. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. 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. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Equity Fund, Shared Ownership. $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 The frontier of travel where innovation meets aviation. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Half the Cost.Oppo. Maybe. Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Usage. The aircraft owners participating in the program agreed not only to share their own aircraft with others having a shared interest in that aircraft, but also to lease their aircraft to other owners in the program (dry lease exchange program). The user is allowed 75-100 hours of usage per calendar year. For career questions, emailcareers@planesense.com. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. Private aviation offers numerous benefits, but each service option comes with its pros and cons. 1999 Cessna Citation Jet available for 50% co-ownership. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. 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. With fractional, there are minimum and maximum contract periods. Leasing. KEMT - San Gabriel Valley Airport As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. Lee and Tom are key partners in all aspects of family office aviation matters., John Castrucci, Family Office Executive & Founder, I engaged Essex Aviation to prepare an analysis of large cabin aircraft that best met my needs. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. This economically efficient option can provide significant savings. 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. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. Collaborations with likeminded brands that offer one-of-a-kind experiences and products. 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 Flexjet is proud to offer private helicopter fractional, lease, and charter programs. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. 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. + 1.877.356.5823 With fractional, your upfront capital deployment is much smaller while your annual operating are significantly lower. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Practical. EBACE2026 will bring together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. What is Fractional Aircraft Ownership? What is the maximum fractional jet ownership share size? Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. As some of the most rigorously flight-trained and experienced pilots in the industry, the pilots of SkyShareUSA's fleet exceed the highest levels of professionalism, proficiency, and flying expertise required by the Federal Aviation Regulations, Part 135. 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. If youre interested in elevating your career to the next level, look no further than SDC2025. Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. NBAAs 2023 White Plains Regional Forum will bring current and prospective business aircraft owners, operators, manufacturers, customers and other industry personnel together for a one-day event. Additional information is available in this. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. Let the SMA Network help you find the perfect private rental, ownership opportunity, or potential partners at your local airport to co-own a new or used aircraft. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Informed. This is based on an hourly rate and your flight hours are billed monthly. Engine 1 Maintenance Program: Other. 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. After completing the CAPTCHA below, you will immediately regain access to the site again. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. All staffing and maintenance are included, with all work performed in-house. But what is fractional aircraft ownership? With sufficient notice before the flight time of your trip, SkyShareUSA can eliminate these charges to fractional owners with no management fee or other costs involved. But if you fly a lot, these programs cost less per hour. 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. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. In fact, you may never fly in your own aircraft. With one call or online booking, our full-service concierge team takes care of the rest. 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. Yes, your management fee will increase if you increase your size of share purchased. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. The FAA's final rule "Regulation of Fractional Aircraft Ownership Programs and On-Demand Operations" sets regulatory standards for fractional ownership operations (Part 91, Subpart K) and updates requirements for on-demand charter operations (Part 135). But is leasing right for you? . Tax Benefits are available from fractional jet ownership as depreciation deductions. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Am I able to fly over my allotted hours for the year? Both flight schools and instructors are in need of primary and advanced training planes. 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. Fractional ownership is basically a partnership with multiple buyers at the corporate level. Is fractional jet ownership the same thing as a timeshare? PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. 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. The 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. Every six months, our pilots are trained by highly qualified and experienced instructors, using advanced-technology flight simulators and integrated training systems to help ensure their proficiency and safety. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft by an aircraft management company. The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. The latest news from the world of private aviation. Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. Call us now at 407-923-2336 to learn more about SkyShare USA. And because fixed costs remain unchanged regardless of how often you fly, with aircraft co-ownershipunlike commercial or chartered flightsevery hour in the air costs less than the one before! 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 Fractional aircraft share programs are long-lasting relationships. Registration #: N245WB. 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 private jet charter, jet cards, or other fractional ownership programs and experience the benefits of jet ownership, without the headaches. The program provider also handles the day-to-day responsibility of paying airport and hangar fees and insurance, although fractional owners contribute an agreed-to monthly and hourly fees toward these costs.

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