airplane loan calculator

Airplane Loan Calculator - At AOPA Aviation ("AAF"), we ask "How Many Airplanes Can I Buy?" We have found the answer. The other four questions are: How much money do you have for a down payment? How much can you pay monthly? What is your income ratio (DTI)? And, how do you see the lender?

Before the bank accepts the loan, as well as the monthly loan payments, the borrower must be comfortable knowing that they can cover the projected operating costs of the aircraft. Therefore, all aircraft lenders require the borrower to submit two or more years of financial statements. Checking them helps determine if the borrower's debt-to-income ratio is within acceptable limits. Generally, a good risk ratio is less than 40%.

Airplane Loan Calculator

Banks will then look at the borrower's DTI as well as expected operating expenses, available expenses, historical maintenance data on that airplane make and model. They will contrast this with your ability to handle the estimated additional monthly loan service and expected operating costs.

New & Used Aircraft And Airplane Loans

Contrary to popular belief, one's credit score is not a major determinant of the down payment and loan amortization schedule for aircraft financing. This is actually the loan amount. In general, most aircraft borrowers have very good credit so banks usually divide the down payment/loan amortization period into three distinct categories.

The first category includes loan amounts between $50,000 and $100,000. Borrowers can expect to put 20% down and see 15 years of loan amortization. The second category starts at $100,000. Expect to put down 15% of the asking price and look for a 20-year loan amortization period, best case scenario. The third category starts at about a million dollars where everything can be arranged.

Instead, borrowers may be offered a 15% down payment and a 15-year amortization schedule. Or the bank may offer 20% down on a 20 year schedule. At this level, banks also often apply established rules that can further complicate the issue. Called the thirty year rule, it says, "The age and depreciation of the aircraft shall not exceed thirty years." For example, a ten-year King Air may be eligible for 20-year amortization, while a 15-year King Air may be limited to 15 years (don't expect to get 25 years of amortization on a 5-year-old aircraft, though ).

It is important to talk to professionals like AAF, experts who have extensive knowledge and deep experience with all aviation lenders. We can guide you through rules that aren't always hard and fast.

See Specifications And Images For This Falcon 7x

For example, sometimes the right combination of financial picture and single turboprop can qualify for loans for a longer term. Part of this is that the bank knows that one turboprop owner is setting aside reserves for one engine overhaul instead of two. Part of this is that turbo depreciation curves flatten out faster, resulting in better retained value over time. In contrast, banks are more conservative in offering longer amortization schedules on older jets, sometimes reducing the term to less than the thirty-year rule. Because jets tend to wear out faster than other aircraft. Older jets also require more maintenance, which increases obsolescence.

AAF can discuss some special options for strong credit applicants. For them, a lender may be willing to take less money initially, for example, 10% down with a short amortization (or maybe even 0%). Likewise, if a highly qualified candidate can put 40% down, they can get an interest-only loan – so there's no amortization and tax benefits are maximized.

One thing we always warn and advise is that amortization comes before depreciation. While there are some terms that appear to offer beneficial terms, what we don't want our members to do is reach the end of their term and write a check. That's not good for the lender, that's not good for the market, and it's certainly not good for the buyer because it means you were ill-advised when you bought your airplane.

Great rates. Great terms. Responsive helpful representative. Three good reasons to go to AOPA Aviation when you buy an airplane. If you need a reliable source of financing with people on your side, just call 800.62.PLANE (800.627.5263) or click here to request a quote.

Here's The Average Per Passenger Profit That Airlines Make

Adam Meredith, President of AOPA Aviation Company, is an aviation professional with over 15 years of lending, small business management and customer service experience. Adam is a professional pilot with multi-engine and instrument ratings.

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aircraft mechanic resume

Aircraft Mechanic Resume - Are you an aviation technician looking for a career change? We have good news for you! use our professional aerospace technician resume template that wins jobs. You don't have to start writing from scratch. Just click "Edit CV" and edit it with your details. Update the fonts and colors of the templates to give you the best chance of landing the job of your dreams. Find more resume templates.

Focused, energetic, hardworking, reliable aircraft technician with over 5 years of experience in CA operated Boeing, Airbus and ATR aircraft maintenance, troubleshooting, maintenance and overhaul of aircraft and components to ensure the highest level of safety and return aircraft to service.

