OPERATIONAL STRUCTURE
The decisions made by a private plane owner at the beginning of the ownership process have a weighty impact on every aspect of the aircraft’s operation over the course of its ownership.
Proper operational planning is decisive to minimize the tax burden and to assure cost optimization. This makes all the difference between a satisfying ownership experience and a steady stream of operational frustrations.
Here is a partial list of issues that must be carefully analyzed.
COUNTRY OF REGISTRATION
(requires legal advice)
- Fiscal Analysis
- Financial Analysis
- Operational Analysis
PART 91 (Private)
vs.
PART 135 (Charter)
OPERATIONS
- Operational Control Responsibilities/Liabilities
- Airworthiness Certificate
- Reduced Vertical Separation Minimum/Letter of Authorization (RVSM/LOA)
- Minimum Equipment List (MEL)
- Charter Analysis
- Management Company Selection (if one is needed)
- EU: Non-commercial operations with complex motor-powered aircraft (NCC)
PILOTS
- Legal Employer
- Selection – Personality Match with Owner
- Salary and Benefit Negotiations
OPERATIONS
We offer advice on and monitor all operational matters to assure a trouble-free process.
MANAGEMENT COMPANY
Research and Select:
- Most Suitable Company for the Aircraft Operation
- Management Team Experience
- Location
- Type of Aircraft Managed
- Type of Flights Performed
- Operational Capabilities
- Repair and Maintenance Structure
PILOTS
- Crew Selection
- Training
- Part 91 (Private) vs. Part 135 (Charter) Cost Analysis
- Training School Selection
- Clearly Defined Roles
- Remote Local Arrangements (if aircraft is based in more than one city or country)
MAINTENANCE PLANNING
Accommodating Owner’s Schedule
CHARTER (For Part 135)
- Hourly Rate Determination
- Operator’s Commission Negotiation
- Charter Approvals
PART 91 (Private) vs. PART 135 (Charter) OPERATIONS
Onboard Special Catering
Passenger Ground Transportation
- Limousines
- Rental Vehicles (Standard or Special)
Meeting Room Rentals