Aircraft Management Agreement Part 135

كتب - آخر تحديث - 2 ديسمبر 2020

The management, operation and maintenance of a business aircraft is a complex and expensive undertaking. While some aircraft owners are able to hire experienced pilots and mechanics, a good charter manager provides additional resources in conjunction with maintenance monitoring, logistics and flight planning. As a charter customer manager, an owner can often use the purchasing power of the charter manager, which involves overheads such as fuel and insurance. FAA-certified charter managers can generate additional revenue for the owner by chartering the aircraft to third parties, and this will often allow an owner to charter other aircraft in the fleet at a discount. Many flight services are able to manage their own aircraft. A degree of external responsibility is useful for other owners, as a good management company can offer considerable skills, experience and economies of scale. Such a management company will have expertise, “in all areas necessary to protect the owner from risk, reduce costs, maximize revenue, protect assets and provide the service he expects,” said Scott Ashton, Chief Commercial Officer of Gama Aviation in Stratford, Conn. Charter management agreements range from the “turnkey” management of all owner`s aviation operations, including the supply of pilots, hangarage and insurance, to more limited agreements. In a typical agreement, the owner bears all costs of owning and operating the aircraft, including the salaries and benefits of the pilots (even if they are employed by the manager).

If the administrator is certified as an air taxi operator in accordance with the Federal Aviation Regulations (FAR) Part 135, the administrator may lease the aircraft in addition to the management of the aircraft and use it to generate revenue from third parties. A common agreement is for the charter manager to pay/well paid 85 per cent of the third-party charter revenue in the form of lease payments to the owner. 2. Find the right management company. There are hundreds to choose from. More than 750 U.S. management companies are affiliated with the National Business Aviation Association (data.nbaa.org/prodsvcs/directory/search.cfm), although some sell management software or other products instead of management services. Most management service providers are the arms of charters, and both operations cooperate. Air service employees, other aircraft owners, airline brokers and charters can identify excellent candidates for the position. When reviewing an aviation management agreement, aircraft owners must carefully analyze both the type of charter management agreement and the specific charter manager who will operate the aircraft.

Compliance with FAA legislation, revenue generation, tax impact and insurance coverage are some of the most important components of the analysis. It is particularly important to determine the mark-ups or mark-ups that must be imposed by the charter manager, which may not be easily identifiable. The owner of the aircraft should inquire about these issues with appropriate legal and accounting advice in order to conduct productive discussions and negotiations with charter manager candidates. The information contained in this warning is intended for education and the knowledge of our readers. It is not intended as the only source of information in the analysis and resolution of a legal problem and should not be used as a single source of information. In addition, the laws of different jurisdictions are different and constantly evolving. If you have any specific questions about a particular situation, please contact a competent lawyer. An owner often benefits from the fact that he hires his aircraft in the insurance of the fleet of a charter manager. The administrator may have higher liability limits and lower premiums than the owner alone could receive. However, it is essential that the administrative agreement and the actual insurance statements that add the owner to the policy cover the