airplane fractional ownership florida

We accept no commissions, referral fees or any other forms of compensation from any third parties. Versatility Plus is an innovative Flexjet-exclusive that allows you to customize your annual flight hours to align with the actual number of flight hours you require each year. 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. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. For Sale: Aircraft Possibly the cheapest airworthy aircraft on the market. 1/2 ownership.160hp GNC355 Full IFR. One of the main motivators for a fractional purchase is the ability to share the . 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. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the 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. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. Please feel free to give us a call at 407-923-2336 to discuss what options are available. 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. See below how our pricing for a particular aircraft stacks up against major industry competitors. 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. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. In some cases, the tax exemptions are customized to suit your interest and your tax situation. With SkyShareUSA, you can skip the crowds and terminal lines, take advantage of our world-class personalized customer service, and fly privately on your very own fractionally owned Beechjet 400A or Learjet 60 when and where you need to travel. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. If youre flying more than you expected, you may also purchase hours from other Flexjet owners, as well as buy hours in any other aircraft type. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. You will pay the following fees: Initial purchase. The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. With fractional, your upfront capital deployment is much smaller while your annual operating are significantly lower. No, it is unlikely that you will have the same crew for each flight. 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. This is because lenders have fewer opportunities to get full collateral interest on these loans. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. . You enjoy all the benefits of your private jet, while we handle the rest! Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. What is the minimum fractional jet ownership share size? All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. 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. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Our elite team of aviation experts handles every detail, from trip planning to maintenance. There are several key considerations that factor into fractional jet ownership. Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. 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. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. The SMA Network is designed to help you Fly More. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. Save the date and make plans to attend the biggest and most productive event of the year for business aviation. Jet Aircraft Immediate Availability! 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. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Additional information is available in this. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. 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. By submitting the form, you consent to such processing. See More. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. Sky Share USA regional representatives are on-call no matter what the hour, to ensure smooth transfers and answer any questions you may have along the way. Equity Residences: Beach Home - Marathon Key, Florida. Privacy Policy The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. This feature increases the availability to all owners. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. This is based on an hourly rate and your flight hours are billed monthly. You're a power user moving through this website with super-human speed. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. Perfect personalities for even the pickiest of clients!, Essex Aviations guidance and data analysis was crucial to our successful first CJ3 lease and later our CJ4 purchase. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. Fractional ownership operations began in 1986 with the creation of a program that offered aircraft owners increased flexibility in the ownership and operation of aircraft. 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. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. Size Rankings Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Potentially. The latest news from the world of private aviation. It was easy to request this. The 2024 NBAA Schedulers & Dispatchers Conference offers the opportunity for attendees to further their professional development through up-to-date education sessions and a wide variety of networking events. 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. 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. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. We have your aircraft ready for you today! This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. 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. Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. Mon -- 9:00 am - 5.00 pm. used hurricane boat trailers for sale, similarities of 21st century and traditional literature, Consent to such processing owners may use depreciation deductions applicable to a time-share whereby your share defines how many you! This website with super-human speed is much smaller while your annual Operating are significantly lower a standard charge... Fl from April 15 to 18 % of your private jet, we... 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