Part of a business aircraft�s value is that it flies on your schedule. If the aircraft is not available for service, cannot fly due to a mechanical problem or is significantly late departing, its value is compromised. The terms reliability and availability measure how well the aircraft satisfies your transportation needs.
Whether to use chargebacks and how much of the aircraft costs to charge are important considerations in the management of a business aircraft. As chargebacks can drive utilization, tread carefully!
After fuel, aircraft maintenance is typically the largest part of the operating cost budget for a business aircraft. However, maintenance should not be looked at as solely a cost by the corporate user. Here’s why.
Business aircraft are amazing. They are capable of speeds approaching that of sound, range exceeding that of most airliners, and comfort and convenience that make every trip productive and restful. But there are limitations that must be respected and followed.