But is leasing right for you? Fractional ownership 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. 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. We eliminate repositioning and empty leg fees for travelers that are able to plan travel ahead of time. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. 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. Save the date and make plans to attend the biggest and most productive event of the year for business aviation. Am I A Good Fit? The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. . 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. Uniquely, our fractional program is the only program that offers unlimited hours, unlimited days and a revenue share. 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. 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 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). What is the minimum fractional jet ownership share size? Equity Residences: Beach Home - Marathon Key, Florida. The AAP model is said to represent hassle-free, turnkey . We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . A preferred solution for supplemental options and/or avoiding upfront capital investment. A solid plan makes it easier to navigate todays uncertain world and when priorities change or a crisis happens, a well-crafted plan will help keep the team on track. Inquire for full details and photos. SkyShare USA was founded on the idea that jet ownership can be simple and affordable. Two Owners. The SMA Network allows you to increase visibility to area pilots while SMA Strategies will help you align expectations and help fulfill your needs in a partnership. Designed for those who fly 50 or more hours per year, fractional ownership provides access to multiple cabin sizes equipped for a variety of needs and mission types. 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. Additional information is available in this. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. Follow our press to stay current on all aviation media releases. 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. A preferred solution for supplemental options and/or avoiding upfront capital investment. Step into the reality of owning your own Vision Jet with our exclusive VisionAir aircraft management program - a completely turnkey ownership program that includes access to on demand professional pilots, world-class aircraft management and more. Private access to esteemed sporting, philanthropic, social, and educational events. No. For career opportunities and questions, please go to our careers section. Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. 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. Most people equate this to a timeshare. Whatever your private aviation needs may be, we have the solution. 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. Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. 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. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. Included is our guarantee to cover 100% of all maintenance. 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. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. Will my fractional jet ownership share be subject to state sales tax and state use tax? Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. How much does fractional aircraft ownership cost? 2024 NBAA Maintenance Conference . 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. Aircraft listing and Share Liquidity. 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. But his concept is more than just an affordable buy-in. 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. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. 1/2 Fractional Ownership: Call For Availability. You will pay the following fees: Initial purchase. flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. VisionAir is a total ownership solution that goes beyond fractional ownership and charter services to offer full ownership, which means extended privacy and a consistent world-class experience. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Do I predominately fly for personal or business reasons? Their process was comprehensive and thorough. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Asset purchase - this upfront cost covers your share of the aircraft. Call Listing Broker Scott MacDonald Toll Free8882804900 . Monthly maintenance fee: These will be charged to each. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. 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. This article gives an overview of the agreements and documents you will sign as a fractional owner. Up to date maintenance and is always kept in a hangar when not in use. We are committed to protecting the privacy of our clients. 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 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. In fact, you may never fly in your own aircraft. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. 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. 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. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. There are, at present, two options when purchasing a fractional share. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. 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. 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. You're a power user moving through this website with super-human speed. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. NBAAs 2023 White Plains Regional Forum will bring current and prospective business aircraft owners, operators, manufacturers, customers and other industry personnel together for a one-day event. Leasing. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. 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. 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. The PlaneSense Fractional Program. Financial Considerations: Is Fractional Ownership the Right Choice for You? Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. Engine 1 Maintenance Program: Other. April 30 - May 2, 2024. . KEMT - San Gabriel Valley Airport A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. There is no other jet card or fractional jet share solution that can match it. If youre interested in elevating your career to the next level, look no further than SDC2025. We utilize our own certified maintenance facilities and highly trained staff to keep our all services in-house, keeping our operating costs to a minimum. FL 34243, United States +19413763500 +19542901357. 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. The fractional aircraft operators in North America flew over 833,000 hours in 2022. . As you were browsing something about your browser made us think you were a bot. 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. 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. 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