Aircraft Mechanic Resume

During my four year apprenticeship I was OJT (On the Job Training) for two years During this practical training I worked in the following areas: Line Maintenance, Basic Maintenance and Unit Overhaul - Airbus 310 (A-312), Boeing 777- 250, Boeing 777-310, Jumbo 747-310, Boeing 737 and ATR (Check A and C) - Wing, Landing Gear, Cabin, Cargo, Tail and Fuselage.

Mechanic Resume—examples And Tips (+skills & Objective)

It's important to include relevant information in your aviation technician resume to make sure you stand out to potential employers. As an aircraft technician, you must possess the necessary skills and experience to work on an aircraft, and you must be able to convey these qualities effectively on your resume.

Including the right information on your resume can mean the difference between landing an interview or being overlooked. Your aviation technician resume should include information about your qualifications and experience. Be sure to list any certifications or licenses you have, as well as any relevant education or training. It is also important to include details of any relevant work experience you may have.

In addition to qualifications and experience, you should also include a list of your technical skills and abilities. This should include any programs, tools or systems that you are familiar with. It is also important to include information about any safety protocols and procedures that you are aware of. It shows that you have the knowledge and skills necessary to do the job.

Finally, it's important to include a list of references for potential employers. This gives employers a chance to connect with people who can speak to your work ethic and your qualifications.

Resume Skills And Keywords For Aviation Maintenance Technician (updated For 2023)

Putting the right information and list of references on your aerospace technician resume can help make sure you stand out to employers and have a better chance of landing an interview. Don't forget to highlight your qualifications, experience and technical skills that will help you get the job.

When putting together an aviation technician resume, the most important skills to include are those that demonstrate your experience and knowledge in aircraft maintenance and repair. This includes knowledge of aircraft designs, engines, systems and components, and the ability to perform inspections, repairs, replacements and troubleshooting. Additionally, employers typically look for technicians with knowledge and experience in safety procedures, compliance, and the latest tools and technology.

Aviation technicians must also be able to demonstrate their ability to keep accurate maintenance records, understand complex diagrams and schematics, and use specialized tools and equipment. The ability to work independently and as part of a team while maintaining a safe working environment is also highly desirable. Good communication skills and the ability to work with different people are also important attributes.

If you have experience in other fields, such as avionics, avionics, or communications systems, you should also include that on your resume. Many employers will also look for technicians who have a solid understanding of Federal Aviation Administration (FAA) regulations and are up-to-date on the latest certification requirements.

Quality Diesel Mechanic Resume Example

When listing skills on your aviation technician resume, it's important to list specific experience and knowledge. If you have a certification in a specific field, be sure to include that information on your resume. Be sure to list any special training or certifications you've received, as well as any awards or recognition you've received throughout your career. Finally, be sure to include any industry-related memberships, such as the Association of Aerospace Engineers, that demonstrate your commitment to the industry.

An aircraft technician is an integral part of the aviation industry, responsible for the maintenance and repair of aircraft. In this role, they must inspect and diagnose faults, install and test parts and components, and prepare the aircraft for flight. Technicians must be proficient in troubleshooting and following strict safety and maintenance protocols.

The flight engineer's job description also includes performing maintenance on airframes, engines, and other aircraft components. This maintenance includes inspection, repair, replacement and adjustment of parts and components. The technician must also be familiar with the aircraft's systems as well as applicable FAA regulations.

Because of the technical nature of the work, aviation technicians must possess a high degree of technical ability and knowledge. They must be able to interpret blueprints and technical manuals, use specialized tools and diagnostic equipment, and have a thorough understanding of the aircraft's systems.

Aircraft Maintenance Technician Resume Sample

The technician must be able to work independently as well as in a team environment. The ability to think critically and make quick and accurate decisions is essential. Finally, an aircraft technician must demonstrate excellent communication and customer service skills.

The goal of a good aviation technician resume should be clear, concise, and consistent with the job description. The objective should clearly state the position for which the candidate is applying and list relevant qualifications or certifications. He must also demonstrate the candidate's knowledge of the aircraft and his ability to troubleshoot and diagnose any mechanical or electrical problems.

In addition, a good objective should also highlight any relevant experience the candidate may have in past positions in aviation or aircraft maintenance. This may include some experience with aircraft systems, dealing with customers and meeting deadlines. Finally, a good objective should show the employer that the candidate is motivated and motivated to do the job and has the skills needed to be successful in the position.

