Category: Private Jet Management

Flying private is a luxurious experience. If you have a private jet you can sail high above the clouds in a plush leather seat making conference calls and whisking yourself off to an exotic destination.

Executive jet management is the term used to describe all of the services that are offered through an executive jet management company. An executive jet management company takes a different approach to the relationship with its owners.  

The company approaches it more as a partnership with the owners where they provide the asset and the company provides the expertise and the resources to make sure that the asset operates efficiently for them.

So when you take your aircraft to an executive jet company they take the time to sit down and figure out what you want and what you need and what your goals are both operationally and financially. Also, it offers advantages of ownership without the pressure of handling complex day-to-day operations.

Private Jet Management Services

Executive jet management plays an essential role in luxury travel and makes flying privately safe and efficient. 

Flight Planning and Ground Transportation

An executive jet management company arranges flight planning and ground transportation. Their team efficiently arrange your travel down to the last detail. The client’s flying experience starts from the time they leave their home or office to go to the airport.

When they land, their excursion goes on until they arrive at their final destination, regardless of whether it be their home or a hotel. The entire excursion from one place to another is a calm and pleasant experience.

Maintenance

An aircraft needs maintenance from time to time. However, when the need for maintenance arises, a jet management company will be sure to have expert mechanics to handle the job. 

Aircraft needs more than just refueling. When you are in the air, you want to know that the jet you are flying in has been taken care of – from routine maintenance to deeper, proactive repairs. Novice mechanics have a lot to learn. That is why management companies also seek out the most experienced experts in the field to go over every detail of the jet before it ever leaves the ground.

Charter Operation to Boost Revenue

An executive jet company can help you to boost revenue while you are not using it. Managed aircraft need owner approval before the aircraft management company can sign a charter contract with a consumer or broker. 

In some cases, it’s a blanket approval, although more often it’s for time periods updated month by month, week by week, or even for each individual request.

That way, you can get a steady and predictable revenue flow from your jet even if you are not using it.

Flight Crew

Private aircraft usually require one flight attendant, but you can request two if preferred. The flight attendant assigned to that aircraft usually flies with the owner regularly and knows the aircraft. For instance, they’ll know where the supplies are, how the galley equipment operates, and how to convert seats to beds where possible.

An executive jet company takes care of the training, payroll, scheduling, and insurance. In case you are not satisfied with the performance of your existing crew the jet company will source a crew from their pool of industry-leading aviators.

Federal Aviation Administration Requirements

Air charter operations — also known as commuter and on-demand operations — require a higher level of FAA pilot training and certification, aircraft maintenance procedures, and operational safety rules, than pilots who may take family or friends for an airplane ride. FAA inspectors perform more frequent periodic checks on air charter companies’ pilots, crewmembers and aircraft than they do on private pilot operations. And charter companies’ crewmembers must undergo regular proficiency checks to maintain their FAA certifications.

An executive jet management company exceed FAA requirements while aligning your private jet with domestic or international travel regulations.

Advantages of Business Jet Management

If you own and operate a private jet, you already know that managing your jet is not only expensive but can also feel like a full-time job. If you are tired of wasting time, money, and resources overseeing your private jet, you may be ready to tap into the many advantages that come with using executive jet management services. Using aircraft management services will give peace of mind to you and your passengers. 

Managing your private aircraft can feel like an overwhelming task. What are some of the advantages and disadvantages you might see by hiring an executive jet management company? A few of those advantages and disadvantages are as under.

Cost Savings

Professional management providers can leverage group rates for their partners on various amenities such as fuel and maintenance allowing them to pass on potentially significant savings directly to jet owners.

Rigorous Commitment to Safety Standards

A high-performing aircraft management company will offer an unwavering commitment to superior craft safety, security, and operational performance.

Reduced HR Obligations

Working with an aircraft maintenance partner to staff your plane does more than grant you access to industry-leading professionals. It can also reduce many of your company’s HR responsibilities and risks. 

Essential Services and Offerings to Look for Screening Companies

The screening potential partners look for 24/7 on-duty flight coordinators for around-the-clock scheduling. It maximizes passenger convenience.

Additionally, you will also want to make sure that your management crew also offers a private passenger terminal and heated aircraft hangar to drive traveler enjoyment and satisfaction throughout the entire flying experience.

Disadvantages of Business Jet Management

The disadvantage of hiring an executive jet management company is cost. Paying for an executive jet management company is yet another expense associated with owning an aircraft. However, in comparison with many other aspects of ownership, it is insignificant.

For large and established businesses, paying a high price for chartered flights is not a problem. These trips are an investment for them. However, startups, small businesses, and personal flyers may not be too comfortable about the costs. It’s good then that many private jet charter companies offer several options for passengers looking for a practical investment.

