Executive Jet Management Sweetens Charter Deal

Business Jet Traveler » August 2007
Wednesday, August 1, 2007 - 5:00am

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
the incentives.

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“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy