gern_blanston
Airport Bum
- Joined
- Apr 26, 2005
- Posts
- 345
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There are many advantages to going with a big management company like CitationAir or NetJets. The majority of their growth over the last 2-3 years has been in the managed jet side of the business. They must be doing something right..
I am getting a midsized jet aircraft (with a bunch of partners). I've had a few proposals for management come my way and I'm Interested in how they are pricing, because they are very different. Anyone know how they derive numbers for management pricing? We only want it under part 91 for now.
Thanks in advance for your expertise.
What constitutes ripping someone off? Charging a fee for doing a job the owner doesn't want to do? There is a lot that goes into managing an aircraft from tracking maintenance to paying salaries and hangar rent to insurance. Some people just want to dump that off on someone and if they pay a fee for it they are fine with it.
I'm not saying all management companies are honest, but it does seem that some are accusing management companies of being crooked for doing a job the owner wants to delegate. If these owners want to delegate, then let them delegate.
I've not priced many aircraft, but I know the last individual I worked for wanted to charter the aircraft and so he looked into management companies. They ranged from $1500 to $3000 for a 16,000 lb turbo prop (plus expenses like the pilot and hangar). I imagine that the larger the aircraft, the more you'll pay, but I don't know that for a fact.
I'm not questioning your ethics personally, but the vast majority of these management companies are run by scoundrels.
What's your evidence?