Thinking of buying into a "fractional" or "shared" Micro Jet Position?
Looking for 1,2,3,4 partners to share the costs of owning a Micro Jet?
Which one do you buy: Embraer Phenom 100, Eclipse 500, Adam A700, Diamond D-Jet, Cessna Mustang?
Here is a list of the "financing" options that are available to you so that you can discuss these options with a good CPA Aviation firm to help guide you through making the "best choice" when purchasing "private air travel:"
Shared Ownership: When 1,2,3 or more individuals decide to "share the ownership" and maintenance costs of owning and operating a "Micro Jet Aircraft." However described in detail in the ownership agreement, the rules are laid out how all costs are paid, who is responsible for paying "dead head" for any specific trip, how a shared owner can be bought out if he/she wishes to terminate their contract with the other parties, and even if all parties decide to sell their present aircraft and purchase another aircraft, is all spelled out in this arrangement...The pro's are that this type of "shared ownership" is probably the best "value" for the investors that don't mind once in awhile not being able to take their private "Micro Jet" because another partner already booked it, and thus is forced to take another private jet charter or the commercial airlines a couple of times per year...Also, since all/most expenses are shared and cost averaged for flight costs per hour, per mile, per dead head, per whatever, "shared ownership" is probably the most inexpensive way of owning and operating a private "Micro Jet" aircraft...The con's are that several times owners can have different views on expenses, who pays for dead head, what options to pick or update, how many hours per year are allocated per shared owner, who gets the aircraft for this holiday, what color to paint the outside of the aircraft and which pilots to hire, etc...This is very easily solved by starting the relationship off with a great aviation law firm, which can provide a very thorough "Aircraft Club Agreement" for all of these owners spelling out exactly what is expected...We can be of help to you in getting financing. If you are seeking financing on an "early micro jet position," most banks if not all banks, will require at least 35-40% down, a strong interest rate of like 15% on the "position" until the time of aircraft delivery; Thus, setting many interested parties back or "not being able to buy the early position at all."
However, here is how we can be of help to you:
Also, please keep in mind, that we bring "added value" by offering you the following:
-Aircraft Club Agreement
-Help in negotiating and locating early jet positions
-Partner lead generation in your area
Example: aircraft costs $1,500,000 such as the Eclipse 500 Jet:
Upfront Costs if not financing jet purchase:1 partner: $1,500,000 cost per partner
2 partner split: $750,000 cost per partner3 partner split: $500,000 cost per partnerPlus ongoing monthly/hourly expenses of owning/operating a Micro Jet Aircraft...Upfront Costs if financing jet purchase: with 40% down: ($600,000 being financed):1 partner: $600,000 cost per partner 2 partner split: $300,000 cost per partner3 partner split: $200,000 cost per partnerPlus ongoing monthly/hourly expenses of owning/operating a Micro Jet Aircraft...
Sole Ownership: This is probably the "simplest" form of ownership since no other parties are involved. The "sole owner" is responsible for every aspect of his/her "Micro Jet Aircraft." From paying the monthly expenses, updating the flight logs, meeting with the accountant/cpa firm, hiring the pilot (s), deciding whether or not to sell the aircraft, and how everything is run on a monthly basis...The pro's are that you don't have to go to any partners for approval for anything, nor will you have any partners booking your aircraft when you wanted to go take the family to Vail, Colorado for this year's ski vacation only to find that another partner had already booked that time...The con's are that you have everything on your shoulders including but not limited to hiring the pilots, managing the expenses, and making sure the aircraft's maintenance records are up to date. However, many owners can "build in such responsibilities" to the pilots to perform, thus freeing up time and stress for the owner, by just paying the pilot to perform these monthly tasks...
