airplane fractional ownership florida

The Second Cost Basis is one low, monthly Fixed Monthly Fee that covers all expenses such as aircraft management, crew, insurance, hangar rental, cleaning, and more. You've disabled JavaScript in your web browser. $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 With the SMA Network you can find the perfect pilot (up to 4 without changing your insurance) to rent your plane hourly. Aircraft Sales Advertising and marketing to assist with aircraft share liquidity to transfer ownership to new owners for a 1% filing and transaction fee in addition a monthly membership plan. Am I able to fly over my allotted hours for the year? After an exhaustive search of available aircraft, they represented me on the acquisition, negotiation and importation of a long range aircraft and then oversaw a comprehensive customization of the entire plane. Choose generous interchange bonuses on . Fractional Jet Ownership Unprecedented Access to Private Air Travel. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Essex Aviation recommends that all prospective clients consult an aviation tax advisor and tax attorney prior to purchase. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare Call us now at 407-923-2336 to learn more about SkyShare USA. See below how our pricing for a particular aircraft stacks up against major industry competitors. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. Fractional aircraft share programs are long-lasting relationships. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. Up to date maintenance and is always kept in a hangar when not in use. Thank you. For career opportunities and questions, please go to our careers section. Amid a backdrop of personal and business flight options in the form of aircraft timeshare, jet cards, jet membership programs, and aircraft charter or the high cost of whole aircraft ownership, the, Contact us for your customized private flying solution. 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. 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. With operating costs from $699/hr. Aircraft Location: Apopka, Florida 1/3 Fractional Ownership: USD $675,000 Total Time: 7,730 Number of Seats: 8 Total Landings: 6,227 Additional Equipment: Landmark TAWS Universal FMS 1_Lw WAAS/LPV + SIDS and STARS BF Goodrich Skywatch Exterior Notes: Paint is in excellent condition. You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. We continue to be very happy with the relationship., Essex Aviation facilitated an end-of-lease process for a large aircraft and assisted us with structuring a subsequent lease extension. With the SMA Network you can more easily find partners or renters that fit your comfort level and help you reduce your ownership or operating costs, or both. Saint Charles, Illinois, USA. Will my fractional jet ownership share be subject to state sales tax and state use tax? More details to come! Get paid and be a trusted source to help manage aircraft for owners. Half the Cost.Oppo. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. You enjoy all the benefits of your private jet, while we handle the rest! Flexjet private jet leasing options begin at 50 annual hours. Welcome to the Intelligent Private Flying Solution. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. Essex Aviation is not a brokerage firm and does not list aircraft for sale. During the 1990s the growth of fractional ownership programs was substantial. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. After your aircraft share purchase, there are two bills: one monthly fee for fixed monthly expenses, and second for the number of hours you fly. FL 33547 United States Telephone: . 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. Print Share. With straightforward terms, transparent costs, and unrivaled personal attention before, during, and after your purchase with us, we provide the most affordable, cost-effective fractional aircraft ownership program on the market. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. 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. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. There is no other jet card or fractional jet share solution that can match it. Aircraft is always hangered. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Tax Cap - Fractional Aircraft Ownership Effective Date: July 1, 2010 Statute Reference: Sections 212.02(34), 212.08(7)(hhh), and 212.0597, F.S. The Pilatus PC-12 Fractional Ownership Program | PlaneSense Pilatus PC-12 Turboprop The Pilatus PC-12 has been an integral part of the PlaneSense fleet since 1995, giving the team more operational experience than any other program. Safety and security are essential traveling companions. Aircraft listing and Share Liquidity. Traditional share sizes are based on annual flight hours per contract, per year. As you were browsing something about your browser made us think you were a bot. 1999 Cessna Citation Jet available for 50% co-ownership. 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. 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. We utilize our own certified maintenance facilities and highly trained staff to keep our all services in-house, keeping our operating costs to a minimum. 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! 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. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. With fractional, your upfront capital deployment is much smaller while your annual operating are significantly lower. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. Professional. It is our desire to form and maintain long-term relationships with our clients and remain accountable for the analysis and support of past and ongoing decisions. Equity Fund, Shared Ownership. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. With the SMA Network, your plane can earn you income while they fly and keep it maintained. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. 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. Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. 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! 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. Making the perfect partnership work perfectly. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. But what is fractional aircraft ownership? What is Fractional Aircraft Ownership? How many people do I typically travel with? Responsive. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. 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. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. Maximum tax on fractional aircraft ownership interests.The maximum tax imposed under this chapter, including any discretionary sales surtax under s. 212.055, is limited to $300 on the sale or use in this state of a fractional ownership interest in aircraft pursuant to a fractional aircraft ownership program. Each level of ownership entitles includes a percentage of the 800 flight hours available per year on each aircraft. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Most people equate this to a timeshare. What are the costs associated with fractional plane ownership? We eliminate repositioning and empty leg fees for travelers that are able to plan travel ahead of time. Our team of aviation experts handles every trip detail, from catering to maintenance; all you have to do is tell us where youre going and when you want to leave. Gulfstream G650 Access Programs. Quite possibly we have the solution that will not break the bank. 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. Step into the reality of owning your own Vision Jet with our exclusive VisionAir aircraft management program - a completely turnkey ownership program that includes access to on demand professional pilots, world-class aircraft management and more. Florida Fractional Club puts a New Spin on the ConceptThe 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.To spice things up, in addition to the flybridge motoryacht, Florida . The transactions had several challenging issues that required expert counseling and negotiation. Hangared in Venice FL. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. . Granting you the ability to "right-size" your jet to fit each trip. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. It was easy to request this. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . FL 34243, United States +19413763500 +19542901357. Lifestyle and educational content that brings our brand of aviation to life. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Leave all the hassles and worries to us. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . Additional information is available in this. Co-Ownership Support, Legal Docs, help with insurance, financing etc. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. This ensures you are provided with flights, when and where you need them, highly trained pilots, safe and reliable aircraft, flexibility, and exceptional customer service at a competitive cost, saving you valuable time and money. Let us help you reduce the expense of ownership! SkyShare USA was founded on the idea that jet ownership can be simple and affordable. 1/2 Fractional Ownership: Call For Availability. 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). Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. 212.0597. The magic begins the moment you step onboard our aircraft. Discover a DiamondShare near you. Your allocation of hours is dependent upon how much of the jet you own. Is fractional jet ownership the same thing as a timeshare? Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. 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. Request Information. Upon your return, access to your personally owned vehicle will be waiting for you. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 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. This means all parties involved share both the use of the aircraft and the associated ownership costs. There are, at present, two options when purchasing a fractional share. 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. Our team will assist you with filing initial . A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. Once the client has selected a provider, Essex will provide ongoing representation during the review, including the negotiation of terms, final contracting and closing on the share. All staffing and maintenance are included, with all work performed in-house. Fractional ownership ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Fractional ownership can start to make sense if you fly more than 50 hours a year. Share ownership in $2M - $4M vacation properties with one low investment. Tax and Financing Ramifications of Fractional Aircraft Ownership, Managing Aircraft Fractional Ownership Under FAR Part 91, Subpart K: Ten Reasons Not To Charter, Fractional Ownership: Understanding the Insurance, Operator and Management Company Responsibilities: Business Effects of Adoption of Part 91, Subpart K, Download the notice as it appeared in the Federal Register, Download the rule as it appeared in the Federal Register, Fractional Ownership Aviation Rulemaking Committee, Fractional Aircraft Ownership Grows As Added Programs Drive Value Perception, NBAAs Frequently Asked Questions About Fractional Ownership.

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