Managing the Corporate Aviation Function
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Overview
Develop the industry insights, management techniques and hands-on experience you need to become a high-performance leader in corporate aviation.
- Cultivate a broad view of the corporate aviation function's impact on organizational goals and profit.
- Blend best practices with practical considerations around aircraft acquisition, maintenance, equipment technology updates, and budget management.
- Audit operational performance to provide meaningful feedback to direct reports and upper management.
- Practice building trust and collaboration among team members with diverse responsibilities.
Intended For
Focus
As part of Darden's trio of aviation-centered programs, this course provides corporate aviation leaders like you invaluable opportunities to:
- Uncover solutions to traditional and emerging challenges - particularly budgeting, financial management, and maintaining performance and operational standards among direct reports.
- Make the most of your capital budget, reviewing alternative financing methods and your options for chartering, leasing, fractional ownership, and outright purchase of aircraft to provide the necessary flight hours for your business.
- Interpret annual reports and financial statements, analyze the business case for corporate aviation and explore various cost allocation techniques, including user charge-back methods, so you can better manage the expense to profit margin of your department.
- Make an informed capital budgeting business case for new aircraft.
National Business Aviation Association (NBAA) members receive 15% program discount.
Outcomes & Impact
- Broaden your perspective so you can make more competitive and strategic choices.
- Learn to speak the language of aviation finance, to analyze capital budgets, and to make smarter allocation decisions.
- Gain a comprehensive set of analytical techniques for realizing greater cost savings or improved service while providing necessary flight hours.
- Discover your personal management style and how to inspire both aviation and corporate reports.
Certificates
Managing the Corporate Aviation Function counts as one program toward a noncredit Certificate in Corporate Aviation Management. Complete this program and three additional programs to earn your certificate.
Completion of the program also provides a way for participants to earn initial or recertification Certified Aviation Manager (CAM) credit.
Completion of the Certificate in Corporate Aviation Management also counts as three programs toward Darden's noncredit, four-program Certificate in Leadership & Management.
Participants
This program is designed for aspiring and experienced leaders in the aviation industry, from chief pilots to maintenance managers to executives. It will be useful to managers who want to update or expand their ability to build savvier budgets, negotiate equipment acquisition more effectively or learn new techniques for improving their bottom line.
Faculty
Lynn A. Isabella
Frank M. Sands Sr. (M.B.A. ’63) Associate Professor Emerita of Business Administration
Paul J. Simko
Frank M. Sands Sr. Associate Professor of Business Administration
June A. West
Marjorie R. Sands Associate Professor of Business Administration
Location & Accommodations
Darden School of Business
100 Darden Blvd.
Charlottesville, Virginia
Materials and some meals are also included in your program fee.
Accommodations
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Lodging will be provided at our new on-Grounds hotel for participants of this program as part of your program fee. If you register within 30 days of the program start date, accommodations at The Forum Hotel cannot be guaranteed. Alternate lodging would be provided. We encourage you to register early to reserve your spot!
The Forum Hotel
Kimpton Charlottesville
UVA DARDEN
540 Massie Rd.
Charlottesville, VA 22903
Enjoy access to all the hotel’s perks during your stay, including morning coffee and tea service, on-site fitness center, Birch & Bloom steakhouse, The Good Sport craft beer bar and large outdoor terrace.
Anchored by the beautiful Tahja Arboretum and LaCross Botanical Gardens with outdoor learning and reflection spaces, as well as state-of-the-art indoor classroom and event spaces, The Forum Hotel is the new home for Executive Education & Lifelong Learning programming.
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