Nothing happening in your aviation department? And I mean literally nothing, no flight activity at all? Well, this end-of-the-world-as-we-know-it scenario actually presents an opportunity to fine tune aviation budgeting in a way that might make your operation more competitive down the road. Some of you may have noticed that while you have no appreciable flight [...]
Why Take a Zero-Based Approach? Building your budgets on a clean sheet of paper and from the bottom up each year is an investment of time and effort. Why do it? At Polaris Aviation Solutions we have found that we reduce a new client’s spending by an average of 15% in the first year that [...]
Within the private aviation industry there is a negative connotation associated with flight department outsourcing to an aircraft management provider. Much of this negativity stems from the history of aircraft management where providers lacked transparency and integrity, hiding fees in everything they could. When the aviation industry took a hit during The Great Recession of the [...]
If after considering our post entitled The Case for 3rd Party Aircraft Management you've determined it's time to evaluate your options, begin by identifying the most critical categories with the greatest impact to your business. Based on our experience the most successful partnerships focus on 10 key areas. This list can and should be be expanded upon, however [...]
In an environment of daily market swings, increasing shareholder pressures and transparency, but with a continuing need to run a more efficient and productive business, business aircraft are increasingly the focus of attention. Corporate aircraft have become a lightning rod public relations nightmares, oftentimes leading to positive company results being overshadowed. With that as the backdrop, however, [...]