This candidate's goal is to obtain a position as an aircraft maintenance technician using my knowledge of aircraft systems, past maintenance and troubleshooting experience, and technical certifications to diagnose and repair mechanical and electrical problems. In addition, I have the drive and motivation to meet deadlines and provide excellent customer service.

Aircraft Mechanic Resume Example

. Aviation technicians are in high demand in the aviation industry, making them an incredibly valuable asset to employers in need of reliable and experienced professionals. As demand for aerospace technicians continues to grow, so do career prospects. With the right training and experience, an aerospace technician can find a variety of lucrative, rewarding, and long-term career opportunities.

Aviation technicians typically work on all types of aircraft, from single-engine to large commercial aircraft. They must be able to troubleshoot and repair a wide range of aircraft systems and components, and maintain and inspect the aircraft in accordance with the manufacturer's specifications and procedures.

The job outlook for aerospace technicians is excellent and is expected to remain strong. The field is expected to grow faster than average over the next decade at a rate of 7-8%, with a projected growth rate of 12% over the next 10 years. As the industry continues to grow, so will the need for skilled professionals.

Aviation technicians can find positions with a variety of employers, including airlines, military organizations, aircraft repair companies, and other airlines. Aviation technician salaries vary based on experience, employer, and location, but the average salary for a qualified technician is $45,000-$50,000 per year.

Aircraft Maintenance Engineer Resume Template

In general, the career prospects of aircraft technicians are quite good. With the right training and experience, a person can find many rewarding opportunities for long-term employment. As the industry continues to grow, the demand for skilled technicians is expected to remain high.

There are several key aspects to consider when creating an aviation technician resume. A successful resume should include a clear objective that accurately reflects the type of job the candidate is seeking, as well as a summary of relevant qualifications and experience. It is also important to include a section on technical skills and certifications as this will demonstrate the candidate's knowledge and experience in the field.

By following these key points, an aviation technician resume will provide employers with an accurate representation of the candidate's qualifications and experience. Creating a successful resume will help candidates stand out from the competition and increase their chances of landing a job in the industry.

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Aerospace & Aviation Resume Sample

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airplane magazine

Airplane Magazine - On the cover of Airplane Magazine January 28, 1944 the ad for the Titanine aircraft ended up at the bottom.

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Airplane Magazine

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Aviation History Magazine

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aircraft mechanic salaries

Aircraft Mechanic Salaries - Become an Aircraft Mechanic in 2021? Aircraft mechanics are people trained to repair and maintain flying vehicles such as helicopters, airplanes, and jets. It plays an important role in keeping the engine running well to avoid accidents and other damages.

Aircraft mechanics often work for the government, airlines, and the military. Because their responsibility is related to security, their responsibility is great. If they had not checked the plane properly, there would have been an accident and many people would have died.

Aircraft Mechanic Salaries

According to the Bureau of Labor Statistics, aircraft mechanics had a starting salary of $69,040 in 2020. They got the following professions with high salary.

The Future Of Aviation Mechanics

There is an increasing trend since 2000. In the year In 2000, aircraft mechanics earned $40,550. This is down from $28,490 in 2020.

Their salary growth was $1,356 per year from 2000 to 2020 and $1,480 per year from 2015 to 2020.

If this trend continues, the Bureau of Labor Statistics estimates that aircraft mechanics will earn $82,607 in 2030.

The highest earning aircraft mechanics in 2020 were in Rhode Island. Here's how much airplane mechanics earn in these states.

Southwest Airlines Mechanics Approve Contract, Ending Long Impasse

2. What is the job market like for aircraft mechanics? Will it be difficult for you to find a job?

According to the Bureau of Labor Statistics, there were 128,300 aircraft mechanics in the United States in 2020. They are better than them in these professions.

There was no consistent direction in their career development. Unfortunately, in The number of aircraft mechanics in 2020 is 7, which is 430 less than in 2000.

However, if this trend continues, the Bureau of Labor Statistics estimates that there will be 134,715 aircraft mechanics in the United States by 2030. It will increase by 6,415.

Become A Diesel Mechanic In 2021? Salary, Jobs, Forecast

I used Glassdoor, Indeed, and LinkedIn to find the number of job postings for this profession. Job Posting provides real-time estimates for specific jobs.