Anyone who has owned an aircraft is aware that selecting and leasing the right aircraft hanger and FBO services for your private jet should involve in-depth research and careful consideration before arriving at a decision. 

Despite the fact that there may be thousands of privately owned jets across the world, most private jet owners don’t give a second thought as to where these are stored when they are not in use. However, to preserve these expensive machines in the best condition possible, it is essential to store them effectively. 

Below are a few things to consider when renting or selecting the right aircraft hanger and FBO for your private jet.

Location

Location is an important factor to consider when it comes to renting an aircraft hanger. The biggest benefit of owning a private jet is a great amount of timing flexibility and freedom. Your jet needs fuel even to get started. So selecting an aircraft hanger close to your home or place of business should be your first priority. 

Airplane Size

Finding the right hanger for your private jet depends on the size of your aircraft. Hangers come in many different shapes and sizes and finding the right one for your aircraft can be tricky. 

The two most common hanger designs are a T shape, which fits the plane snugly, or a rectangular shape that allows for a little more room in the hanger when the plane is parked. Both designs are good, so the best hanger design depends upon your specific needs. 

A hobbyist may prefer a T design, while a hanger from a corporate plane might find a larger rectangle hanger better because it gives them a little more room to move around.

Maintenance

Hangers at urban airports are more expensive than the ones at regional airports.  It is because all urban airports have 24/7 access to repair stations.

Whereas most hangers at regional airports do not offer 24/7 access to repair stations. If the airport doesn’t offer easy access to a repair station you will have to spend a lot of money whenever your plane needs repairing and maintenance.

Protection from Natural Elements and Theft

One of the most important benefits of an airplane hanger is that it will lower the overall costs of maintaining your aircraft. Storing your aircraft lowers the cost of flying significantly in several ways. Exposure to the sun, wind, snow, and hail can cause costly repairs. An airplane hanger will help reduce wear and tear on the paint and upholstery exposed to damaging UV rays.

Aircraft hangers are formed to combat hot weather and snowstorms so keeping your private jet in a durable hanger will keep it in excellent condition. It will also protect you from the theft of aircraft and equipment.

Is Chartering an Opportunity?

Charter is a great idea to outweigh specified costs acquired, nevertheless of how often or seldom you fly your jet. The easiest way to make jet revenue and offset your ownership costs is by offering your jet for charter when you are not using it. 

To do this legally, your jet must be added to an FAA Part 135 Air Carrier certificate.

Resilience

If you are searching for a permanent aircraft hanger, purchasing is a good choice. If you are on a tight budget or only need a hanger for casual operation, renting is your finest pledge. 

Forming a hanger can be an excellent choice if you have the time and resources available but it is essential to evaluate the advantages and disadvantages thoroughly before making a decision.

Renting an Aircraft Hanger

Renting an aircraft hanger offers a range of options. Which one suits you revolve around cost and risk resistance.

Shared Airport Hanger

Parking your airplane in a shared FBO Airport hanger is an affordable option. Airports have a greater supply of space, allowing them to store more planes. Thus, reducing the cost per plane parked. Easy access to an FBO makes maintenance and repairs a breeze.

There are a few downsides to sharing space. All the aircraft parked in the hanger are vulnerable to hanger rash. The term refers to harm to a jet because of inappropriate chore checking. Hanger managers use tugs to position aircraft. 

Positioning aircraft requires a group of four paying special attention to each corner of the aircraft. Operating in this manner forestalls harm to the aircraft. Parking two planes close to one another could cause a little dent. However, a dent in the aircraft isn’t similar to a dent in a car door. Any bargain to the basic stability of a jet can draw fatal consequences for the flight.

Other than hanger rash, you could likewise find that the airport hanger is at the maximum capacity. Flight delays occur for a bunch of reasons, yet that could abandon you with no spot to park your jet.

Outdoor Tie-Down

Not technically “hangering,” this may be a good option in areas where the risk of weather damage is low. Tying down an aircraft that is stored outside reduces the risk of damage from strong winds that could cause damage to the plane. The cost of a tie-down is usually significantly lower than hangering.

However, keep in mind that aircraft threatened by natural factors will probably experience more wear and tear and demand more upkeep and repairs than those kept indoors.

Shared Private Hangers

Many private individuals have hangers that can store multiple aircraft. The expense of renting a shared hanger from a private individual is reasonably low.  Sometimes, the private individual adds services like maintenance as part of the contract, which can boost the value of this option.

Individual Rented Hanger

Renting a hanger where you only store your airplane gives maximum assurance with minimal risk of hanger rash. But that assurance is not cost-efficient. The individual rented hanger is the most exorbitant type of aircraft storage. 

