Aging Aircraft Considerations
When aircraft age becomes a consideration for you, there are several aircraft-specific factors that influence a sound replacement strategy.
Aircraft Delivery Delays
VanAllen’s most recent poll showed that over 80% of respondents experienced a delay in their most recent new aircraft delivery. Many of those were in flux right up until the final delivery time. So while you may have negotiated the aircraft deal that made financial sense, did you properly consider the risks associated with delivery timing? Most new aircraft purchase agreements include excusable and non-excusable delay provisions that afford the manufacturer a large delivery window without penalty. Delays can create significant costs and frustrations to the buyer.
Podcast – Human Capital Gains
Without people, airplanes don’t fly. Owning, maintaining, and managing business aircraft is complex, and most focus on the physical assets, technology, and financing. But the “human capital” – the people who fly, maintain, and service the aircraft – are just as important. Listen as Jeff Agur and Don Henderson discuss how bizav’s success depends on how well the people aboard the aircraft and on the ground are chosen, how they are trained, and how effectively they communicate with each other, in Human Capital Gains.
Leadership
Don Henderson offers his insights about Aviation Leadership in this video. He will talk about what to look for in an aviation leader, outsourcing leadership and whether or not the aviation team leader should be a pilot. Don’s experience as an aviator, plus decades of consulting with Aviation Departments makes this expertise invaluable.