Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. Find out whether a membership/card program, charter, fractional or dedicated aircraft model is right for you and how a private aviation consultant can help you make an informed decision in this free eBook. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. Compare. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. 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. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. Thank you. Have breakfast in the mountains. Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. For career questions, emailcareers@planesense.com. With the SMA Network you can find the perfect pilot (up to 4 without changing your insurance) to rent your plane hourly. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. With the SMA Network, your plane can earn you income while they fly and keep it maintained. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Attend EBACE2024 to experience new and future-forward aviation technologies including high-tech small aircraft, ultra-modern intercontinental jets, advanced air mobility and eVTOL aircraft, state-of-the-art avionics and much more. You've disabled JavaScript in your web browser. We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. Request Information. Monthly maintenance fee: These will be charged to each. Aircraft Location: South Florida, Florida, USA. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. We accept no commissions, referral fees or any other forms of compensation from any third parties. Passionate about aviation since they were in their teens, Lee and Tom provide a unique combination of experience and a wealth of unparalleled knowledge while advocating for their clients interests. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. Private access to esteemed sporting, philanthropic, social, and educational events. 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. 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. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. Jet Card. From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. The NBAA Business Aviation Taxes Seminar provides a comprehensive understanding of how the appropriate tax laws and regulations apply exclusively to business aviation operators. Our elite team of aviation experts handles every detail, from trip planning to maintenance. 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. 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. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. DiamondShare Availability. 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. . 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. What is Fractional Aircraft Ownership? If your aircraft type doesn't suit you for . A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. Let us help you reduce the expense of ownership! 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. Although it is possible to exceed your yearly allocation by borrowing against the next years allotted hours, each fractional plane ownership company has different restrictions concerning this practice. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. What is the length of commitment for fractional aircraft ownership? This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. . Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the We have your aircraft ready for you today! When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. The transactions had several challenging issues that required expert counseling and negotiation. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. Essex Aviation is not a brokerage firm and does not list aircraft for sale. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. 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. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. A preferred solution for supplemental options and/or avoiding upfront capital investment. With our new Global Access Program, we unveil an industry first: dynamic pricing. term of 60 months Min. Unique to Flexjet, Versatility Plus allows you to customize your annual flight hours to align with the actual number of flight hours you need each year. This is based on an hourly rate and your flight hours are billed monthly. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Total Time: 2,945 Engine #1: 2,945 Engine #2: 2,945 Engines enrolled on Williams Tap Blue Deferred Tamarack Winglets PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. High/Low/Average 1 . 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 . After completing the CAPTCHA below, you will immediately regain access to the site again. What is the maximum fractional jet ownership share size? We are committed to protecting the privacy of our clients. However, SkyShareUSA has a program to offset repositioning charges for owners. 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. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. 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. Asset purchase - this upfront cost covers your share of the aircraft. As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Size Rankings 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. Is Fractional Ownership the Right Choice for You? Tue -- 9:00 am - 5.00 pm. $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 Will I have the same crew for each flight? Obsessive attention to detail ensures efficient and accurate logistics with around the clock service. Jet Aircraft Immediate Availability! 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. With operating costs from $699/hr. No worries or additional costs. Additional information is available in this. This economically efficient option can provide significant savings. With one call or online booking, our full-service concierge team takes care of the rest. 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. Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs, Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . + 1.877.356.5823 Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Quite possibly we have the solution that will not break the bank. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. 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! Safety and security are essential traveling companions. With SkyShareUSA, these fees can be completely ELIMINATED. Inquire for full details and photos. April 30 - May 2, 2024. . 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