Why visit ACE ’24?
Coinciding with its 15th anniversary, SkyShare has introduced a new financing programme for fractional aircraft ownership. It recently launched the SFX+ programme, expanding its PC-12, Citation CJ2, and Citation Excel fleet with Gulfstream G450s and Challenger 300s. This latest finance options make it easier than ever for leaders and entrepreneurs to access private aviation while retaining capital in their businesses.
Fractional ownership already massively lowers the barrier to entry for private flight by cutting costs as much as 1/16 versus full-ownership, and it still provides guaranteed availability and a low-commitment three year term. Under the new financing plan, potential owners can now kick that barrier to entry down even further with significantly reduced initial investment.
For example, shares start at $335,000 in the SFX programme. The new financing programme requires only 35 per cent of that down ($117,250) and monthly finance payments as low as $2,354. For the large-cabin SFX+ programme featuring Gulfstream G450s, shares begin at $950,000, with financing options starting at a $332,500 down payment and $6,684 monthly finance payments.
SkyShare's financing still allows fractional owners to take full advantage of bonus depreciation benefits on their taxes while keeping more liquidity for other investments and/or their business needs. "Our goal is to make private flight as accessible and beneficial as possible, ensuring clients can keep their money working for them while enjoying all the benefits of a personal aircraft fleet," says CEO and founder Cory Bengtzen. "If you're a small or medium business aiming to compete with a Goliath in your industry by doing more business face-to-face, here's a brand new slingshot."
SkyShare has also revealed a reduction in monthly management fees for the SFX programme. This adjustment reflects the company's commitment to affordability and service excellence, catering to owners who prefer access from light aircraft to mid-size jets.