Fractional Ownership Advantages: 1. Private Jet Quotes Login to receive quotes It is essentially the purchase of a “fraction” of an aircraft from a company which owns, manages and operates the plane. Fractional aircraft ownership programs guarantee availability, some requiring as little as 8 hours’ notice. In 2002 we were pioneers in domestic Fractional Ownership. Jet Card A preferred solution for supplemental options and/or avoiding upfront capital investment. Saveene Fractional offer you an opportunity to co own a luxury yacht or a jet, fully managed and maintained. Fractional ownership can make sense if you need at least 50 flight hours per year in one category of aircraft. The amount lost to depreciation will be $1,375,000 during the term. You invest in a private jet, with guaranteed access whenever you need it, fuelled-up and ready to go, with as little as 8 hours’ notice. SuperMid Jet Fractional Ownership Programs. Fractional Ownership. Fractional ownership has three cost components: The cost of buying your share of the aircraft A monthly management fee charged during the term of your contract (typically 3–5 years) regardless of how much you fly... An hourly rate for your actual … Whole Aircraft Ownership Cost Structure Model. CALL US NOW TO ARRANGE A CHAT. At only $1,600 per flight hour, imagine the places you’ll go. Fractional Jet Ownership vs. Registration is FREE! That’s of course after you buy your fractional share of the $5.25 million private jet, which Jet It tells TPG starts at $600,000 for US-based customers. The average flying costs of fractional ownership are usually much higher, compared to chartering a plane or even wholly owning a jet. Min Flight Leg: 1 hrs. If you’re not quite ready for full jet ownership, Navair also runs a fractional jet ownership service, with a range of ownership options depending on how often and how far you fly, there is sure to be an option for you. Is fractional ownership a timeshare? Fractional ownership is one of the oldest methods of sharing aircraft ownership and is used commonly in the corporate environment and involving jet aircraft. Fractional Jet Ownership. We have since grown and established ourselves as leaders in shaping the concept of shared ownership and use of a business jet – one owner at a time. For all shares the occupied hourly rate is just $1,600. The jet and the pilots need somewhere to go during that time. Direct Hourly Costs: $3,223 Monthly Management Fee: $13,738 Acquisition Cost: $1,068,750 Term: 2.5 years Annual Hours: 50 hrs. Fractional Jet Ownership through Jet-Share. Fractional Ownership is the perfect solution. Commercial programs for large aircraft include NetJets, Flexjet, PlaneSense, and AirSprint.. With fractional jets, customers (referred to as "owners") buy a "share" of an aircraft, rather than an entire aircraft. Fractional Jet Ownership vs. Our fractional shares program is simple. Our premier fractional aircraft ownership opportunity includes a Learjet 475JT. fractional ownership Our concept of fractional ownership is simple: you invest in a portion of an airplane, and a simple monthly all-in price, in return for a number of hours of flying time. Updated 2014. You get the benefits of owning an aircraft without the hassle. For the smallest 10% ownership Jet 10 the price is $630,000, with a management fee of $4,500 per month to cover crew fees, hangars etc. Fractional ownership is basically a partnership with multiple buyers at the corporate level. Fractional owners have guaranteed access to either the plane in which they own a share or a similar plane in the managed fleet. Using a contractual model similar to fractional ownership, Partners in Aviation wants to be the Match.com of private jets. Enjoy all the benefits of private aviation without the hassles and cost of full ownership. Saveene Fractional Jet Ownership offers a unique and affordable way to achieve your aspirations for private jet ownership. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the GULFSTREAM GIV has total variable costs of $1,951,200.00, total fixed costs of $561,341.00, and an annual budget of $2,512,541.00. 0.0 from 0 reviews. COST EFFECTIVE. The basic concept – have several unrelated parties share in the cost of maintaining a jet full time for a single fractional … The Jet It website says with traditional fractional ownership, that same hour could cost as much as $7,600. The Cost of Fractional Ownership Acquisition Cost The initial cost to purchase a share. Heavy Jet | Global 6000: The investment cost for the Global 6000 is $13.125 Million USD. CALL NOW 1 … The introduction of fractional jet ownership in the 1986 was a watershed moment, bringing the guaranteed availability of a private jet to a much larger audience. There are several contributing factors: Buying a Fraction: Upfront, you have to invest a significant amount of capital to own a share of a private jet. Get started by filling out the contact form below. Fractional Aircraft is a common term for fractional ownership of aircraft where multiple owners share the costs of purchasing, leasing and operating the aircraft. Automatically locates hot deals from real-time private jet charter availability. With growth ambitions for its fractional ownership model in the United States, and a planned fall 2020 introduction of JetClub for international markets, Jet It will be in the market for many more HondaJets. ... • Trip expenses (aircraft and crew) billed at cost. Gonzales serves as CEO and Hiremath as president of Jet It. Now, assuming you’ll be flying privately for the next 5 years for business, your cost-to-hours flown will look something like this: 5 Year Total Costs of On-Demand Jet Charter vs. ***FRACTIONAL ONLY*** Experience the luxury of private jet travel with the innovative Pilatus PC-24 jet and the convenience of the PlaneSense® fractional jet program. Fractional aircraft ownership is a consideration for those who fly between 50 and 400 hours per year in private jets. You’ll spend more per hour aloft than with charter or jet cards, but you’ll pay only a fraction of the cost of buying and maintaining an entire jet. Fractional aircraft ownership programs provide even more benefits. Having the ability to select the smallest, or most cost effective aircraft for each individual chartered trip is a great way to keep private aviation costs down. Fractional Ownership . ... Owners enjoy the lowest cost per flight hour in Australia. Enter your itinerary, compare costs between fractional ownership, charter and jet card programs. The deployment cost for the Citation XLS is $3450 per hour plus the costs of fuel minus $1.60/gallon. Inquire NOW about more information 561 570 4301 ... SAVEENE FRACTIONAL YACHT & JET OWNERSHIP. Even for a 1/16 share, you’re looking at an initial investment of a few hundred thousand dollars. And whole ownership of a jet is full of headaches and challenges that will take you away from your business and leisure time. Fractional Jet Ownership. Fractional ownership, jet card & jet charter prices. 3. The cost of fractional jet ownership is significantly higher than that of a jet card program. Cost. 2. Compare Private Jet Costs. The Jet It hybrid ownership model is one-of-a-kind, and provides greater value for your investment. In addition to the acquisition cost, fractional jet owners are also responsible for a monthly management fee and an occupied hourly fee, which covers fuel, maintenance, catering and landing costs. Some private jet customers will compare the price for each flight through their fractional ownership, jet card and on the private jet charter marketplace.