Fractional Ownership: You can "buy into" an aviation's existing fleet of "Fractionally Owned" aircraft. You can buy a share of any or all of the particular aircraft, and these shares are usually distributed in the following increments: 1/16, 1/8, 3/16, 1/4, 5/16, 3/8, 7/16, and 1/2...You would be responsible for a "Purchase Price" and this is based on the share that you wish to engage. You then have a "Deposit" which is usually about 10% of the "Purchase Price." This deposit goes into an "interest bearing escrow account." You then have a mandatory monthly fee (depending on what share you purchased), and on the smaller "Micro Jets" can run from $2,000/month to well over $20,000/month. Lastly, you then have a "Per Hour" fee, which starts at around $800/hour and goes well over $1,000/hour. The pro's to buying into a "Fractional Ownership" situation is all management and operations are done by the Fractional Owner/Managing Firm, and this allows you the ability to not have to worry about every aspect of owning and managing your aircraft. The con's to buying into a "Fractional Ownership" situation, is it is much more expensive and you are buying into a "guest Imation" of the amount of hours per year you think you are going to need (broken down by the shares: 1/2, 1/4, 1/8, 1/16th share).Air-Taxis: "
Flat Fee Per Mile & Paid Per Seat: You have already heard of the "Micro Jet Air Taxi's" such as but not limited to Day Jets, Linear Air, Pogo, Magnum Jet, Jet Birds, and others...Some will charge around $1, $2, and upwards of a flat $3 dollars "per seat & per mile" and are restricted to geographical regions in that they will start out only operating in the North East, South East, etc...The pro's are that you can contact a booking agent or go online, book your seat in "real time," drive your car to the appropriate FBO they are based out of, get on the plane and in moments you are off. Also, there are no worries about owning and operating your own aircraft, and for the business traveler who wishes to fly within a specific region and doesn't mind having to pay "per seat & per mile," then this is a very affordable way to go. Also, you pay a very reasonable price "per seat & per mile," so if you figure an average business trip of 950 miles at $2 seat per person, ($1,900 each way x 2=$3,800 roundtrip), and flying as frequently as 2x/per week, then you are spending $395,200/year for 104 roundtrip flights...If only going 1x/per week, then it would be half of that amount or $197,600/year. The con's are that you are again limited to a specific region currently, and you will have to share the aircraft with other travelers as you would normally do on any commercial airline and these "Micro Jet or VLJ Aircraft" have much smaller cabins, and allow for much lighter weight limitations. Air-Taxis: "
Charter By The Hour: " For the business traveler that doesn't want any worries about involving himself/herself with managing and operating any type of private "Micro Jet Aircraft," and just wants to make a phone call, book the entire plane for his/her business associates or family, and get on the plane and go, then this is the most "convenient stress-free" way to fly with no strings attached. Some "Micro Jet Charters" will charge around $1,200/per flight hour and upwards of over $1,750/per flight hour. The pro's are that you can contact a booking agent or go online, book your seat in "Micro Jet Aircraft" in "real time," drive your car to the appropriate FBO they are based out of, get on the plane and in moments you are off. The pro's are that there are no worries about owning and operating your own aircraft, and for the business traveler who wishes to fly within a specific region and doesn't mind having a different aircraft much of the time, then this is a very affordable way to go and if you have the entire plane with no other passengers or fewer passengers then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you. The con's are that you are again you will probably get a different aircraft much of the time, and that you pay a pretty hefty price per hour so if you figure an average of 100 hours/per year at $2,000/hour, you are putting out $400,000 for that year when you possibly could buy your own plane and share the costs as spelled out in "
Shared Ownership."Charter By The Trip: Many times business executives build a relationship with a particular person at a particular FBO or Part 135 and because of each parties interests and goals, they are able to work out a "reduced charter rate" because of the business executive's loyalty in giving a particular Part 135 operator all/most of their business, and for the Part 135's ability to offer the business executive the routine routes and particular aircraft of interest to the business executive on a regular basis. Many times this works out great and the relationship is strong between both parties. Many times because of this relationship, the business executive has a friend in the "charter business" and can often contact the charter company on short notice to reserve "his/her" favorite jet. The pro's are in chartering a specific jet and in working with someone you have developed a relationship and trust with, that you are able to pretty much pick and choose your aircraft and routes of interests, get a reduced rate because of the volume you yield yearly to this particular charter of choice, and have no other worries, and as mentioned previously, you have the entire plane with no other passengers or fewer passengers then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you... The con's are that you will have to usually pay for the entire "charter of aircraft" and not "per seat" because rarely will some other business traveler be flying the exact same routes and times that you are, so you will have to pay for the entire aircraft all of the time.
