private to charter
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private to charter
Here`s the situation.
Private owned Gulfstream currently on a VP reg to be based in Dubai. Boss wants to charter it out. Any ideas with the best way to go?.
Also what kind of costs can we expect to gain/loose.Would appreciate any advise on this matter.
Private owned Gulfstream currently on a VP reg to be based in Dubai. Boss wants to charter it out. Any ideas with the best way to go?.
Also what kind of costs can we expect to gain/loose.Would appreciate any advise on this matter.
Join Date: Mar 2004
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"loose" is the opposite of "tight".
"lose" is the opposite of "gain".
"lose" is the opposite of "gain".
Very well put. Anything on topic from your side or just nitpicking?
Eyealess, If `d be you, I´d approach outfits based there for quotes.
What you can gain is pretty much depending on how the boss is doing his bookkeeping and tax situation and how much the airplane can be chartered out. (how flexible is he). Also how is crewing done etcetc. Next you have to think about is for how long you´ll keep the airplane and what you lose on more hours on the airframe.
You can turn any airplane into an winner or loser. Loosely said.
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The question is: what am I (as the owner) prepared to accept in return for a fistful of $$$ when giving my airplane to total strangers?
Optimum scenario: having a trustworthy and efficient broker, management company or operator who assures perfect utilization of my assets without compromising my own transportation needs, having some extra return on my investment and lowering the hourly costs. Crews might also appreciate some extra flights to attractive destinations and a Gulfstream is always popular on the charter market.
Worst scenario: my airplane isn't available when I need it, some nouveau riche customers beat up my interior, empty my favourite Grand Cru Classée, trash my beloved Christofle plates or leave holes in my furniture with their cigarettes, things break down more likely, crews are pissed off because they have to work more (for the same money, that is) for passengers with little or no etiquette, extra training for the crews required ('dangerous goods'), definitely more paperwork, more money to the management company and maybe even more people to be hired (= maybe more problems).
Bottom line: whenever I can afford it, always keep my airplane to myself or my family, friends etc. When my boss approached me with such funny ideas, I might start to get worried...
Optimum scenario: having a trustworthy and efficient broker, management company or operator who assures perfect utilization of my assets without compromising my own transportation needs, having some extra return on my investment and lowering the hourly costs. Crews might also appreciate some extra flights to attractive destinations and a Gulfstream is always popular on the charter market.
Worst scenario: my airplane isn't available when I need it, some nouveau riche customers beat up my interior, empty my favourite Grand Cru Classée, trash my beloved Christofle plates or leave holes in my furniture with their cigarettes, things break down more likely, crews are pissed off because they have to work more (for the same money, that is) for passengers with little or no etiquette, extra training for the crews required ('dangerous goods'), definitely more paperwork, more money to the management company and maybe even more people to be hired (= maybe more problems).
Bottom line: whenever I can afford it, always keep my airplane to myself or my family, friends etc. When my boss approached me with such funny ideas, I might start to get worried...
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Thanks for the input from everybody thus far.
Flight ops. Thanks for the nudge.I`ll try and not use the English language so loosely next time.
Anybody recommend an operator/charter with an AOC in DXB with excellent client base and reputation. Was thinking maybe Jet Aviation?.
Someones also mentioned very kindly via pm of an Isle of Man reg?.
Flight ops. Thanks for the nudge.I`ll try and not use the English language so loosely next time.
Anybody recommend an operator/charter with an AOC in DXB with excellent client base and reputation. Was thinking maybe Jet Aviation?.
Someones also mentioned very kindly via pm of an Isle of Man reg?.
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Try DC Aviation in Germany (www.dc-aviation.com). They already operate G450/550, have other aircraft based in Dubai, train their Gulfstream-crews there and operate commercially.
