Today, aviation safety concerns aren’t confined only to flight operations. Internet security also is an issue – the need to keep your as well as your passengers’ and clients’ profile information safe and secure. And that requires staying one step ahead of hackers and phisher-men from anywhere in the world – whether their intent is using that information to grab a competitive edge, to hold your data for ransom …  or to seek revenge. In Prying Eyes Are Watching You, Solairus’ President John King and IT Director Jeff Ritzinger discuss some of the critical steps required to keep those data out of sight – and away from hackers’ prying eyes. When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments.

Business Aviation Advisor Magazine

Prying Eyes Are Watching You!

Thanks to the pandemic and resulting surge in charter flying, there’s been a huge increase in the number of anonymous online charter brokers. They may have no aviation credentials or commitment to safety… but do have excellent wire transfer payment skills.  In The Broker Behind the Internet Curtain, NATA’s Ryan Waguespack and Glenn Hogben, CEO of at the Air Charter Association, detail how to avoid the safety AND financial risks of booking travel on these all-too-often-deceptive sites… or allowing such brokers to book travel on YOUR aircraft! When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments.

The Aircraft Broker Behind the Internet Curtain

The grass may not be greener on the other side of the fence – but today it’s a different story when you’re talking about the airport perimeter fence line. That’s because the entire aviation industry – from fuel producers and FBOs, to airframe and engine manufacturers, to aircraft operators – are working hand-in-hand with Sustainable Aviation Fuel (SAF) producers like Neste, to reduce business jet and turboprop carbon emissions. In ”SAF Gets the Green Light, Keith Sawyer, AvFuel’s Manager of Alternative Fuels, and Pratik Chandhoke, Neste’s Technical Services Manager, Renewable Aviation, discuss how SAF helps turbine aircraft owners lower their carbon footprint and further minimize their impact on the world’s climate.

Aviation Fuel Gets a Green Light

Once it was ubiquitous, displayed on bumper stickers on cars parked at flight schools, as well as found on tee shirts, backpacks, and notebooks. “Will Fly For Food” was not just a tongue-in-cheek motto for those learning to fly. It underscored a career aspiration that put them in direct competition with the thousands of retiring military pilots entering the private sector. But no more. The Boomer Generation of pilots is retiring, and competition between airlines and business aircraft owners is hot – and expensive! In “Will Fly For Food No More,” Northstar Group’s Craig Picken and Chris Broyhill of Citadel Consulting discuss the growing professional pilot shortage, and what trends dominate flight operation recruiting efforts. When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments. Thanks for reading – and listening!

“Will Fly For Food” No More

This may not be your first aircraft – and after this past year, it’s probably not your last. So it’s critical that you establish a relationship with an experienced and capable maintenance service – one that can keep you flying safely and efficiently, regardless of what make and model – and age – aircraft you’re currently operating. That can mean working directly with an independent shop – one with technicians trained, certificated, and authorized to inspect and repair a wide variety of makes and models, both new and preowned. In Wrenching Decisions, David Davies, CEO of Constant Aviation, details how building that kind of reliable relationship with an independent maintenance provider can be beneficial in the long term – for both scheduled and unscheduled events!  When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor “Above and Beyond” podcast series to get you the information you need, enabling you to make the most of your aviation investments.  Thanks for reading – and listening!

Wrenching Decisions

When it comes to aircraft maintenance, you’ve got lots of choices. For new aircraft, the decision can be pretty simple; it’s under warranty, so your most cost-effective choice likely is taking it to a factory-owned or factory-authorized facility. But once out of warranty – or absent an hourly-cost-maintenance program – the “where-to-go” decision for service becomes a bit more complex. In Homeward Bound, Bombardier’s VP OEM Parts and Services Chris Debergh details why bringing your aircraft back to the manufacturer’s facilities can be the logical choice for both scheduled and unscheduled maintenance. And how those maintenance decisions can have an impact on your aircraft’s future market value.

Homeward Bound

It’s so tempting. The inventory of preowned turbine aircraft for sale was down near 7.2% in late March, according to JETNET. This might be a great time to sell or trade your current aircraft, as market values appear to be near all-time highs. Market value depends not only on total hours flown, but also on your aircraft’s maintenance record: how close it is to major inspections, overhauls, updates, or refurbs. In Past Maintenance Predicts Future Value, Asset Insight’s Tony Kioussis discusses how to calculate the impact of your aircraft’s current maintenance condition on its current and future market value – and how to use those data to manage your investment maintenance. 

Past Maintenance Predicts Future Value

Decisions, decisions… with so many new aircraft makes and models coming from the manufacturers, you’re faced with some major near term aircraft investment decisions. Do you trade up – or refurbish and upgrade?  Buying new can mean waiting for a delivery slot. So whether you plan to trade, or keep flying your current aircraft, now is an excellent time to upgrade your aircraft: to preserve its value – and improve its buyer appeal and trade-in value. In this podcast, Improving Your Pre-Owned Position, Flying Colours’ Kevin Kliethermes discusses how investing in refurbishment and overhaul (MRO) will help you “future-proof” your aircraft’s value –  with the latest in technology and cabin comfort – whether for your own use, or trade-in.  When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor “Above and Beyond” podcast series to get you the information you need, enabling you to make the most of your aviation investments.  Thanks for reading – and listening!

