Overview
The rapid growth of aircraft management programs has occurred for two reasons: 1) owners enjoy the benefits of private aviation without the oversight responsibilities and 2) the economics of owning an aircraft have become more attractive as aircraft utilization has increased.
The ownership of an aircraft represents a substantial investment that can offer meaningful benefits if done properly. The first step an owner faces is the choice of a professional management company that will oversee the purchase and ongoing operation of their aircraft.
A good management company serves as your advocate during and after the purchase of your aircraft. A good management company aligns the interests of the owner with their own. The integrity of the professionals you entrust to fly, maintain and manage your aircraft determine the success of the program.
If you are looking for an aircraft management company that will manage your investment with professionalism and total transparency, Arcadia Aviation is your solution.
Aircraft Acquisition
Are you considering purchasing an aircraft? Are you currently in the wrong aircraft and think you might be ready to sell? If you are looking for an honest broker to represent you in disposing of your current aircraft or purchasing the best aircraft currently available on the market, Arcadia is your solution.
At Arcadia Aviation, we specialize in:
- Analyzing your requirements to determine the type of aircraft that best fits your needs.
- Conducting an extensive analysis of aircraft available for purchase that fit these parameters.
- Presenting you with a short list of available aircraft.
- Administering the pre-purchase inspection through a professional 3rd party source that is familiar with this specific type of aircraft and its intended use.
- Negotiating the lease, purchase or sale of your aircraft.
- Registering the aircraft with the FAA.
Arcadia Aviation believes there is a significant case to be made for entrusting the company that is managing your aircraft with the actual purchase of that aircraft. As your aviation partner we have a vested interest in, and accountability for, ensuring that you receive the best aircraft for the investment you make.
Aircraft Management
Arcadia Aviation’s aircraft management program is designed to free you from the operational and personnel headaches that come with trying to manage your own aircraft. Whether you view this as a tool for productivity or a luxury to be enjoyed, let Arcadia’s team of flight, maintenance, dispatch, and accounting professionals focus their expertise on delivering superlative results on your behalf.
Arcadia offers our management customers:
- Total financial transparency supported by detailed monthly accounting.
- Aircraft management programs customized to meet your needs.
- Deep fuel discounts and reasonable hangar rates.
- Dedicated pilots and maintenance personnel for your aircraft.
- Brokerage services to help you acquire the right aircraft for your needs.
- Individualized attention that overtaxed management companies in major metropolitan markets do not offer their clients.
- Discrete, secure facilities with room to accommodate your growth needs.
- Ability to recoup costs with by placing your aircraft on our FAA Air Carrier Certificate (#7AA724L).
- Maintenance performed at our FAA Certified Repair Station (Certificate # A85R859W) to ensure the safety of you and your passengers.
- Friendly, professional and knowledgeable staff available 24/7.
A good management program is backed by superior infrastructure, which begins with the facilities and extends to the dedicated team of pilots, maintenance and customer service personnel overseeing every aspect of the care of your aircraft.
Arcadia owns the hangars, controls the fuel rights, employs the maintenance and line service technicians at each of our locations, ensuring clients receive consistent service and pricing at every Arcadia location during the term of their agreement.
Charter Management
The economics of owning an aircraft have become more attractive as aircraft utilization has increased and hourly operating costs have decreased. There are two ways to achieve full aircraft utilization. Fractional aircraft programs divide the total hours of annual use amongst multiple owners, each of whom owns a share of an aircraft. Full ownership programs allocate utilization between a single owner (two at the most) and a block of revenue producing charter hours flown when the owner is not utilizing their aircraft.
These two ways of managing operating costs – entering into a fractional share or sharing owner/charter hours when the plane is inactive – represent different approaches to cost management. The key here is who gets paid for utilization? In a full ownership program, where full aircraft utilization is achieved through the combination of owner flight time and revenue producing charter time, every hour an aircraft is chartered generates income that can be applied to reduce an owner’s cost of ownership.
In a good management program, where the interests of the owner and the company are aligned, these benefits accrue to the owner. Arcadia views charter as an integral part of a successful management program and a key tool to managing the ongoing operating expense of the aircraft.
Arcadia’s Charter Management Program handles the brokering, scheduling and logistics support for your aircraft. With its centralized dispatch and facilities located at airports that directly serve the top charter markets in the Northeast and mid-Atlantic regions, Arcadia is confident that it will generate the requisite charter hours on your aircraft to meaningfully reduce your cost of ownership.
As the owner, you determine when the aircraft is chartered so it doesn’t conflict with your schedule. You determine who is permitted
to fly in your aircraft.
Benefits of Full Ownership
The primary benefit of ownership is that your aircraft is flown and maintained by your dedicated crew. Your crew should be intimately familiar with your specific aircraft, not merely the aircraft ‘type’. Your pilots should be familiar faces to you on every flight; dedicated to your aircraft, not drawn from a pool of pilots. Similarly, your aircraft should have its own dedicated maintenance technician who knows your plane inside and out. At Arcadia, safety begins with the hiring of the dedicated team that will care for you and your aircraft.
One of the most attractive features of Arcadia’s full ownership program is the flexibility it affords the owner. Hourly ownership costs drop the more the aircraft is utilized either by the owner or revenue paying charter customers. The more an owner flies the more hours he can allocate his fixed costs over, but the fewer hours he has available to generate charter revenue to offset those fixed costs. Conversely, the less an owner utilizes his aircraft the higher the fixed cost per hour is, but the more charter hours are available to offset the fixed cost. The owner is not penalized if he doesn’t use his aircraft as much as intended.
The central features of Arcadia’s full ownership program are:
- Owner remains in total control of his aircraft
- Owner retains full flexibility in how much or little they want to use their aircraft
- Owner is not locked into a fixed number of hours
- Owner is not charged an excess charge if they exceed their allotted hours.
