were browsing something about your browser made us think you were a bot. 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. 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. The latest news from the world of private aviation. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. 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. What are the key considerations for fractional jet ownership? Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. 2013 Daher Kodiak 100 available for 50% co-ownership.Total Time: 1,200Engine Hours: 1,200Propeller Hours: 1,200PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. After completing the CAPTCHA below, you will immediately regain access to the site again. Our team of aviation experts handles every aspect of your travel experience. Is Fractional Ownership the Right Choice for You? 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. 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. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. Phone: +1 630-253-5659. 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. . 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. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. You're a power user moving through this website with super-human speed. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. 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 Monthly maintenance fee: These will be charged to each. 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. Jet Aircraft Immediate Availability! What are the benefits of fractional aircraft ownership? The 2024 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. PIPER CHEROKEE $33,000 FRACTIONAL OWNERSHIP OFFERED 1969 PA28-140. It made the difference in my flying! What documents do I need to sign when I purchase a fractional jet ownership share? 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! 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. 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. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. If you want to see how fractional aircraft options fit into the . Aircraft partnerships (AKA Fractional Aircraft Ownerships). The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. Private aviation offers numerous benefits, but each service option comes with its pros and cons. Choose generous interchange bonuses on . $157,500 per share - Fractional Home. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. 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