What is included in the monthly management fee?
AeroShares and thereby AvWest Aircraft Management utilize the monthly management fee paid by fractional owners to cover various operational, maintenance, and administrative costs associated with managing the shared aircraft fleet. These fees contribute to ensuring a high level of safety, reliability, and service for all fractional owners. The monthly management fee typically covers expenses such as:
Professional crew: Recruitment, training, and salaries for pilots, flight attendants, and other essential flight crew members.
Maintenance and repairs: Regular inspections, routine maintenance, and any necessary repairs to keep the aircraft in top condition and in compliance with safety regulations.
Insurance: Comprehensive insurance coverage for the aircraft, passengers, and crew members.
Hangar and storage: Expenses related to aircraft storage, hangar fees, and related services at our home base.
Aircraft cleaning: Routine interior and exterior cleaning, as well as sanitization and detailing to ensure a clean and comfortable flight experience.
Navigation and communication: Subscription fees for navigational charts, communication systems, and other essential flight planning tools.
Regulatory compliance: Costs associated with ensuring compliance with FAA and other aviation regulations, including safety management systems, audits, and certifications.
Administration: General administrative expenses, such as staff salaries, office expenses, and other overhead costs related to managing the fractional ownership program.
By pooling these expenses among all fractional owners, AeroShares and AvWest Aircraft Management can provide a cost-effective solution that maintains high standards of safety, quality, and service for all members.