Improving Your Pre-Owned Position

Whew! We sure are glad to see 2020 in the rearview mirror. Fewer than 600 new business turbine aircraft were sold, and only 2,470 retail pre-owned aircraft deals consummated. And that’s despite a hectic December, as fears that the 100% bonus depreciation would be canceled drove buyers to close by yearend. So what does 2021 hold for aircraft owners and charterers? What does it mean for you? Join me and guests Rolland Vincent of Rolland Vincent Associates and JETNET’s Paul Cardarelli in Business Aviation Advisor’s 2021: Off To The Races…Or Just Off? as we explore the forecast for new and pre-owned aircraft price and sales activity.  When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor “Above and Beyond” podcast series to get you the information you need, enabling you to make the most of your aviation investments.  Thanks for reading – and listening!

2021 – Off To The Races… Or Just Off

Great question – particularly now, when seven worldwide business aviation trade groups have united to inform you about the dangers inherent in illegal charter, via the newly created the Air Charter Safety Alliance (ACSA).  But what is illegal aircraft charter? And what do aviation’s regulatory enforcement agencies have to say about the very real – and very expensive – safety risks that arise when you sell or buy charter “under the table,” or fly on an FAR Part 91 “borrowed” aircraft. Listen in as Greg Lander, FAA Enforcement Branch Attorney; and Ryan Waguespack, NATA’s Senior Vice President; define what constitutes illegal charter, and discuss the FAA’s renewed enforcement efforts to combat it. When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments.

Illegal Air Charter – Is It Worth the Risk?

A lot can happen in three years. That’s how long it’s been since Shaesta Waiz became the youngest woman to fly solo around the world in a single-engine aircraft – and that was after becoming the first certified female civilian pilot from Afghanistan!  That 2017 trip has inspired thousands of young women to follow their dreams thanks to Dreams Soar, the nonprofit organization she founded to promote both STEM and aviation careers to young women. Listen in “Solo Inspiration,” as Shaesta tells the story of how her family’s flight from Afghanistan set the stage for her record-setting around-the-world flight, supported by a broad range of aviation companies – including Jet Support Services, whose Senior Vice President George Kleros provided counsel and support throughout the flight.

Solo Inspiration

He was a toy mechanical man, popular in 1960s through the 1980s. When wound via an oversized key in his back, he could walk, swing his arms, ring a mounted bell – and say “Ah!” every few steps. Mr. Machine performed with precision, but had no ability to improve, doing only exactly same thing, in exactly the same way – over and over again.  Improvement depends on an ability to collect, analyze, and apply data to real life. And that depends on intelligence  – natural… or artificial.  In Artificial Intelligence Applied, My Sky’s Jean de Looz details how Artificial Intelligence is revolutionizing the way aircraft owners and operators today collect, analyze, and apply data in real time to improve performance and cost control.

Artificial Intelligence and Your Aircraft

Business aviation is all about saving time –  you fly according to your schedule, departing and arriving at your convenience.  But convenience is only part of the timesaving equation. You need speed and comfort to make your travel time effective, and get the most out of life – in the air and on the ground. In Designed for Speed – and Comfort, Embraer’s Jay Beever and Porsche Design’s Roland Heiler discuss how their companies came together to create the interior and exterior features shared by the Duet: a limited edition combination of the Phenom 300E and the Porsche 911 Turbo S.  When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor Above and Beyond podcast series to get you the information you need, enabling you to make the most of your aviation investments.

Designed for Speed – And Comfort!

Business aviation travel has gotten very personal during the past several months.  With severely reduced airline schedules and pandemic fears dominating air travel, more HNWI and UHNWI folks are turning to business jets and turboprops to meet their family flying requirements.  The National Air Transportation Association estimates that 90% of today’s turbine aircraft travel is personal, much of it from first time users. And it’s up to their Family Office executives to help them select the safest and most cost-effective option: charter, jet card, fractional, or aircraft ownership. In It’s a Family Affair, PNC Aviation Finance’s Keith Hayes and PNC Financial Services-Hawthorn’s Alexandre Monnier discuss what Family Offices need to know, to help them manage their clients’ growing use of business aircraft travel – and avoid the illegal options! When there’s more to be said than space and copy deadlines allow, you can rely on the Business Aviation Advisor “Above and Beyond” podcast series to get you the information you need, enabling you to make the most of your aviation investments. Thanks for reading – and listening!

It’s a Family Affair

To ensure your travel safety and that of your family and business associates, you’ve invested millions in your aircraft. Its annual operating budget likely runs to seven figures, with more than fifty individual line items. From catering to fuel to en route maintenance, there’s lots of room for invoicing error. And unfortunately, lots of opportunity for fraud as well. In The $10,000 Tuna Sandwich, Deloitte Forensic Advisor Mike Brodsky and I discuss how and where that opportunity makes you vulnerable to overcharging and worse – and how keep a watchful eye on all those expense lines!

The $10,000 Tuna Sandwich

When there’s more to be said than space and copy deadlines allow, it’s our job at Business Aviation Advisor to get you the information you need, so you can make the most of your aviation investments. And stand by for more online conversations and webinars with BAA contributors. Tune in to Business Aviation Advisor’s informative podcast series, on the business of owning and flying business aircraft – from entry portals, to acquisition and operations, to management, insurance, finance, and more.

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Business Aviation Advisor Magazine

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