The total number of aircraft mechanic jobs in the United States is 4,715. Considering that there are 128,300 aircraft mechanics in the United States, this is 1 job for 27.21 people. The competition is tough!

The Dutch Codes or Dutch Occupational Themes (RIASEC) refers to the theory of occupational and career choice. After taking the RIASEC assessment, your scores show your scores in six different professional subjects: Real (R), Investigative (I), Artistic (A), Social (S), Business (E), and Cultural (C).

A robust needs inventory is the gold standard, but it's also a controlled assessment of your needs. It is not free. You need a trusted professional to manage it for you. A free alternative evaluation is available here.

Do Aircraft Mechanics Make Good Money?

People who score high on the objective subject describe themselves as reliable, pragmatic, thrifty, persistent, decisive, and independent. They are passionate about building, renovating and being outdoors.

People who score high on cultural issues describe themselves as practical, organized, conscientious, orderly, and careful. They are often motivated by organizing and managing information.

This means that aircraft mechanics have a natural ability to solve problems and organize chaos, so they can manage complex situations. They like to be alone and outdoors, but they are people you can trust.

The Myers-Briggs Type Indicator (MBTI) is a self-report questionnaire that captures various psychological preferences for understanding the world and making decisions. Many people find that the Myers-Briggs Type helps them decide which career to pursue.

Jetblue New Pay Scale

There is no uniform distribution of species in the American population. According to the third edition of the MBTI Manual, 13.8% of the American population is the most common type of ISFJ (The Defender). The second most common type is the ESFJ (the caregiver) with 12.3% of the American population.

21.7% of aircraft mechanics are ISTJs. ISTJ (controller) has high standards and is determined. If you're going to do something, expect them to do it. Because they are responsible, they do what they say.

On the other hand, the people most likely to become airplane mechanics are ESTPs. ESTPs (The Persuasive) are friendly and often the life of the party. They act before thinking. They are risk takers.

According to the Bureau of Labor Statistics, the number of aircraft mechanics is expected to grow by 5% by 2029. It is slow compared to these professions.

Ups Aircraft Mechanics Ratify Labor Contract

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aircraft mechanic salary florida

Aircraft Mechanic Salary Florida - If you are thinking about enrolling in aircraft mechanic school, you probably have many questions. One of the most important questions we get asked about aircraft mechanic salary. Before you invest in your education, you want to make sure your career will pay off well. Aviation Maintenance Technicians (AMTs) and Aircraft and Powertrain Mechanics (A&P) are in high demand and earn well. Also, your aircraft mechanic training can be used in a variety of career fields. For example, there are 1,000 to 2,000 jobs every day that require these mechanical skills.

Whether you're working on Boeing landing gear for FedEx or avionics on a private Gulfstream or applying for a mechanic position at UPS, rest assured that there are plenty of jobs out there. Aviation mechanics are in high demand. From British Airways to Qantas to Virgin, the need for aircraft mechanics has never been greater. Aircraft mechanic training can also serve as a foundation for other careers such as flight engineer.

Aircraft Mechanic Salary Florida

AMT / A&P mechanic salaries, like pilot salaries, can vary based on experience, qualifications, location, etc. Most importantly, the annual salary for aircraft mechanics ranges from $35,000 to $110,000. Hourly rates also range from $20 to $50 per hour. For example, GE Aviation offers $31 per hour to start. As a result, the average annual salary for an aircraft mechanic is $73,050.

Lakeland Academy Offering Employment, Tuition Stipend For Airplane Mechanics

"The short answer to how much an aircraft mechanic is paid is an average annual salary of $73,050. Continue reading to learn about enrolling in this rewarding career.

Depending on the location, the initial payment is limited. States like Texas and Florida are starting more because they have the highest demand. However, most aircraft mechanics and technicians start at around $20 to $25 an hour. Most wages are paid weekly, although some companies pay monthly. Research this when you apply for a job.

Chief Mechanics and Stream Mechanics earn over $100,000. Due to high demand in the US and worldwide, these positions pay a premium. Above all, in just 18 months of teaching, you will be ready to earn.

Yes, like other aviation-related careers, AMT and A&P mechanics have seen a steady increase in salary. In 2018, the Bureau of Labor reported that the average annual salary for aircraft mechanics was $64,140. In 2019, it increased to $73,050.