Pre-Paid Jet Card: You have heard of the Marquis Jet Card, Sentients, Jets.com, Skyline Jet, Jet Network, Net Jets, Flight Options, and other types of "Pre Paid Jet" time. The "Pre Paid" jet cards have been around for years and were even mentioned on Donald Trumps television series titled "The Apprentice." Jet-setters purchase a "credit card" charged with x-amount of "pre-paid" hours up front. Pre-paid hours are defined as "wheels up to wheels down" in aircraft lingo...Meaning, that as soon as you get on the plane, take off and leave the runway, the wheels are off the ground, until the time the wheels come out for the landing and are on the ground, that timeframe is what is billed to the balance of remaining credits on your "pre paid jet card." Make sense? Sure it does. Up until recently, all of these companies were offering Light Jets, Medium Jets, and Heavy Jets for "pre paid" cards. But, because of the introduction of the VLJ's or "Very Light Jets," often referred to as "Micro Jets," they are soon going to be offering the VLJ category of "pre paid jet time." The pro's are that it is very easy to whip out the "pre paid card," exactly like a credit card where you get your statement monthly, and then jump on your own plane and go. Since you have the entire plane with no other passengers, then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you. At an average of $2,000/per flight hour, remember "wheels up to wheels down," you will be paying about $200,000/year for 100 "flight hours," and $400,000/year for about 200 "flight hours." The con's are that you will have challenges in selecting which VLJ or Micro Jet you will be given for any specific flight, and extra fees will and do apply and you will be paying for the entire plane with no other passengers on it...
Other/Misc: There will be other ways to finance your "traveling options" and we will continue to update these as we find out about them. Please continue to check back with us here monthly, as we will continue to update you on this "breaking information..."
Affiliate Program: We will pay you a "Finders Fee" for any leads that you refer resulting in a "paid commission." This can include micro jet positions, partners looking for other partners to split the costs of owning their own aircraft, as well as management monthly fees associated with managing a micro jet or very light jet aircraft for a group of investors or one owner...Aircraft Agreement: If you are interested in being compensated for any leads that you would be willing to share, pre-qualified leads, kindly send us an email by clicking the following link explaining the potential clients that you can refer that are looking for early jet positions and/or partners looking for other partners to share the costs of owning, operating and managing a private or company aircraft: -Send Us An Email- to send an email to us so that you can become an affiliate and start earning commissions today...
Kind Regards,
Dean Andrew Kantis
Founder
www.MicroJetNetwork.com
w: 754.234.9993
f: 954.449.0024
Looking for 1,2,3,4 partners to share the costs of owning a Micro Jet?
Which one do you buy: Embraer Phenom 100, Eclipse 500, Adam A700, Diamond D-Jet, Cessna Mustang?
Here is a list of the "financing" options that are available to you so that you can discuss these options with a good CPA Aviation firm to help guide you through making the "best choice" when purchasing "private air travel:"
Shared Ownership: When 1,2,3 or more individuals decide to "share the ownership" and maintenance costs of owning and operating a "Micro Jet Aircraft." However described in detail in the ownership agreement, the rules are laid out how all costs are paid, who is responsible for paying "dead head" for any specific trip, how a shared owner can be bought out if he/she wishes to terminate their contract with the other parties, and even if all parties decide to sell their present aircraft and purchase another aircraft, is all spelled out in this arrangement...The pro's are that this type of "shared ownership" is probably the best "value" for the investors that don't mind once in awhile not being able to take their private "Micro Jet" because another partner already booked it, and thus is forced to take another private jet charter or the commercial airlines a couple of times per year...Also, since all/most expenses are shared and cost averaged for flight costs per hour, per mile, per dead head, per whatever, "shared ownership" is probably the most inexpensive way of owning and operating a private "Micro Jet" aircraft...The con's are that several times owners can have different views on expenses, who pays for dead head, what options to pick or update, how many hours per year are allocated per shared owner, who gets the aircraft for this holiday, what color to paint the outside of the aircraft and which pilots to hire, etc...This is very easily solved by starting the relationship off with a great aviation law firm, which can provide a very thorough "Aircraft Club Agreement" for all of these owners spelling out exactly what is expected...We can be of help to you in getting financing. If you are seeking financing on an "early micro jet position," most banks if not all banks, will require at least 35-40% down, a strong interest rate of like 15% on the "position" until the time of aircraft delivery; Thus, setting many interested parties back or "not being able to buy the early position at all."
