Business & General Aviation Aircraft Operating Costs

David Wyndham, previously of Conklin & de Decker, helped the consulting company become an industry authority on Business & General Aviation aircraft operating costs. Today representing Asset Insight Consulting Services, David discusses Aircraft Operating Costs with Tony Kioussis, including:

• Identifying the different types of operating costs, and how an operator should view them.
• Identifying Variable, Fixed, and Other Costs an operator should keep in mind.
• The reasons for tracking aircraft-related expenses on a Cost per Hour and a Cost per Mile basis.
• Understanding the cyclical nature of maintenance.
• The items to consider when operating under a “low utilization” environment.
• What owners and operators are most likely to misunderstand when it comes to operating costs.
• Improving understanding and communication when it comes to costing.
• Structuring an operating budget.

About David Wyndham

David Wyndham has extensive expertise in aircraft sales and acquisitions, asset management, cost and budget analysis and finance fundamentals. With several decades supporting aircraft owners and operators in making fully-informed decisions about their aircraft needs, his expertise spans from the flight department to the executive boardroom.

David is the founder of David Wyndham + Associates, Vice President of Asset Insight Consulting Services, and previously he was a Co-owner and President of Conklin & de Decker where he consulted with large corporations, individuals, and government agencies on their aircraft needs. He has written over 300 articles (many for AvBuyer), presented seminars, and delivered keynote speeches at aviation events.

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Asset Insight

Asset Insight, LLC provides asset optimization solutions to support entities with a financial interest in an asset through valuations, analytics, audits, specialty services, and consultation, both nationally and worldwide. 

Asset Insight provides a broad spectrum of valuation services, from machinery and equipment to business valuations.  As one of the world’s largest aviation valuation firms, Asset Insight has been involved in thousands of aircraft appraisals, from light single-engine to heavy airline transport aircraft, and has earned a reputation for quality service, responsiveness, and innovative use of technology.

The company’s maintenance “Asset Grading System Process,” and related analytics, translate an asset’s technical condition into actionable, financial information utilizing an easy-to-understand, standardized scoring system, resembling a credit score – the “Asset Insight Index.” 

Asset Insight is managed by a group of business, technical, and financial professionals with significant experience in various aspects of the asset management industry.   The company is independent of any manufacturer, financial services firm, or technical services facility, enabling it to provide an unbiased view of an asset’s maintenance condition and related value.  Combining detailed maintenance information with the company’s extensive databases and advanced statistical modeling allows Asset Insight to provide the most accurate, up-to-date valuations and Residual Value estimates. 

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