Registration #: N245WB. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. 212.0597. 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. 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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. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. For career opportunities and questions, please go to our careers section. SMA can walk you through how to start, run and grow your business. 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. Download the rule as it appeared in the Federal Register (404 KB, PDF) After an exhaustive search of available aircraft, they represented me on the acquisition, negotiation and importation of a long range aircraft and then oversaw a comprehensive customization of the entire plane. Please feel free to give us a call at 407-923-2336 to discuss what options are available. Let us help you reduce the expense of ownership! info@floridaflightcenter.com. Part of Mathews solution, through the AAP business model, is to offer affordable and flexible shared ownership, where buyers can purchase a quarter, eighth, or even a sixteenth share in a brand new advanced light sport model. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. Your allocation of hours is dependent upon how much of the jet you own. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. KEMT - San Gabriel Valley Airport 2023 ShareMyAircraft.com All Rights Reserved | Consequently, our Direct Operating Charges are the lowest you will find. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. 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. Financial Considerations: Is Fractional Ownership the Right Choice for You? SkyShareUSAs program is simple, efficient, and transparent. The best part is at the end of your five years of aircraft fractional ownership, SkyShareUSA will resell your jet and distribute the proceeds to all owners. For fractional share airplanes in Orlando, FL, browse our . Located at the magnificent Palexpo in Geneva, Switzerland and the Geneva International Airport, EBACE2023 will be the place to engage with companies that are paving a new way in the business aviation marketplace. Why spend millions when you can have the performance and comfort at a fraction of the price. Practical. The PlaneSense Fractional Program. Share ownership in $2M - $4M vacation properties with one low investment. Planning for the teams future is one of a leaders most important responsibilities. 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 Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. There are, at present, two options when purchasing a fractional share. Total Time: 0. There is a significant amount of paperwork involved when purchasing a fractional jet ownership share but the primary documents youll sign are a purchase agreement, a management agreement, an ownership agreement and a dry lease exchange agreement. Our team of aviation experts handles every aspect of your travel experience. Follow our press to stay current on all aviation media releases. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . What is the length of commitment for fractional aircraft ownership? "Now, new Vision Jet owners can simply arrive and fly. 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. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. If you ever fly on a non-Flexjet program aircraft for more than five percent of your annual allocated hours, we will credit hours back to your account. 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. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. During the 1990s the growth of fractional ownership programs was substantial. Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. Gulfstream G650 Access Programs. Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. Quite possibly we have the solution that will not break the bank. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. 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. 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. 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. You're a power user moving through this website with super-human speed. 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. Co-ownership allows for costs to be shared among multiple owners, which instantly reduces fixed costs by 50% or more, depending on the number of owners. 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. This article gives an overview of the agreements and documents you will sign as a fractional owner. All staffing and maintenance are included, with all work performed in-house. Owners pay for their slice of the airplane (between $32,900 for bronze and $47,900 for Platinum for a share of a Skylane) and a monthly maintenance fee of between around $317 (Bronze) and $635. 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. 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. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. Contact us today to become a fractional owner and lets start your journey. 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. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. REQUEST MORE INFORMATION. Get email alerts when a new share has been posted to your favorite airports! SMA is creating The Destination to help Professional Pilots get more exposure and opportunities to fly and earn more. 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. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Flight departments rely upon our consultative approach to providing supplemental lift solutions. 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. 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. 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. By using our facilities and our own Certified Technicians, we save millions of dollars over time, and we pass these savings on to our owners. 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. . 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. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. 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. Privacy Policy Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. DiamondShare Opportunity. Services; Co-Ownership Vs. Partnership; . If youre interested in elevating your career to the next level, look no further than SDC2025. Call us now at 407-923-2336 to learn more about SkyShare USA. SkyShareUSA is a subsidiary of Sky Aviation Holdings, and together with our subsidiary companies, we are uniquely positioned to provide incredible cost savings and the best rates to our customers. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. Fractional Share is a term used for fractional ownership of an aircraft where multiple owners share the costs of purchasing, leasing and operating the aircraft. 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. Fractional Jet Ownership Unprecedented Access to Private Air Travel. Print Share. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. But much like Fractional Ownership, you enjoy access to our entire closed fleet through our unique interchange program. Jet Aircraft Immediate Availability! 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. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. Will my direct operating cost per hour increase as my hours purchased increases? Fractional Ownership Aircraft Charter Interchange Agreements Aircraft Leasing Time Sharing Agreements Reimbursement For Owner-Pilots NBAA's Small Aircraft Exemption Operational Control Aircraft Registration & Transactions Aircraft Transactions Guide Ethical Business Aviation Transactions Exporting Aircraft from the United States 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. You're a power user moving through this website with super-human speed. 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. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. This is based on an hourly rate and your flight hours are billed monthly. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. 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. Additional information is available in this. Additional information is available in this. Number of Seats: 2. Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. Am I able to fly over my allotted hours for the year? See how companies of all sizes use aircraft to help their businesses succeed. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. This feature increases the availability to all owners. 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. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. With fractional, there are minimum and maximum contract periods. Do fractional aircraft ownership shares have residual resale value? Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. Is Fractional Ownership the Right Choice for You? With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. 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. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Aviation experts handles every aspect of your choice to premium amenity options hours jet shares for luxury travel exclusive. 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