High Paying Automotive Technician & Mechanic Salaries In The U.s.

Aircraft mechanics and technicians work 8-hour shifts. There are regular opportunities for overtime and additional weekend hours. With signing bonuses and overtime, mechanic salaries offer great potential.

Aviation mechanics working on ships earn an average of $86,030. Salary range starts at $74,960 and goes up to $100,000 depending on experience, license, airline, etc. All jet mechanics are first certified as AMT or A&P mechanics. .

Aviation mechanics are in high demand and can expect to earn good wages with generous benefits. Benefits include, for example, health insurance, paid vacation, sick leave, retirement, and other paid time off. Also, flight technicians often have the option to earn overtime if they choose. Depending on your employer, you may be entitled to flight benefits.

Yes, the practice of offering signing bonuses to AMT and A&P mechanics is becoming more common in airlines. Typical signing bonuses range from $5,000 to $15,000. Many airlines also offer to pay the transfer costs. CommuteAir, for example, pays $5,000 to $7,500 as a signing bonus.

Nwfsc In Crestview Opens Aviation Center, First Students In August

Are you interested in becoming an aircraft mechanic? Epic's Aviation Maintenance Technician School launched in 2020. This is a great career choice and you can reserve your place now!

We've put together some frequently asked questions on this topic so you can make an informed decision. Your future depends on your choice of education and career. We also constantly update these questions to keep you up-to-date. Of course, the most important question is:

Epic Award An annual scholarship for high school graduates for our aerospace mechanics program. Unless you are a high school graduate. You can still get scholarship support. For example, when you apply for aircraft mechanic training, you can also apply for a $5,000 scholarship to help offset your tuition. Many organizations also offer aviation scholarships. In addition, Women in Aviation International awards $20,000 Epic Scholarships annually, as do the Latino Pilots Association, the National Gay Pilots Association, and the Organization of Black Aerospace Professionals. The Association for Women in Aviation Maintenance (AWAM) also offers scholarships. In addition, some foundations offer scholarships to support this training.

Yes! An aircraft mechanic is often employed in related fields. For example, amusement park ride maintenance, the aerospace industry, and space launches rely on A&P. Many Air Force-trained mechanics find interesting jobs after leaving the military. The skills you learn when you become an aircraft mechanic translate into high-paying entry-level careers in many fields. A typical job description might include engine repairs as well as helicopter and aircraft maintenance. Above all, Epic Flight Academy maintains a partnership of aircraft mechanics to provide many opportunities for our graduates. Of course, these skills are highly desirable. No matter where you want to go in this world, chances are aviation maintenance will get you there. And once you arrive, it's just the beginning. The practical professional training of the National Aviation Academy () will prepare you

Aircraft Mechanic Shortage Could Hamper Airline Operations: Travel Weekly

Opportunities available in Aviation Maintenance. We want you to dream big, reach the top and see your career take off!

Established in 1932, our high-quality aircraft maintenance education has been around for decades. We are experienced and want to share our knowledge and expertise with the next generation of airframe and propulsion (A&P) professionals.

Our hands-on, professional training takes place in aircraft hangars, laboratories and classrooms. Graduates pursue careers across the country and even the world. Start building your future at the National Aviation Academy today!

A&P Mechanic Guide on LinkedIn Looking to advance your career in aircraft maintenance? LinkedIn is a professional networking site…

U.s. Navy Aviation Structural Mechanic Careers

A Day in the Life of an Aviation Maintenance Technician (AMT) If you are considering a career change or training in aviation maintenance, you have…

On October 22, 2022, New England had an impressive turnout for the Fall Open House. Team members show prospective students what to expect...

Aviation Maintenance Certification (AMC) is a six-day National Aviation Academy refresher course for those who meet the experience requirements. This exam preparation course is designed to get you Airframe and Propulsion (A&P) certification in the shortest time possible at the best cost.

"I think a lot of women are afraid of this kind of work or see themselves as a cookie cutter. I hope more women get involved in business and technical jobs like this because there is a demand for them. At the end of the day, it feels really good to know that I'm helping to pave the way for women to come after me.

