Originally Posted by
JOS66
Thanks GF
Question:
Since I am new to this, can you elaborate on the reasons to contract with a company for piloting and operations of the aircraft I buy, verses setting up my own team in house?
Not trying to draw swords just trying to understand so that I make the best decision. I have received conflicting views from a couple of aircraft owners and an aircraft operations business. Which naturally is up selling their services and say that I am better using them.
Naturally safety is on the top of the list.
They can bring experience to the table and economies of scale. If you own the planes, you have to manage a rather, for outsiders, complex asset—regulatory compliance, maintenance controls, financial controls, arranging training, and hiring employees. A management company brings specialists on your side to handle those details saving loads of time and money. They should be able to save you their charges in parts, service and training annually. If you have a pilot out sick or vacation, they can provide a contractor. They should have compliance people to provide safety management, do your FAA compliance. Finally, they can do your trip planning.
Unless, you have some experts in these areas, you’ll save in the long run and avoid a lot of problems. Ask yourself this, do I have the knowledge to interview and select maintenance and operations people? Do you know questions you’d ask? And the answers you want?
GF