Jet Consultancy Services From Av8Jet On AvPay

Jet Consultancy Services From Av8Jet

Decades of Expertise at Your Disposal. If we buy an aircraft, should we make it available for charter in order to generate revenue to defray the costs of ownership? Business aviation can be a highly sophisticated and technical field, so finding the answers to questions like these might be difficult for a company that has not yet operated its own aircraft. Therefore, the first step should be to review the corporate travel requirements & budget with a company who is familiar with the performance capabilities & operation of corporate aircraft, both new & used.

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Aircraft Finance
Before the process of aircraft, acquisition gets too involved, it is normally prudent to have an indicative offer in principle from a financial institution – if finance is required.

Av8Jet would never recommend you put down payment or deposit on an aircraft that is non-refundable unless you have a full offer of aircraft finance. The decision to buy or lease an aircraft comes down to how it will affect the overall financial & tax situation of the corporation. If a company has liquid cash, then it might be advantageous to buy an aircraft outright.

If you require aircraft finance, it is important that this is dealt with at the beginning of the process as it can take some time to arrange. Av8Jet can assist you every step of the way.

Aircraft Type Selection
Beyond budget & age, the choice of aircraft model is often made based on cabin size, speed & range. However, there are many other factors which have a bearing on the acquisition decision. Payload capabilities, runway performance, residual values, seating arrangements, number of crew, the reputation of the manufacturer & the type of operation you wish to run are all things to consider.

In addition to acquisition costs, it is also important to think about the operating costs. We can help the budget for direct operating costs, such as maintenance, fuel & crew. We typically include an engine reserve, which, based on a projected number of total flight hours, is the per-flying-hour cost of overhauling the engines at the prescribed maintenance interval.

By paying an annual fee which covers the upkeep of the engines for a specified number of flight hours, operators can avoid a large expenditure sometimes associated with overhauling or performing major maintenance on an engine.

Another way to increase the predictability of maintenance costs is for aircraft operators to enrol the aircraft in one of the fixed-cost maintenance airframe programs being offered by airframe manufacturers.

Ownership Structure & Registration
There are many factors which have a bearing on Ownership & Registration. These include:

Taxation & Ownership Structure/Jurisdiction
One might need to consider possible tax advantages of depreciating an aircraft, such as whether the company owns all of, or merely an interest in, an aircraft.

Registration
There a variety of registers that you can choose from. One might need to consider the jurisdiction of the owner, regulatory st&ards, neutrality of registration, security of the aircraft mortgage register, or legal & political environment.

Type of Operation
In advance of purchase, it might be important to determine whether or not any commercial charter is planned. This factor can have a significant bearing on the type of aircraft that you purchase.