American Airlines Mechanic Pleads Guilty To Sabotaging Flight

"My instructors were knowledgeable about the subjects and were able to give me tips and tricks outside of the curriculum to improve my understanding of the material. With their help and the National Aeronautics Academy curriculum, I not only achieved my certification. Being able to get, but secure a job!" Average Salary for an aircraft mechanic is $60,496 per year.When creating salary estimates, we start with data published in publicly available sources such as the US Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) show more

Aircraft mechanics in the United States earn $60,496 per year, or $29.08 per hour. Aircraft mechanics on the lower end of this spectrum, or rather the bottom 10%, earn around $41,000 per year, while the top 10% earn $87,000. Location affects how much an aircraft mechanic can expect to earn. Aviation mechanics earn the most in Maryland, Virginia, Delaware, New York, and New Jersey.

If both location and money are important to you, then you may want to look into Maryland, Virginia, and Delaware, as these three states offer the highest salaries for aircraft mechanics in the United States. At the very top of this list are the states with the lowest salaries, which are Arkansas, Kansas and Michigan.

The salary for an aircraft mechanic can vary depending on the years of experience one has, from entry level to advanced level. An accountant with 0-2 years of experience earns an average salary of $63,205, a mid-career professional with 3-6 years of experience earns an average of $60,496 per year, and a senior level accountant with 7-12 years of experience. Experience earns an average annual salary of $84,932. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of its National Compensation Survey, which is based on factors such as information, complexity, communication and environment.

Aircraft Mechanic Training

According to our latest salary estimates, AECOM and PACCAR are the highest paying companies for aircraft mechanics.

Aircraft mechanic salaries can vary by industry. In fact, our data shows that government, manufacturing and professional industries offer the highest salaries for aircraft mechanics. For example, aircraft mechanics earn an average salary of $64,412 while working in government industries.

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airplane manager login

Airplane Manager Login - Dear future CEO! Once you get started, you'll be given a budget of $300 million and with more than 60 aircraft and 2,600 geolocated airports, you can decide what strategy to adopt.

You will also be responsible for your airline's R&D center. With over 500 patents and over 200 service ideas awaiting funding, you need to use your strategic skills to make the best decisions. Diplomatic dexterity can be a plus if you choose to develop your airline as part of an alliance. The support of your allies can be a great asset to your future investments.

Airplane Manager Login

If you think you have what it takes to become a real airline manager, this job is for you! Then wait no more and join us at Airlines Manager!

Comprehensive Look At Airplane Booking Apps, Their Benefits And Issues

Build your fleet of over 60 realistic aircraft from modern civil aviation! Improve your airline management by negotiating with the right bankers. Streamline your airline management and see real-time results on your flight map! Unlock over 500 different researches through research and development trees. Customize your airline by choosing from over 200 services available! Video: Less than a minute to enter the free airline management game. All prices are per month and per aircraft only. All contracts are monthly and payments are made by credit card. All customers can cancel at any time. It will be implemented from January 1, 2023

We use modern web applications to create an app-like experience that can be installed directly on your smartphone. In addition, we offer offline storage of travel documents in app stores, etc. We recommend a native application for

It is the first web-based flight planning software designed specifically for corporate jets. Our goal is simple yet useful software to connect pilots, passengers, owners and flight attendants.

Flight schedule calendars are the main focus of Airplane Manager. Security ensures that users only see what you want them to see, and that data gets into the hands of your employees quickly, saving time and phone calls.

Lot's Fleet On The Rise

Corporate jets fly very important people, which means that every detail is important. Pilot trip lists and passenger itineraries ensure that everyone is on the same page and that the details are correct.

We make it easy to track aircraft flight and passenger data. Flight logs are simple and easy to enter after each flight. Reports ensure that your employees have the data they need on a daily basis.

Worldwide airport data and North American FBO data help make travel planning easier. Fuel prices are also quickly checked at the airport as well as at services provided by FBOs

Our monthly airplane calendar offers daily, weekly, monthly and text views. Each user's security ensures that they see only the information they need. Our system is packed with apps and sized just right for your tablets and mobile phones.

How Do Airplanes Fly?

Viewing a timeline of pilot and crew schedules makes it easy to keep track of busy schedules. Simply click on the field and select a state. Business jet pilots have many tasks to tackle on a daily basis, and our schedule fits them all.

Airplane Manager is a progressive web application. This means you don't need to download from the app store. Simply open it on your phone, your phone will prompt you to download it, or you can pin it to your home screen. Our system makes it easy to use dimensions and aircraft manager on your phone for all devices.