However, here is how we can be of help to you:
Also, please keep in mind, that we bring "added value" by offering you the following:
-Aircraft Club Agreement
-Help in negotiating and locating early jet positions
-Partner lead generation in your area
Example: aircraft costs $1,500,000 such as the Eclipse 500 Jet:
Upfront Costs if not financing jet purchase:1 partner: $1,500,000 cost per partner
2 partner split: $750,000 cost per partner3 partner split: $500,000 cost per partnerPlus ongoing monthly/hourly expenses of owning/operating a Micro Jet Aircraft...Upfront Costs if financing jet purchase: with 40% down: ($600,000 being financed):1 partner: $600,000 cost per partner 2 partner split: $300,000 cost per partner3 partner split: $200,000 cost per partnerPlus ongoing monthly/hourly expenses of owning/operating a Micro Jet Aircraft...
Sole Ownership: This is probably the "simplest" form of ownership since no other parties are involved. The "sole owner" is responsible for every aspect of his/her "Micro Jet Aircraft." From paying the monthly expenses, updating the flight logs, meeting with the accountant/cpa firm, hiring the pilot (s), deciding whether or not to sell the aircraft, and how everything is run on a monthly basis...The pro's are that you don't have to go to any partners for approval for anything, nor will you have any partners booking your aircraft when you wanted to go take the family to Vail, Colorado for this year's ski vacation only to find that another partner had already booked that time...The con's are that you have everything on your shoulders including but not limited to hiring the pilots, managing the expenses, and making sure the aircraft's maintenance records are up to date. However, many owners can "build in such responsibilities" to the pilots to perform, thus freeing up time and stress for the owner, by just paying the pilot to perform these monthly tasks...
Fractional Ownership: You can "buy into" an aviation's existing fleet of "Fractionally Owned" aircraft. You can buy a share of any or all of the particular aircraft, and these shares are usually distributed in the following increments: 1/16, 1/8, 3/16, 1/4, 5/16, 3/8, 7/16, and 1/2...You would be responsible for a "Purchase Price" and this is based on the share that you wish to engage. You then have a "Deposit" which is usually about 10% of the "Purchase Price." This deposit goes into an "interest bearing escrow account." You then have a mandatory monthly fee (depending on what share you purchased), and on the smaller "Micro Jets" can run from $2,000/month to well over $20,000/month. Lastly, you then have a "Per Hour" fee, which starts at around $800/hour and goes well over $1,000/hour. The pro's to buying into a "Fractional Ownership" situation is all management and operations are done by the Fractional Owner/Managing Firm, and this allows you the ability to not have to worry about every aspect of owning and managing your aircraft. The con's to buying into a "Fractional Ownership" situation, is it is much more expensive and you are buying into a "guest Imation" of the amount of hours per year you think you are going to need (broken down by the shares: 1/2, 1/4, 1/8, 1/16th share).Air-Taxis: "
Flat Fee Per Mile & Paid Per Seat: You have already heard of the "Micro Jet Air Taxi's" such as but not limited to Day Jets, Linear Air, Pogo, Magnum Jet, Jet Birds, and others...Some will charge around $1, $2, and upwards of a flat $3 dollars "per seat & per mile" and are restricted to geographical regions in that they will start out only operating in the North East, South East, etc...The pro's are that you can contact a booking agent or go online, book your seat in "real time," drive your car to the appropriate FBO they are based out of, get on the plane and in moments you are off. Also, there are no worries about owning and operating your own aircraft, and for the business traveler who wishes to fly within a specific region and doesn't mind having to pay "per seat & per mile," then this is a very affordable way to go. Also, you pay a very reasonable price "per seat & per mile," so if you figure an average business trip of 950 miles at $2 seat per person, ($1,900 each way x 2=$3,800 roundtrip), and flying as frequently as 2x/per week, then you are spending $395,200/year for 104 roundtrip flights...If only going 1x/per week, then it would be half of that amount or $197,600/year. The con's are that you are again limited to a specific region currently, and you will have to share the aircraft with other travelers as you would normally do on any commercial airline and these "Micro Jet or VLJ Aircraft" have much smaller cabins, and allow for much lighter weight limitations. Air-Taxis: "
