Business & General Aviation Aircraft Operating Costs
David Wyndham joined the firm of Conklin & de Decker and helped the consulting company become an industry authority on Business & General Aviation aircraft operating costs. Now working with Par Avion, David discusses Aircraft Operating Costs with Asset Insight, including:
- Identifying the different types of operating costs, and how an operator should view them.
- Identifying Variable, Fixed, and Other Costs an operator should keep in mind.
- The reasons for tracking aircraft-related expenses on a Cost per Hour and a Cost per Mile basis.
- Understanding the cyclical nature of maintenance.
- The items to consider when operating under a “low utilization” environment.
- What owners and operators are most likely to misunderstand when it comes to operating costs.
- Improving understanding and communication when it comes to costing.
- Structuring an operating budget.