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. Again, Essex Aviation encourages all prospective clients to seek tax counsel for more information. 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 A preferred solution for supplemental options and/or avoiding upfront capital investment. Number of Seats: 2. Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . 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. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. $7,500 FORANE , Sep 25, 2022 Replies: 2 Views: 955 Dana Oct 8, 2022 For Sale: Aircraft 1972 Bellanca Super Viking (300hp) ($85k) bradg33 , Oct 3, 2022 Replies: 7 Views: 794 Arnold Oct 6, 2022 Wanted: Partnership Seeking Sacramento area partnership juansg , Jan 20, 2020 Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . With fractional aircraft ownership, you purchase a share of a specific aircraft type to be utilized for a defined number of annual allotted flight hours. Our elite team of aviation experts handles every detail, from trip planning to maintenance. Imagine the Fun you can have with this plane. Your allocation of hours is dependent upon how much of the jet you own. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. 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. Is fractional jet ownership the same thing as a timeshare? Knowledgeable. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. A portion of a share purchase can be sold back to the provider at the end of the contract. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. Follow our press to stay current on all aviation media releases. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. 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. Interior recently restored in beautiful cream with gray accents. 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. 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. 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. Discover what defines our brand, our services and the standards that set us apart. Will my direct operating cost per hour increase as my hours purchased increases? Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. term of 30 months. 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. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. You've disabled cookies in your web browser. Below youll find just a few of the benefits of purchasing a Flexjet fractional share. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. FL 33547 United States Telephone: . Instead, fractional jet ownership falls under FAR 91 Sub Part K. Fractional owners are not responsible for employing pilots, cabin crew and flight operations coordinators or administering maintenance. Equity Residences: Beach Home - Marathon Key, Florida. 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. This feature increases the availability to all owners. By submitting the form, you consent to such processing. 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. That slice of an SR22 pie costs $71,900, with a $760 monthly management fee and hourly operating cost, including the current fuel price adjustment, of around $90 per hour. 2001 and 2002 Cessna Citation 560 XL aircraft 1/3 ownership for sale in Fort Lauderdale, FL professionally managed, professionally flown, aircraft are on engine programs, aircraft will be operated . 1 opening available. 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. With the SMA Network you can find the perfect pilot (up to 4 without changing your insurance) to rent your plane hourly. What documents do I need to sign when I purchase a fractional jet ownership share? Every pilot is type-rated in their assigned aircraft. 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. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. One of the main motivators for a fractional purchase is the ability to share the . Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. If your aircraft type doesn't suit you for . Request Information. 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. April 30 - May 2, 2024. . Get answers to frequently asked questions about fractional ownership. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). Competent. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Total Time: 320.0. Size Rankings See how companies of all sizes use aircraft to help their businesses succeed. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Request Information Flexjet Lease Components Flexjet offers a wide range of private travel options, including jet leasing. 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. Candid. From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. 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. Why rent or lease, when you can fractionally own? Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. With the purchase of a Citation CJ3+ fra.See More Details Serial Number 525B-0607 Total Time 515 Number of Seats 8 Year Interior 2020 flyExclusive Fractional Collaborations with likeminded brands that offer one-of-a-kind experiences and products. You enjoy all the benefits of your private jet, while we handle the rest! "Now, new Vision Jet owners can simply arrive and fly. 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. Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. DiamondShare Availability. How many people do I typically travel with? Flexjet is proud to offer private helicopter fractional, lease, and charter programs. 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. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Get paid and be a trusted source to help manage aircraft for owners. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? For career questions, emailcareers@planesense.com. Thank you. Practical. We are committed to protecting the privacy of our clients. The 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. 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. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. Usage. Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. 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! 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. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. FlightRules: IFR Enter a world of exceptional experiences designed to emulate whole aircraft ownership. 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. Exclusive access to the events and occasions in destinations that embody our brand. 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. $157,500 per share - Fractional Home. Aircraft For Fractional Ownership 1 - 25 of 65 Listings. 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