Corporate aviation requires a sizable financial investment in corporate aircraft, facilities and operations. Managers responsible for these resources are often challenged to show a return on invested capital, operating flexibly and efficiency. They must manage small teams with a diversity of responsibilities. Managing the Corporate Aviation Function emphasizes the management skills vital to executives and managers responsible for the corporate aircraft function.

Faculty

Gain insight into:

Financial Fundamentals

• Speak the language of finance.
• Understand a company's annual report and basic financial statements.
• Analyze the business case for corporate aviation.

Equipment Justification

• Make an informed capital budgeting business case for new aircraft.
• Develop a successful fleet business case for a turboprop airplane, a jet airplane and a helicopter using net present value.

Operational Challenges

• Analyze various cost allocation techniques.
• Develop various charge-back methods to allocate operating costs to users.

Financing Methods

• Analyze alternative financing methods.
• Understand chartering, leasing, fractional ownership and outright purchase of the equipment to provide the flight hours required by the business.

Organizational and Behavior Difficulties

• Manage interpersonal relations.
• Overcome behavioral challenges.