Owning An Airframe Opens a World of Possibility
Whether for productivity or leisure, flying on your time reduces stress and lets you focus on what matters most to you.
We have seen many examples of how owning a long-range business jet has improved the quality of life for our partners. Having an airframe as an asset is a significant tax advantage and a wise business decision for some. But owning and operating it can get more expensive than initially anticipated (just look at what’s happening to fuel prices). That’s why having an experienced firm managing your airframe is helpful.
Aircraft management companies work with owners to handle maintenance needs and storage while ensuring regulatory compliance.
Here are just a few ways their services can improve your ownership experience:
Hangaring Your Airframe
Negotiating with Fixed-Base Operators (FBOs) around the United States and abroad can be tricky. They will always quote private owners the absolute top dollar amount to hangar an airframe. Aircraft management firms specialize in relationships with FBOs and can find hangar space at the best possible price.
Regulatory compliance in aviation is necessary though painstakingly nuanced affairs. Inspections must be completed at certain intervals, registration and radio certificates must be in good standing, and FCC compliance must be followed, among numerous other international standards. Aircraft management teams specialize in compliance, so you will never have to worry about getting fined by one of the many local or international aviation safety regulations.
Maintenance is where aircraft management firms can keep your costs as low as possible. Aircraft management teams have relationships with A&P mechanics worldwide, and some companies, like ours, have in-house aircraft maintenance. Good aircraft maintenance ensures the safety and longevity of your aircraft.
Generating revenue with your airframe is the best way to offset the cost of owning it entirely. Having an airframe as an asset is a significant tax break — but generating revenue on top further reduces the cost of ownership. Aircraft management firms have a network of reputable brokers with private charter clients. All the airframes under our management are operated as revenue-generating assets for our owners. We feature the airframe on our website and advertise their on-demand availability to our network of clients and brokers.
If you buy an airframe for business or pleasure, you will save money by partnering with a reputable aircraft management team. If you’ve thought about purchasing one but don’t feel you have enough information, contact us directly. We will be happy to help you navigate the acquisition process.