“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”
Executive Jet Management Sweetens Charter Deal
To encourage owners to make their aircraft available for charter, Executive Jet Management will waive management and conformity fees for charter-friendly airplanes that are available for more than 200 flight hours per year. Adding an airplane to the EJM charter certificate requires a detailed conformity evaluation that typically costs $5,000 to $14,000, depending on the aircraft's age and the hours needed to conduct the research. The charter management fee is about $2,500 a month.
Besides waiving fees, the Columbus, Ohio-based operator will guarantee charter hours "in some circumstances," said Ronald Silverman, senior vice president for client operations, "depending on the location, how available [the airplane] is to us and the type of airplane." EJM, he added, will not pay owners lower charter-buy rates to offset