Aircraft Charter and Management: An Insider Perspective

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Aircraft Management and Charter (ACM) is a term
used to portray all of the services provided by a
third party aircraft management organization.
ACM, or Aircraft Management can be classified
into turnkey aircraft management on behalf of the
owner only and management of an owners aircraft
for revenue generating charter. 
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Given the presence of COVID-19, there is
currently very high demand for charter services. 
Charter aircraft management services provide
opportunities for individual owner to offset some
of the fixed cost of aircraft ownership by making
the aircraft available for fare paying third
party passengers. While this will not create a
profit center for an owner, it can help defray
the cost of ownership.
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However, before you consider making your aircraft
available for charter, it has to go through a
certification process and be included on a Part
135 Air Carrier certificate or its foreign
equivalent. For this purpose, you can consult
with an aircraft management company. 
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In order to accept charter, an aircraft owner
must grant operational control to the Part 135
certificate holder, in addition, the charter
management company typically provides the
following services ?     Maintenance and repair
management ?     Hiring and management of the
crew ?     Commercial management of other
vendors, such as FBOs ?     Cleaning and
sanitization of the aircraft
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your aircraft requirements, from. Besides that,
if you rely upon a professional aircraft
management company, you will receive a customized
owner statement which summarizes the activities
and economics of the airplane as well as
providing support and documentation of each
charter trip flown, each maintenance event
conducted and every aircraft expense.  
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Also, a professional management company may be
able to provide your charter customers with
multiple types of corporate aircraft as their
mission needs change. Many professional
management companies have large charter fleets
with international charter capabilities. 
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Consider engaging an experienced aviation
management company to assist you in choosing the
best aircraft management company In addition to
the services above, working with a reliable and
trustworthy aircraft management company gives you
access to resources on a continuous basis. Their
team of experts is always ready to assist you
with which fits your needs.
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