Also, it is difficult to track down private hangers for rent in certain areas. However, if your primary concern is safeguarding your airplane investment, an individual rented hanger may be the best approach.

Get Top-Grade FBO Services & More!

Interested in aircraft hanger storage for your private jet? Contact Sun Air Jets today! We’ve got you covered with our award-winning FBO services at our Camarillo airport, complete with plenty of amenities and features.

If you own a private jet, then you will undoubtedly have heard about private jet management. Choosing a provider can be a big decision, and you may not be sure that it is the right move for you. The truth is that private jet management is important and will allow you to get the most out of your investment. Today, we will take a look at what private jet management is, highlight some of the benefits, and show you what it can provide.

What is Private Jet Management?

Private jet management is the utilization of a third-party company that will oversee, run and manage your asset. They will deal with most tasks, both big and small, to ensure optimal availability for your aircraft, as well as making sure that it is fully maintained and crewed so it can be used. 

Let’s go into the above in a little more detail. 

What does Private Jet Management Provide?

The good news about private jet management is that you can find a whole range of useful services that, individually, could mount up and become very time-consuming. You can expect to find the following services as part of a usual aircraft management package: –

• Maintenance
• Crewing for each flight
• Crew training
• Billing and invoicing
• Aircraft certification
• Insurance
• Security
• Storage and hangarage
• Refueling
• Aircraft utilization and optimization
• Flight planning
• Cleaning and stocking
• Onward travel and logistics
• Flight booking

If you take any single one of the above points on this list, you’ll be able to see just how much value you get from a private jet management company. Each of these points is normally quite broad and time-consuming in scope. 

When looking at things like flight certification and maintenance, it also pays to remember that this isn’t optional but is a legally mandatory requirement.

Flight crewing and training is also an area that requires dedicated specialist knowledge to arrange and manage.

As the above list demonstrates, you are getting quite a lot in a single package.  

Is Private Jet Management Expensive?

While not strictly ‘cheap,’ the true answer to the question of the cost of private jet management is that it depends. Different companies have different rates, and it is well worth noting that the cheapest option might not be the best for you.

Take a look at the above list of services you can expect. You may very well find that certain companies do not provide all of the above services, so although they at first appear cheaper, there may be gaps in how well your aircraft and its operation are taken care of. 

Other variables include how you intend to use the jet. Charter services will help to offset the cost by generating revenue when you are not using it. It is well worth remembering that adding airframe hours to an aircraft will lower its value. Private jets rarely run on a cost-neutral or profit basis. 

The Benefits of Private Jet Management

There are several reasons why it makes sense to utilize private jet management companies. Here are a few that you may want to consider: 

Simplicity

Part of the advantage of flying private is that you can go where you want, when you want. The aircraft needs to be available with little notice for that to happen. A private jet management company can make this a reality. 

With as little as an email or phone call, you will be able to find your aircraft prepped on the apron, fueled up, with a crew, and ready to go. It couldn’t be any simpler.

Safety and Legal Compliance

As we stated above, aircraft require almost constant maintenance to ensure that they are safe and airworthy. This simply must be done. 

By utilizing a private jet management company (many of whom have their own in-house maintenance team), you can ensure that the work performed on your aircraft is to the highest possible standard. You’ll also be able to see a private jet management companies safety records, so you’ll know that you are in good hands. 

Availability

The aircraft should ideally be available when you need it. A good company will discuss your requirements with you to ensure that there is never a scheduling conflict, allowing you to travel when you like.

You will be able to choose what type of management you are looking for. There are many options and plans available for providing charter services. 

A good private jet management company will work with you to ensure the perfect solution. Inflexibility in a company can mean that you are getting few of the benefits while they reap the rewards

It Could Save You Money

There is a lot of money in private aviation, and many of the services, when purchased individually, can soon add up to an astronomical sum each month! By utilizing the services of a private jet management company, they will have experience of where the best services for your aircraft can be found at the most cost-effective price.

As a result, they will be able to pass some of this saving onto you.

Sun Air Jets offers private jet management services and a range of options to suit you as an owner. With modern facilities, an award-winning safety record, and the ability to provide expert maintenance, we are the go-to choice. 

If you would like to know more about our private jet management options, you can find more information on our website, or alternatively, contact us, and we will be happy to assist you.

There are numerous benefits to owning a private jet. Flexibility, comfort, and being self-sufficient are all wonderful features. But protecting your investment and knowing that you are in safe hands should come as part of the package.

In this article, we will explore some of the key factors you need to consider in order to understand how to choose a private jet aircraft management company.