The Planner App is an add-on app that you can download from the App Store that allows your crew and passengers to view travel lists in PDF format online or offline. Travelers can edit their profiles, upload their passports and search for trips. The crew can search for fuel, use the flight time calculator and search for FBOs.

Crew selection is easy with pop-up tools that show pilot vacations, schedule conflicts, flight hours, and total work days.

Airline Revenue Management

AM software provides customer and traveler profiles. Likes, dislikes, notes and important details saved for later use.

Don't you think it's about time airplane passengers had a mobile travel checklist on their phone? We just did! Now your passengers can email their itineraries or send messages directly to their phones. If they open, we do all the work. An easy-to-learn layout and updates when changes are made make life easier for the corporate flight department.

Additionally, we offer an elegant alternative called a route that displays information specific to one leg.

Flight Manager is known as the easiest scheduling software in the industry. We pride ourselves on keeping it simple and straightforward. Non-aviation people often schedule in the flight department, and the aircraft manager is the first choice for small corporate jet operations.

Batteries Are The Heart Of Ga Aircraft

Track flight times and data in a simple way! Even enter expenses and bills from your phone. Print a printable report or flight log when needed.

Need to find an airport near an address? Just copy and paste! Find gas stations and visit one of our select FBOs that offer gas discounts to our members. Quickly find FBO and terminal options for private aircraft, as well as airport statistics.

Quickly see where your fleet is, on the ground or in flight. Each aircraft status light displays a green yellow or red color to warn of maintenance deviations.

Keep important operational documents within the reach of staff and crew. Mark documents that need to be reviewed and track who has reviewed them. Individuals can upload their personal documents for safe keeping.

What Is Business Aviation?

Create one or more invoices from the flight log to send to the payment department. Expenses can easily be transferred to an invoice.

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airplane loans

Airplane Loans - As the dimensions of the COVID-19 outbreak emerged in mid-March 2020, airline bookings soon fell off the cliff and the rest of the airline industry rested. And of course, the phone stopped ringing at the finance office where the airline loan originated. The outlook looks bleaker than it did during the deep recession of 2008.

But within a month, in a surprising development that no one expected, the used aircraft loan market has rebounded and for some banks and lenders, it now looks stronger than ever. "The level of activity is unbelievable. I can't tell you how busy we are. It's amazing," said Bob Howe of Dorr Aviation Credit, a veteran financial brokerage that has been in the business for more than 50 years. If potential buyers are taking a wait-and-see attitude, it's not clear from those taking out airline loans.

Airplane Loans

But what is clear is that the banks are sitting on piles of cash that cautious investors have dumped into CDs that may yield less but are also safer than the stocks that poured in in mid-March. They have been redeemed. That same week, the Federal Reserve cut interest rates to zero and announced plans to buy up to $700 billion in government bonds and mortgages.

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Between stimulus and rate cuts, the economy is fueled by the highest amount of liquidity. According to the Federal Reserve, M2 money rose 20 percent from December to July, from $15.3 to $18.3 trillion. The supply of M2 consists of money deposits, checking accounts, savings and money market securities.

The last major shock to the economy and aviation was the financial collapse of 2008. Due to the COVID-19 pandemic, it was a gradual train wreck that began in 2009 with a slow and rapid decline that continued into 2012. It is still rebounding in the face of falling volumes new aircraft sales.

The pandemic decline, if it can be called that, began in mid-March and lasted until early April, brokers told us. The phone stopped ringing and the rest of the economy shook. "I think everyone needs to take a deep breath and realize what's going on. Many of our customers are using airplanes as a business tool. They're feeling the impact of the pandemic firsthand," said David Savoie of US Aviation Finance, a direct director of lenders specializing in aircraft. light to heavy singles and twins.

Three other brokers we spoke with reported similar experiences but the slowdown was almost too short to notice. "When the Fed lowered rates, we saw a significant opening in activity for refinancing. For us, March, April and May were not new business, but in June, we started to see an increase in new business. look big," said Jim Blessing of Airfleet Capital, a leading brokerage firm. And credit inquiries haven't slowed down since. "It's definitely active. It's as busy as we've ever been," Blessing told us. AOPA Finance, also a broker that uses foreign banks, reported similar activity.

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There are several market changes in this revival. First, the long-established trend of buyers relying on their cash reserves seems to be returning to buying on credit.

