Our aircraft management history shows that roughly 50% of the aircraft owners experience economic swings and want to find another revenue stream to help cover aircraft maintenance, upgrades and inspections because they no longer use their aircraft enough hours per year. Often, operators are contracted into a maintenance airframe and/or engine agreement that they sign that has a minimum of X amount of hours per year, and if they only use 85% of those hours per year, they still have to pay for the minimum of X amount of hours. It may be that the operator’s minimum operating requirements were 250 hours per year, but they are only using it for about 175 hours per year – or wasting about 75 hours of engine and maintenance costs.
The main concern an aircraft owner usually has is that someone else isn’t going to carefully watch over, fly, and manage their plane as well as they can. The reality is the opposite when working with an experienced charter operator like EFI. There is usually more risk involved with an aircraft owner singularily owning and operating it’s own aircraft. Why? Resources and experience. The charter operator conducts many more aircraft operations than the individual owner even knows of, has all of the systems in place, and has 20+ years experience. In our experience, 99% of the time, charter operators will do a much more proficient job daily in running the operations, scheduling, detailing, and flying the aircraft than a single aircraft owner can do because there isn’t just one person relied upon. The reality is that when matched with the right charter operator you get an entire aviation team making sure that the aircraft is used to the best of its extent. All this can be easily covered and thoroughly addressed with the charter operator and legally binded through your agreement’s mangement terms and conditions.
All of these costs add up to be many thousands of dollars which the aircraft owner will have to pay out of pocket, anyway, even when the plane sits. It's our experience that there is more value to the owner by matching them with the right charter operator, and this should be clearly spelled out in the agreement signed between the two parties. If you don't choose EFI, we still recommend you work with experienced professionals to help navigate these waters, match yourself with the right operator, and ensure your agreement is structured in your own best interests.
Just be aware that putting a jet in the air costs a lot of money after paying for the crew, maintenance, fuel, airport fees and more. If you're interested in offsetting your ownership and operating costs, we'll charter the aircraft for you. We're IS-BAO and ARGUS safety certified. We will expertly manage the labrynth of rules and regulations for you or your company - thus alleviating these burdens - while helping to offset the cost of ownership to you.
The rigors of personal or corporate travel on the scheduled airlines have caused many business travelers to access the convenience and flexibility of corporate aircraft charters. Since 1981, Executive Fliteways has provided upscale, personalized, seamless service to its corporate and leisure clientele. With one call, email or form submission, immediate itinerary and price information is available from our knowledgeable charter sales representatives, who will also make arrangements for hotels, ground transportation and in-flight catering as required.