How to Choose a Private Jet Aircraft Management Company

As a private jet owner, safety should be your overriding consideration above all others. When choosing a private jet management company, you want them to reflect this mantra too. Everyone will want your business, but it is up to you to do your due diligence and ask the relevant questions.

You’ll want to consider the following:

• Does the private jet management company have things such as ‘just culture reporting’? 
• Do they have a safety management system?
• Are they audited by third parties on their safety culture?
• Is there an accountable person with regard to safety?
• What is the history of the company?
• Is the private jet management company fully compliant with regard to FAA rules?

Here are some things you need to consider in order to understand how to choose a private jet aircraft management company.

Costs

Of course, it isn’t going to be cheap. That doesn’t mean that you shouldn’t look for great value when choosing a private jet management company. It is well worth investigating all of the costs before choosing. Here are some areas that might seem small but will add up to a greater whole and can be quite variable across the industry: –

Crew Costs

How much does the management company pay their pilots and crew? Is it the ‘going rate’, or do they offer extras that would likely be conveyed to potential owners? 

Administrative Charges

From rostering and scheduling to aircraft utilization and billing, some companies charge for every individual decision, while others include it as part of the package. Is maintenance oversight included? Scheduling and dispatching? As a result, managing and administrating how the aircraft is used can often come with additional associated costs.

Insurance

It is well worth checking insurance liabilities and what is offered. Some companies base the premiums on the value of the hull, and others are limited in terms of what they do and do not  cover. If you need to call on insurance, the time to find out the limits of coverage isn’t after something has already happened. 

Hangarage, Parking Fees, and Extras

While it may seem relatively trivial smaller fees such as hangarage and parking can soon add up, especially if the jet isn’t being used regularly. Additionally, does the management company have hangarage available or will your aircraft be parked outside when at its home base?

Fuel is also a big consideration. If the base of your chosen operator charges above the going rate for fueling the aircraft or adds supplements, then this can soon begin to add up if the jet is being used often.

Pilots

Is your aircraft in safe hands? Most likely, but this is worth considering when choosing a private jet aircraft management company.

You may have a preference for your own pilots. However, some companies can offer to utilize them as part of the package. 

Alternatively, you might require a greater degree of flexibility. For example, many management companies have a pool of cross-trained pilots over several different types of jets. They are also responsible for managing the finer details of a pilots ‘employment’ such as benefits, terms and conditions, and HR considerations.

Chartering Options?

If you seldom use your jet, you can consider using a management company to charter the aircraft. This will allow them to utilize it when you aren’t flying the aircraft for your own trips. The upsides of this agreement are that you might be able to reduce the cost of owning and operating a jet.

However, it should be noted that there is a downside depending on your charter agreement. If you find that the aircraft is being utilized more often, you can sometimes expect a significant increase in overhead costs. Limits such as checks based on the number of hours and cycles flown will occur more quickly!

Maintenance

Speaking of hourly checks, you will certainly want to think about maintenance agreements. A well-maintained airplane will save you money in the long run. But hopefully, you haven’t forgotten the very first point we made either? Safety first. 

If your chosen private jet aircraft management company completes maintenance in-house and on-site, this provides you a greater benefit. Your aircraft will be available more often, and as a result, you can enjoy all of the benefits and flexibility that come along with it. 

As a happy aside, you’ll generally find it cheaper and quicker to entrust your aircraft’s maintenance requirements to an in-house management solution than searching for a third-party maintenance provider and trying to coordinate it.

Transparent Billing

Have you ever entered into a service agreement and struggled to understand the cost breakdown? Often the little ‘hidden’ things all add up. 

Ideally, you want an invoice to arrive and immediately be able to see the costs involved. By getting a detailed breakdown, you can closely monitor what you have paid for and why.

Aside from financial implications, you can gain a full sense of trust in your private jet management company by having a transparent billing method. 

Go with Your Gut?

If something looks good and feels good, it probably is good. There is little scope for operators breaking the rules in such a heavily regulated industry and going ‘beyond the pale’. All that said, even with regulation, some companies are better than others. 

How did you feel when you reviewed your options? Who had the information you needed readily to hand, and how were you treated as you made inquiries? Any company that didn’t have time to value you before you were a customer is unlikely to offer any improvement after committing to them.

Knowing how to choose a private jet aircraft management company means treading a fine line between cost-effectiveness, good value, and customer service. There are a lot of considerations and owning a private jet can be complex. However, companies like Sun Air Jets have a wealth of experience in managing private jet operations. With Part 145 maintenance approval, detailed financial reporting, and the ability to manage their personnel, they are an excellent choice for managing your jet. 

Contact Sun Air Jets to discuss your private jet aircraft management today.