This has been going on for a year or two. Second, because money is so cheap and there is so much equity in owned aircraft because of tight prices in the used market, many owners can borrow enough to buy complete upgrades in avionics, engines and paint jobs. finance minimal pain.

For a while there in the 1990s, the words "investment" and "aircraft" could be seen in the same sentence without eliciting a laugh. And there is some truth to that because Cirrus doesn't exist, Cessna doesn't make planes, and Piper is bankrupt.

After 30 years, the three made airplanes and so did Diamond Airplanes. But the price of new aircraft is at a stratospheric level which causes the price of used aircraft to rise as well. But there's a problem: It's hard to do well, and for older airplanes, they just add more hours, making the airframe crowded.

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For some models, this means that the traditional depreciation curve that sees the new price tank for the first three years has been somewhat reduced. For some aircraft, it is the opposite. The chart above is interesting not only for the actual value, but also for the direction.

And there is a marked division between glass-paneled and steam-powered aircraft, especially for the Cessna 172 SP, a popular trainer. The map shows a 2006 model with a G1000 for $200,000, but that may be understating things. We've seen them listed for north of $250,000, if you can find them. The education market drives demand.

Warning: The values ​​here are from the Bluebook but we are not sure how accurate they are since accurate sales reporting is difficult.

"When you see several hundred thousand dollar airplanes at a sale rate of three, it's pretty hard to beat. I've been doing this for 32 years and I've never seen anything like it," said Howe of Dorr Aviation.

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Explaining the trend from cash to debt, Blessing said buyers increase the opportunity cost and push the cash-in-the-bank button. "If they're in the market and their portfolio is giving them a 5 or 6 percent rate of return, then they're in a better position in the 3 or 4 percent range today than if they were using that capital in other ways. bring ." He says good luck.

And the bank is ready to negotiate. Up to a point. When it looks like the stock market is about to fall, many investors flee to bank CDs and even if the returns aren't worth the trouble, at least they retain value. As a result, banks are flush with money and, if they are not too desperate to lend it, they are motivated to use the money.

"In past years, we've asked banks to sharpen their pencils. To drive business, we've sharpened our product," Howe said. "It's rare that our bank comes to us and says here's our rate, you can get more deals. If we rolled out a little bit more, what do you think we could get?" it increases.

And what they can get is a good deal for the buyer. A year ago, interest rates were very low, but now they are even lower. The grade is not less than 4 percent and on new aircraft, manufacturers do better deals than that.

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For perspective, long-term interest rates have traditionally been between 6- and 7 percent. According to Emily Meczkowski of AOPA Finance, small loans—say under $50,000—may still command 7 percent, but loans closer to $100,000 will get better rates.

In fact, airplane loans are now cheaper than car loans, even for car buyers with exceptional credit ratings. According to Bankrate, the loan rate for more than 800 networks is 4.19 percent for new cars and 4.7 percent for used models. And there is a reason for that.

"This is a safe business," said Bob Howe. Banks like airline loans because they are reliable with fewer deposits, repos and repos. "The other part of commercial lending in banks is not very active. We see that banks are very hungry to add loans and aircraft is a large and diverse portfolio. You have many industries, you have a wide geographic diversity and compared to what we hear, it not just planes, but boats and RVs are on the move," said Airfleet's Blessing.

When we asked if some of this buying frenzy was driven by a return to general aviation because of the fear of flying on an airplane, brokers said there was no clear evidence to support that. "There are a few of them," Savoie said, but no one sees him as the main driver.

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A cash injection of about a third of the aircraft's value, or a little more, could bring the old board up to modern standards. Banks tend to say yes.

Even if the bank is in bankruptcy, this does not mean that you can walk out of the bank with a loan of half a million with just your signature. You also can't expect to beat many borrowers at already low interest rates. "We're seeing lenders put the lowest rates because they have the lowest budgets they're using. Interest rates are currently in the 4 percent range or lower. You can get variable rates that can go lower. But often, it might not make sense to take that extra risk if you're already at 3.9 percent to begin with," Blessing said.

Although banks are not necessarily picky, they choose the candidates they choose. Although banks are hungry for business expansion, they are well aware of what happened in 2008 and have built up protections about who they will lend to. And unlike in 2008, some banks are trying to prevent potential loan advances by offering payment deferrals to customers. Eva

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