Corporate Aviation Proposal Outline

Corporate Aviation Proposal Outline
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Corporate Aviation Proposal Outline
* Introduction
The basic aim of the department of corporate aviation is to impart efficient, safe and convenient mode of air transportation in order to help in attaining the goals and mission of an organization. The company’s flight department imparts a variety of communication and transportation operations, which, once initiated, become essential to the organization’s operations.
* Travel Need Analysis
As an engineering firm, employing approximately 300 employees; apparently it seems extremely fruitful for the firm to start its own corporate flight department. The firm’s engineering and sales staff also make considerable amount to trips to the nearby towns and cities, spending a significant amount of the firm’s financial budget upon the travel expenses.
* Historic Travel History
Currently, both the sales and the engineering staff of the firm make a lot of business trips on an annual basis. The travel cost which the firm encounters is $180,000 per year.
b. Future Travel Expectations
It is being anticipated that the firm is planning to expand its business. Such an expansion will obviously come with an increased travel needs for the firm because the major emphasis of the firm’s business is upon its sales trips as well as site inspections by the engineering staff (NBAA, 2012).
* AIRCRAFT REQUIREMENT
In order to meet the growing travel needs of the firm, it is now mandatory to initiate a corporate flight department. As the flight time of the firm is approximately 400 hours per year, so it is suggested that this flight time totally justifies the complete ownership of an aircraft.
¯ Aircraft Choice: Beechcraft 250 King Air
í Specifications
King Air 250 is exceptionally comfortable and versatile, with a sizeable indigenous interior. It has got maximum range of one thousand, six hundred and ten naval miles and can take off in merely two thousand, one hundred and eleven feet from a water level runway. It has also got a much better protection and safety record in comparison to others (Beechcraft, 2012).
í How it will meet the required mission and parameters
The basic requirement of the firm is to carry three till five employees and the area to be covered is usually within a 400-mile radius of Lynchburg. So it is suggested to buy a light aircraft, Beechcraft 250 King Air; the most renowned aircraft used for business purposes globally.
¯ Aircraft Capital Cost
í Initial Cost of acquisition (new or used)
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