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.
There are two types of private jet management: –
- Turnkey Aircraft Management
- Charter Aircraft Management
Let’s go into the above in a little more detail.
Turnkey Private Jet Management
This is an all-in-one package, where the private jet management company handles everything about the aircraft. This includes ‘bigger picture’ things such as maintenance and crewing, all the way down to the smaller details. They will literally handle everything.
Charter Aircraft Management
Charter aircraft management is used to effectively ‘hire out’ the jet to other individuals when you aren’t using it. There are many considerations to utilizing this service. Still, it is something that you’ll ideally want a third-party company to do, as it is very involved.
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: –
- Crewing for each flight
- Crew training
- Billing and invoicing
- Aircraft certification
- Storage and hangarage
- Aircraft utilization and optimization
- Flight planning
- 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. Aircraft management charter services will help to offset the cost. The jet will be 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:
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.
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.