Owning a business jet is a matter of pride and prestige, but managing your aircraft is a different matter and it needs an approach in a professional way.
This is where an aircraft management company is of a great service to you and your aircraft.
There are some services an aircraft management company undertakes which you as an owner of an aircraft can never streamline.
These are some professional services which have evolved over years of experience of handling various aircraft, and above all it is a team effort.
The various staff of an aircraft management company have skills and experienced at managing various entities and hence an individual will not match up to the ability of a team.
Some of the services an aircraft management company offers to aircraft owners are storage space for their plane.
Since these companies have been in the field since some years they are in contact with many fixed base operators or FBOs and through their contacts they will be in a place to find a good FBO and good hangar to shelter your aircraft.
Likewise, maintaining the aircraft is expertly handled by the company.
They take care of the necessary inspections and make sure that the aircraft's worthiness is in accordance to the stringent regulations.
Further, the trained aircraft management company's mechanics are highly qualified to carry out all the necessary repairs and maintenance of various aircraft.
The other of the tasks the company manages is crew staffing.
They train the crew to exceed the FAA training requirements, and the staff ensures that they meet the highest standards of safety and service.
The company also ensures that they plan every flight and schedule them in the right way.
This includes monitoring the weather and making adjustments to make sure that the aircraft arrives to the destination in a very safe way.
The company also keeps track of the expenses, which includes the expenses incurred on fuel, staff accommodation, and so forth, and generates a consolidated invoice showing the minutest of details for the perusal and understanding of the aircraft owner.
Certain companies also provision for concierge services.
These are optional services offered specifically to the aircraft owner, or to the customer who has chartered the aircraft.
The company manages all the hotel reservations, land transportation, in-flight catering, and so forth for the comfort of the customer.
The company also offers consultation services to aircraft owners when they intend to make newer aircraft purchases.
The company offers its help in negotiating, pre-inspecting, finance, checking flight worthiness, and finally help in actually concluding the purchase.
Thus an aircraft management company is a company whose services benefit the aircraft owner greatly.