CORPORATE AVIATION
ASSET SERVICES
In the current economic climate, corporations are reevaluating all operational costs and expenditures, including the use and effectiveness of corporate aircraft. To ensure that your organization has maximized the potential of corporate aircraft use, SH&E suggests an independent analysis of both your company’s corporate aviation needs and the manner in which you currently satisfy those needs.
Changing Perspectives Require Immediate Attention
The “Big Three” U.S. auto makers recently learned that the media, politicians, and the public do not fully understand the important, legitimate reasons for corporate aircraft use. The outcome of this has resulted in the US Senate penning a bill to authorize financial assistance to eligible automobile manufacturers more commonly referred to as the “Auto Bailout Bill.”
This legislation contains a provision that would prohibit the major auto manufacturers from owning or leasing private aircraft.
Pro-Active Approach to Managing Your Corporate Aviation Needs
It is naive to think that your Fortune 500 company is not under the same spotlight, and susceptible to the changing perspectives of shareholders and government support or control.
To ensure that your organization has maximized the potential of its corporate aircraft use, SH&E suggests an independent analysis of both your company’s corporate aviation needs and the manner in which you currently satisfy those needs.
Through such reviews, SH&E will offer suggestions for optimizing your company’s corporate aviation use based on actual travel needs (including security concerns). We will compare your operating costs, and operational elements such as staffing, training, flight standards, operating policies and above all safety with those of other U.S. firms’ flight departments. Specifically, SH&E will define the most appropriate corporate aviation solution in terms of:
- The size and composition of your fleet, if appropriate
- Use of your flight department vs. outsourcing to an aircraft management firm
- Use of in-house support services (e.g., maintenance, training, dispatch, etc.) vs. outsourcing to specialist organizations
- Use of third-party services (e.g., fractional, card, charter) as either supplemental or primary sources of lift
Managing the message is a vital part of corporate governance today, SH&E will assist you in developing messages to shareholders and others about your company’s use of corporate aviation by describing the benefits and making comparisons to common practices among U.S. companies.
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