Business metrics are an important part of effectively managing a business. It goes beyond the basics of costs, revenues and profits. One such calculation is return on investment or ROI. ROI has many uses and can be applied to both invested capital as well as investments in human capital. The capital of the brand, people,…
DetailsThese are two terms that used interchangeably however they should not be. While they look the same they are different. Private Aviation is transporting passengers on private aircraft for either business or pleasure. Generally, private aviation is a very broad reaching term. Business aviation is much more narrowly defined. It is using the same private…
DetailsArnold Palmer is often credited with being the first golf professional flying to tournaments in his own plane. However, it was Johnny Bulla and a few golf pros who bought a war surplus C-47 to fly himself and fellow golfers to tournaments in the late 40’s. One of the first time shares?! This year at…
DetailsAviation will always be in the cross hairs of those who do not fully understand the value of the benefits and see the plane as a luxury. While study after study has proven that those with a plane produce higher revenues, grow faster and have better returns for their investors, to a small vocal few,…
DetailsTwo thirds of the aircraft’s value can be attributed directly to the chronological age of the aircraft. The remainder becomes the value of the engines and maintenance. At the 20 year point plus or minus, most planes are at the portion of their life that a majority of their value is in the last third…
DetailsFor companies who are flying 20+ year old jet aircraft they are facing some hard decision points. Do they keep flying the current aircraft and spend $500,000 to over $1,000,000 to fly in portions of the world and airspace now or to be ready to fly in certain US airspace in 2020? In addition, some…
DetailsWhat and where do Hawker 800XP, 850XP & 900XP owners go when they need to upgrade? Having worked for Hawker Beechcraft for 28 years of which the last 16 of those years I sold Hawkers I feel like I am uniquely qualified to assist Hawker owners transition to their next plane. Hawkers were the most…
DetailsThinking that an activity that you do once in a while, using information from the internet and broker discussions when they are trying to sell you something, gives you enough knowledge to compete with professionals that do this for a living. That is like playing golf with Tiger Woods and not asking for strokes. Knowing…
DetailsThis is a story that unfortunately I can not find the author for proper credit. I think it has great meaning. There was a King in a small country who was set to execute a prisoner. Before the execution, a Prince from a nearby country was traveling through the area and the King invited him…
DetailsHow to get the most out of your limited time at the NBAA static display. The NBAA convention has so many things to see, break out sessions and people to see it can be hard to stay on track. The static can even be more hectic with the many product offerings and often wait times…
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