Owning a plane and the corresponding service needs for it does come with the price tag. However, it is very possible that your upper management team can benefit and even profit from having Aircraft Management Services manage your investment. Consider how much corporate executives are paid. Often they are scheduled for multiple meetings within the same day and often at multiple locations.
Flying commercially is a very time-consuming process and you may only be able to get to one destination per day. Often executives have long layovers and may have to spend the night to catch the next flight. How much does anyone of your management team make in terms of salary? Let's take a real-world view. If a CEO makes $250,000 per year, he is making approximately $120.00 per hours.
| Cost of First Class Ticket |
$1250.00 |
| Arriving Two Hours for Security / Check-in |
$240.00 |
| Two Hour Lay-Over First Stop |
$240.00 |
| Two Hour Lay-Over Second Stop |
$240.00 |
| Waiting at Baggage Claim |
$120.00 |
| Hotel Stay for One Night |
$200.00 |
| Other Expenses |
$200.00 |
| Total |
$2490.00 |
Imagine if you have three or four executives that need to be at this particular meeting. With commercial airlines, they may literally lose two days of productive working time. In addition, it is expensive to fly using your own plane, but it is also expensive to fly commercially.
Most importantly, what is time worth? What if you could add an additional month to your calendar to get things done? Aircraft Management Services may be the answer.
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