How many maintenance techs, pilots and flight attendants does your flight department need? Jim Lara helps you determine yours aviation staffing levels.
Category: Financial Best Practices
Aviation Budgeting 101: Answering the Question ”How Did You Do This Month?” Author
To help you understand the real economic drivers of your aviation organization, we’re sharing some Aviation Budgeting 101 techniques to help you know where you are, financially, every day of the year.
Flight Department Consolidation: When Two Become One Author
Call it what you will—a merger, joining forces or acquisition. When there’s a flight department consolidation, the end result is change. And lots of it. As a business aviation leader, it’s your role and responsibility to produce the finest possible outcome for the corporation or your high net worth owner. And you must come to
Understanding Finance and Metrics for Chief Pilots Author
In our first post in this three-part series, we discussed the four leadership traits required of a great Chief Pilot, and in our second post, we’ll delve into specifics regarding finance, performance metrics and measurements.
Overseeing the Flight Department Part II: Know The Numbers Author
In one of our latest blog posts, we talked about the first four steps to becoming an effective Business Aviation Reporting Executive, and how the role doesn’t have to be viewed as a “death sentence.” Now, when it comes to overseeing the flight department, the next big step is to “Know the Numbers.”
Managing Aviation Financial Surprises & Earning Executives’ Trust Author
In aviation, financial surprises are common. As Rick Stone shares, here’s how to go about managing aviation financial surprises and how to think like a CFO.