hr: Jets

Who has not dreamt of having one’s own aircraft?  As children, our love for it had been manifested by what seems to be like hundreds of paper airplanes littering our rooms not to mention the entire house, which as we grew older became more intricate and more precise in folding design to achieve as they say the “perfect flight.”

Photo Credit: Cubbie_n_Vegas

To some it has remained a dream forever cherished, but for some it has become an integral part of their lives both personal and professional.  While that may be a painstaking endeavor in and of itself, the actual operation of the aircraft can be an entirely different headache if one is not adequately prepared.  It is not as simple as folds and cuts anymore nor is it just a matter of having enough money (though some could not care less).  From crew selection and aircraft maintenance to additional revenue, if one wants true value for one’s money, a little more knowledge and a dash or two of hands-on experience are needed.

However, for a truly stress-free ownership, there are, thankfully, aircraft management companies who provide such service to an aircraft owner.

Charter revenue is one of the biggest reasons an aircraft owner seek the services of a management company.  To give the owner the chance to balance the costs associated with aircraft operation, management companies place the acquired aircraft on a Part 135 Certificate.  This is one of the most cost-efficient ways for an owner to finance his or her own flights.  By chartering flights 51% or more in the first year of acquisition, aircraft owners can enjoy the benefit of avoiding paying the sales tax and using the tax on the aircraft. The savings can add up very quickly for the aircraft investment.

It’s all a matter of choice really–hands-on or professional management.  Whatever the choice is, the end result should always be for one’s enjoyment of having an aircraft to call your own.