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WHAT IS FRACTIONAL OWNERSHIP/ MANAGEMENT AND WHAT ARE THE
BENEFITS ?
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Fractional aircraft ownership and
aircraft management takes the
guesswork and headache out of owning your own private aircraft and
allows you to maximize the cost effectiveness of owning such a
large asset. Air Broker Net
now offers a fractional aircraft ownership program where you gain all the
convenience, access and time advantages of owning an executive
aircraft at a fraction of the cost.
For those who fly regularly, fractional
aircraft ownership may be able to save you even more on your executive
travel needs. From major tax advantages to lower hourly aircraft
rates, fractional aircraft ownership should be considered by any serious
executive or private traveler. Fractional aircraft ownership gives you the conveniences and
access of owning your own private aircraft, for a fraction of the cost.
You maintain control of your
aircraft, yet you have no day-to-day aircraft management
concerns, no scheduling issues, no maintenance worries, no
payroll responsibilities, no unproductive downtime, and no
unexpected costs. Owners may choose
to retain exclusive use of their private aircraft or they may put their
aircraft on our FAA 135 certificate to generate revenue through
on demand air charter.
Complete Executive
Aircraft Management, Save Time and Money!
Owning a private aircraft can be a very complex task. That is why it is
important to have your private aircraft managed by a team of
professionals who know how to take care of your aircraft for you
and make sure it is ready to go when you are. From maintenance
and hangar rental, to flight crew training and air charter revenue
programs, Air broker Net's aircraft management program is a must for
anyone wanting the best for their private aircraft and their passengers.
Air Broker Net's industry relationships allow us to provide our
clients with excellent insurance, fuel prices, maintenance
costs, and prices on aircraft parts. We aim to serve our
aircraft owner's best interest throughout the entire management
relationship.
Air Broker
Net provides a monthly accounting of all costs, revenues, and
activity related to the aircraft, which allows easy accounting
and tracking for our private aircraft owners.
Air Broker Net's management team is dedicated to professionalism
and efficiency, so you can rest assured your aircraft is in safe
hands, and your next private flight will be a safe one. Our
executive aircraft management services include:
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Pilot
Staffing and Training
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Aircraft Scheduling
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Ground
Transportation
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Trip
Planning
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Accommodation Planning
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Maintenance
Management and Tracking
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Insurance
Handling, Consultation and Liaison
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Routine
Upkeep (aircraft detailing and service)
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Record
Keeping and Regulatory Compliance
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Detailed
Monthly Reporting and Bill Payments
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Aircraft Management
and Part 91/135
For most executive and business aircraft, the Federal Aviation
Administration (FAA) provides two sets of rules under which you
can operate. Part 14 of the Code of Federal Regulations (CFR)
deals with aviation, and subsection 91 is for private aircraft operators.
This would be the case if you or your company purchased an
aircraft for personal or company business. You can operate those
flights under the relatively relaxed rules of 14 CFR Part 91.
However, you are not allowed to operate the private aircraft for profit
or compensation.
On the other hand, you could also fly the aircraft
under 14 CFR Part 135. This would allow you to operate as a
private aircraft (Part 91) when transporting company officials,
clients
or the owner. When not using the aircraft, you could use it as
an air charter/air taxi and charge the general public a fee to use your
private charter aircraft. The requirements that you must meet to operate an aircraft as an air charter/air taxi operator are much more stringent than
those for private aircraft operations. This is because the FAA is
protecting the flying public that may use your private charter aircraft. These
are a few of the areas the FAA is concerned about:
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Air Carrier
Certification
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Drug
Testing
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Pilot
Training/ Hiring
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Recurrent
Training and Checking
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Maintenance
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Audit trails and proper paper work
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Air Broker Net will take care of all of the
aircraft management needs for you. You simply tell us when you want to
utilize your private aircraft for your personal use, and one of our
Part 135 air charter partners will operate it while you’re not using it!
We'll take the guess work out of owning and operating your
private aircraft and make it more affordable for you.
All Aircraft Ownership Programs Are Not
the Same!
Under
most fractional aircraft ownership programs, the private aircraft is operated
under Federal Aviation Regulations part 91. Since this means
that the
private aircraft is only for use by the owners and not for hire,
it
can never be used for revenue producing flights. Typically,
when you buy into one of those programs, you pay a certain
amount for your share, say 1/8. Then you pay a hourly aircraft
use charge and
many times different dubious program fees.
You can always request the aircraft on a specific date in a
specific place. But you don’t necessarily get your aircraft or
your crew. You get an aircraft and a crew. Our program is very
different since we can operate your aircraft under Part 135 of the
Federal
regulations to generate revenue as an air
charter aircraft and take advantage of some of the benefits
that part 135 operations have in increased safety, legal
liability and reliability. Crew and maintenance requirements are much
higher for aircraft operated under part 135. Also in a typical
fractional ownership program you have very limited operational control
of your investment. If you want to upgrade the aircraft, say
install office equipment, you can usually forget it. With our program the
owners decide what they want to do with the aircraft. If for
some reason your private aircraft is in maintenance or out on another
trip, we have other, similar aircraft we can fly you in,
although that is a very rare occurrence.
Offset your Aircraft
Ownership costs!
With the
typical fractional ownership program there is only expense, and
no revenue. Air Broker Net can offer you a share
of a private aircraft that is also used on a part 135 on demand air charter
certificate to create revenue and offset ownership costs. Actually, you are purchasing a part of a company
that owns an aircraft, for the sole purpose of chartering it,
thus making all aircraft expenses a tax deduction and minimizing
any legal liability on its operation. We crew it, we maintain
it, we hangar it. When you or your company are not using it,
we will charter it, to generate revenue and therefore offset
ownership costs. All of the bills go directly to the company
and can be written off in the current year as expenses.
Additionally, federal tax law allows you to depreciate the
equipment over five years. You may quickly depreciate 80% of
the purchase price in just three years. Used aircraft trade
like commodities, but generally, their values only increase,
not decrease on an annual basis. At the end of the
depreciation cycle, you will be left with an aircraft that is
likely worth significantly more than you paid for it.
Our
approach to turnkey aircraft management and ownership has proven attractive
to corporations and individuals around the world because our
expertise translates directly into greater safety, flexibility
and lower costs for aircraft owners. Air Broker Net will not
just suggest an private aircraft for you, but will walk you through
the entire process. We will help you choose the best aircraft
for your needs so you don't end up with something too small or
too expensive. Air Broker Net will carefully research your
past and anticipated future travel to recommend the best
private aircraft in terms of cost and performance. From small jets to
executive commercial sized aircraft, Air Broker Net can handle
any size request. We promise to have a customized solution for
your needs and budget.
Contact us today to find out
if fractional aircraft ownership is right for you!
If you need to look up any
air charter term, Click Here to go to our Air Charter Glossary! |
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private aircraft
charter,
fractional aircraft ownership,
air charter services, jet charter broker,
air charter
company, aircraft management,
jets |
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