I'm with Phil...£22k pcm management..wow..good business if you can get get it. What's the industry norm for a management fee on AOC?

I think its the cost of doing business at EGLF and Sim training

Capt & FO £95k
Plus NI/Pension/LOL/Healthcare @ 28% -£26K
Full Service in the Sim x 2 £30K
Hangarage at EGLF £30k
Maintenance for 600 Hours at say £60 per hour - £36K
Insurance £25K for commercial work

Doesnt leave much left over for management fees and to pay the 14 postholders and management/ops staff it needs to keep a modern AOC running, in fact I dont know how they do it for the money.

G-SPOTS,

Unfortunately we work in aviation - the correlation between cost and revenue is often an odd calculation - at the end of the day it still needs to be competitive to other options available.


In your calculations the management fee is fairly cost effective - but the hourly rate very high as it should include Mx, Insurance, parking at BBS (where the aircraft appear to be based.)

PB

Ooh you sound like a Harvard graduate Phil.....you got a suit on today?

Suit me - not guilty M'lud

Phil Brockwell
 

Phil may not be a Harvard Graduate but I would trust both Phil and Martin Barnes with my money (If I Had any)

They have both been in this business for many years and they both are very open with there facts and figures

(NO I am not there Love Child) but have known and trusted them for a fair few years


Regards

Gerry (Ex NEA)

PS DAD(Martin B ) Not had me spends this month

the fact that you don't have any money but would trust Martin and Phil with any money you did have may be linked..

Tom,

Fair point, well made. Anyone else who would trust me with their money, please PM me with the answers to the following qualification questions.

1. The amount you have
a) Lots
b) None
c) None, but Daddy has and the house has a fair bit of equity in it.

2. Would your freinds describe you as
a) Savvy
b) Gullible
c) Charitable
d) A fence monkey

3.) Have you ever considered investing in any of the following.
a) Polly Peck
b) European Business Jets
c) Any other revolutionary business plan for the charter of jets / single engine turbines (yes, that one was me|) etc
d) Other.... which may include JetBird, Blink, Day Jet etc.

Answers on the back of a blank signed cheque please.

PB

Pride comes before a fall :=

Spudflaps -

Not more falls, please, had many of those as you can imagine.

PB

Phil

Honoured that EBJ has it's own special mention; but Christ, we had to carry Moutrie with us all the way. He kept suggesting "ideas" and trying to make things "better". We never even had a fighting chance!

Hi Tom, hope you're well mate! - Steve F

Steve,

I had heard the collapse was down to Moutrie -

Phil

Brokers blow out
 

Was at Ebace last week and the brokers really collectively don't like this firm. They are not going to put any work their way.
*

Combine threads
 

Is it worth combining these threads?

Nope, someone's taken the ball home again......! :rolleyes:

Staff travel
 

I gleaned from the other locked post on Blink and wondered if it was possible to use staff travel from one company as a business tool for another? Is it like an interline agreement of some sort?

There have been one or two posts that come close to the border of libel.

PPRuNe's policy on this is: If you make a statement that is anyway considered contentious and might cause a named name or named company to look to their position as far any possible action against PPRuNe is concerned. It is a requirement that the person making the post will required to provide PPRuNe with their private details such as name and address, email etc. and would therefore be liable for their own costs in any litigation.

Please therefore, be very careful that you do not make comments that can damage both PPRuNe and yourself.

Definition of libel
 

Libel is a published false statement that is damaging to a reputation. If what is written is true then it's not libel. I saw what I saw and several people heard in a communal area what they heard. I've also heard a lot more in the Farnborough crew room on other subjects so I will stand by what I've written.

Say what you like..... just pass your real name address and a contact number on to the people who run the site, so that they can pass it on.

Not an unreasonable request if you're sure of your facts, not having a go in any way.