Other programs offer share sizes based on annual days of utilization per contract year. . 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. Think of them as your personal concierge. The PlaneSense program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two of the most sought-after, advanced aircraft in the world. What is the maximum fractional jet ownership share size? Consequently, our Direct Operating Charges are the lowest you will find. But much like Fractional Ownership, you enjoy access to our entire closed fleet through our unique interchange program. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. 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. Tue -- 9:00 am - 5.00 pm. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. Essex Aviation is not a brokerage firm and does not list aircraft for sale. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. 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. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. During the 1990s the growth of fractional ownership programs was substantial. Making the perfect partnership work perfectly. Thank you. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. 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. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the 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. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Two Owners. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. 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. I really liked the fact that I could ask for exactly who I wanted. Financial Considerations: Is Fractional Ownership the Right Choice for You? Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. 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 average price per hour varies slightly depending on exact aircraft configuration and operating costs. 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. Your contract will include a set number of overnights with no daily minimums for the overnights you select. Fractional ownership is basically a partnership with multiple buyers at the corporate level. We have your aircraft ready for you today! Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Practical. Is Fractional Ownership the Right Choice for You? 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. "Now, new Vision Jet owners can simply arrive and fly. Their process was comprehensive and thorough. Half the Cost.Oppo. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. Call us now at 407-923-2336 to learn more about SkyShare USA. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? You're a power user moving through this website with super-human speed. 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. 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. Private access to esteemed sporting, philanthropic, social, and educational events. 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. A portion of a share purchase can be sold back to the provider at the end of the contract. We understand that travel flexibility is vital to our owners. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. The frontier of travel where innovation meets aviation. Total Time: 320.0. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. Will my management fee increase as my hours purchased increases? Jet Aircraft Immediate Availability! Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. 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 For fractional share airplanes in Orlando, FL, browse our . We are committed to protecting the privacy of our clients. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. There is no other jet card or fractional jet share solution that can match it. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. One of the main motivators for a fractional purchase is the ability to share the . Own Fractional Shares of a Jet If you fly at least 50 hours a year, you might be financially better off buying fractional shares of a jet. 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. 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. We realize plans change, but experiences shouldnt. Fractional ownership Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. What documents do I need to sign when I purchase a fractional jet ownership share? A typical one way trip for 5-8 people from Florida The expertise of Essex allowed us to understand more fully our flight metrics, history, costs and how to match our future aviation needs with available options in a way that would not have been possible on our own., Throughout my career as a family office executive, Essex Aviation has been my go to aviation expert. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. 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. lowest fractional aircraft program share costs, Less hassle than whole aircraft ownership, Best Jet Ownership Fractional Program In The Industry, Contact Us & See How We Can Save You Money On A Private Aviation Solution. For those new to private aviation, or those simply looking to make a change, the initial evaluation of the various private aircraft programs is an important step made easier by working with Essex Aviation. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. See how companies of all sizes use aircraft to help their businesses succeed. 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. With our new Global Access Program, we unveil an industry first: dynamic pricing. 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. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. This feature increases the availability to all owners. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. 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. 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. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. The SMA Network can help you find the perfect fractional situation where you can enjoy all the benefits of true plane ownership, but without the full costs associated with owning and maintaining a plane alone! 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. Up to date maintenance and is always kept in a hangar when not in use. 1/2 Fractional Ownership: Call For Availability. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. 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. Partners in Aviation. It was so easy to use - I loved making and posting a flyer. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. The NBAA Business Aviation Taxes Seminar provides a comprehensive understanding of how the appropriate tax laws and regulations apply exclusively to business aviation operators. Why spend millions when you can have the performance and comfort at a fraction of the price. However, figuring out the true cost of flight hours can be tricky. Lifestyle and educational content that brings our brand of aviation to life. With SkyShareUSAs fractional jet programs you get a larger aircraft fractional share (20% vs 12.5%) with a comparable or less fixed monthly expense and reduced direct operating cost which makes us the best deal on the market for fractional jet ownership! . You must use one aircraft for all missions, with no simultaneous use option or ability to upgrade or downgrade. Fractional ownership allows the purchaser to own a slice of a specific aircraft (typically between one sixteenth and one half) through a fractional share provider who will guarantee supply of an aircraft as needed, either your plane or a comparable one. 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. 1/2 ownership.160hp GNC355 Full IFR. Gulfstream G650 Access Programs. People Also Ask (PAA) 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.