Charter By The Hour: " For the business traveler that doesn't want any worries about involving himself/herself with managing and operating any type of private "Micro Jet Aircraft," and just wants to make a phone call, book the entire plane for his/her business associates or family, and get on the plane and go, then this is the most "convenient stress-free" way to fly with no strings attached. Some "Micro Jet Charters" will charge around $1,200/per flight hour and upwards of over $1,750/per flight hour. The pro's are that you can contact a booking agent or go online, book your seat in "Micro Jet Aircraft" in "real time," drive your car to the appropriate FBO they are based out of, get on the plane and in moments you are off. The pro's are that there are no worries about owning and operating your own aircraft, and for the business traveler who wishes to fly within a specific region and doesn't mind having a different aircraft much of the time, then this is a very affordable way to go and if you have the entire plane with no other passengers or fewer passengers then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you. The con's are that you are again you will probably get a different aircraft much of the time, and that you pay a pretty hefty price per hour so if you figure an average of 100 hours/per year at $2,000/hour, you are putting out $400,000 for that year when you possibly could buy your own plane and share the costs as spelled out in "
Shared Ownership."Charter By The Trip: Many times business executives build a relationship with a particular person at a particular FBO or Part 135 and because of each parties interests and goals, they are able to work out a "reduced charter rate" because of the business executive's loyalty in giving a particular Part 135 operator all/most of their business, and for the Part 135's ability to offer the business executive the routine routes and particular aircraft of interest to the business executive on a regular basis. Many times this works out great and the relationship is strong between both parties. Many times because of this relationship, the business executive has a friend in the "charter business" and can often contact the charter company on short notice to reserve "his/her" favorite jet. The pro's are in chartering a specific jet and in working with someone you have developed a relationship and trust with, that you are able to pretty much pick and choose your aircraft and routes of interests, get a reduced rate because of the volume you yield yearly to this particular charter of choice, and have no other worries, and as mentioned previously, you have the entire plane with no other passengers or fewer passengers then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you... The con's are that you will have to usually pay for the entire "charter of aircraft" and not "per seat" because rarely will some other business traveler be flying the exact same routes and times that you are, so you will have to pay for the entire aircraft all of the time.
Pre-Paid Jet Card: You have heard of the Marquis Jet Card, Sentients, Jets.com, Skyline Jet, Jet Network, Net Jets, Flight Options, and other types of "Pre Paid Jet" time. The "Pre Paid" jet cards have been around for years and were even mentioned on Donald Trumps television series titled "The Apprentice." Jet-setters purchase a "credit card" charged with x-amount of "pre-paid" hours up front. Pre-paid hours are defined as "wheels up to wheels down" in aircraft lingo...Meaning, that as soon as you get on the plane, take off and leave the runway, the wheels are off the ground, until the time the wheels come out for the landing and are on the ground, that timeframe is what is billed to the balance of remaining credits on your "pre paid jet card." Make sense? Sure it does. Up until recently, all of these companies were offering Light Jets, Medium Jets, and Heavy Jets for "pre paid" cards. But, because of the introduction of the VLJ's or "Very Light Jets," often referred to as "Micro Jets," they are soon going to be offering the VLJ category of "pre paid jet time." The pro's are that it is very easy to whip out the "pre paid card," exactly like a credit card where you get your statement monthly, and then jump on your own plane and go. Since you have the entire plane with no other passengers, then usually the "weight restrictions" on smaller "Micro Jet Aircraft" won't be a concern for you. At an average of $2,000/per flight hour, remember "wheels up to wheels down," you will be paying about $200,000/year for 100 "flight hours," and $400,000/year for about 200 "flight hours." The con's are that you will have challenges in selecting which VLJ or Micro Jet you will be given for any specific flight, and extra fees will and do apply and you will be paying for the entire plane with no other passengers on it...
Other/Misc: There will be other ways to finance your "traveling options" and we will continue to update these as we find out about them. Please continue to check back with us here monthly, as we will continue to update you on this "breaking information..."
Affiliate Program: We will pay you a "Finders Fee" for any leads that you refer resulting in a "paid commission." This can include micro jet positions, partners looking for other partners to split the costs of owning their own aircraft, as well as management monthly fees associated with managing a micro jet or very light jet aircraft for a group of investors or one owner...Aircraft Agreement: If you are interested in being compensated for any leads that you would be willing to share, pre-qualified leads, kindly send us an email by clicking the following link explaining the potential clients that you can refer that are looking for early jet positions and/or partners looking for other partners to share the costs of owning, operating and managing a private or company aircraft: -Send Us An Email- to send an email to us so that you can become an affiliate and start earning commissions today...
Kind Regards,
Dean Andrew Kantis
Founder
www.MicroJetNetwork.com
w: 754.234.9993
f: 954.449.0024
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