ADVISORY SERVICES
Your most Valuable asset. in good hands.
The value of an aircraft extends far beyond its purchase price. Our expertise helps you navigate the operational, technical and regulatory complexities of ownership with confidence.
Own the aircraft. Leave the complexity to us
Tagline
Asset Management Services
It is likely that your aircraft is your most expensive personal asset and the one that results in highest productivity. Beneath the layer of obvious productivity gains, lies a complex layer of processes that quietly make the obvious possible. While as an aircraft owner, you need not (and should not) worry about these, it helps to understand what is at stake, so that you select the right partners for your ownership journey.
Aircrafts are highly endurable machines that generally outlast a single ownership cycle. It is likely that you will buy a pre-owned aircraft and sell it in the pre-owned market after your ownership phase ends. Professional asset management will ensure that the resale value of your aircraft, which is a significant determinant of your return on it, is preserved. Similarly, while buying an aircraft, a detailed evaluation will help you strike the right deal or help you prepare better for future expenses.
Table of Contents
Aircraft Acquisition
Whether it is a factory new aircraft or one in the pre-owned market, your most expensive personal asset has to be compatible with your mission characteristics. Seating, range, runway capabilities, OEM support in India, dispatch reliability and availability of engineers, pilots and spare parts play a crucial role in ensuring that aircraft ownership is a fuss free journey. Shortlisting aircraft is best done as a consultative process with people who deeply understand the diverse elements involved.
Inspecting an aircraft’s operating, maintenance and compliance history is an intensive job. However, it is only half the job. Your aircraft needs to be compatible with the operating requirements in your home country. Based on prevailing Airworthiness Directives, Service Bulletins and your own prefernces, we will evaluate and recommend upgrades or modifications to the aircraft
Aircraft entry into service
You will encounter multiple agencies in your endeavour to bring home your aircraft. And a lot of paperwork. A lot – Ministry of Home Affairs, Customs, DGCA, Department of Telecommunications, Bureau of Civil Aviation Security, Airport Authorities, Ministry of Corporate Affairs, just to name a few. The procedures of these entities can be independent or intertwined. Timing of filing applications is crucial so that you don’t idle your time when you could have reached an important milestone as you wait for another process to complete.
Incorrect timing can also cause you financial loss, besides delaying your import process. It is important to engage an experienced team for the job. We repeat, there is no substitute for experience and patience. Don’t let anyone convince you otherwise. Buying an aircraft is a bit of a marathon, and not a sprint.
airworthiness management
Next to fuel, maintenance is likely to be your biggest expense. And the most difficult to get a grip on. It is also an area most neglected (or avoided) by aviation advisors when you are on the cusp of clicking the ‘buy’ button. The reasons are multiple – unwillingness to ‘scare’ the buyer and lose a lucrative brokerage deal, inadequate experience in the field of maintenance, but mostly an incomplete understanding of what maintenance entails.
At its core, maintenance management covers the following areas:
1. Continuing Airworthiness Management
2. Liaison with Maintenance Agency
3. Defect reporting and resolution
4. Planning of downtime
5. Regulatory compliance and reporting
Our team has extensive experience in the field of aircraft maintenance, which is a crucial element in your ownership journey.
operations management
Like maintenance, operations is a highly specialised area, owing to the multitude of agencies involved – Airport Operators, Refuelling Vendors, Flight Plan filers, Ground Handlers, MROs, Air Traffic Controllers, Caterers, the ubiquitous DGCA and if you are flying a helicopter, even local Municipal Authorities! On many occasions all this has to be arranged at a short notice.
But there is much more than what is visible. At the backend, flight plans need to be prepared, log books need to be filled, reports submitted to regulators, crew logistics to be arranged, meal preferences to be obtained, airport passes to be arranged for special visitors. Suffice to stay, the ops team needs to be available practically 24×7, have awesome multi tasking abilities and above all, a passion to see the aircraft fly, on time, every time.