1 / 7

Data sources: 2006 Membership Survey – 353 members (11,543 data points)

Plus One Flyers Directors and Officers Guidance Data 03/16/2006 BOD Meeting S. Kurowski, E. Archer, C. Johnston. Data sources: 2006 Membership Survey – 353 members (11,543 data points) 2003-2005 Aircraft usage logs – 27,656 member flights Includes D&O Thinking Points focus, page 7.

king
Download Presentation

Data sources: 2006 Membership Survey – 353 members (11,543 data points)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Plus One FlyersDirectors and Officers Guidance Data03/16/2006 BOD Meeting S. Kurowski, E. Archer, C. Johnston • Data sources: • 2006 Membership Survey – 353 members (11,543 data points) • 2003-2005 Aircraft usage logs – 27,656 member flights • Includes D&O Thinking Points focus, page 7 Plus One Flyers, Inc. Confidential

  2. Plus One Flyers membership consists ofTHREE DISTINCT PILOT POPULATIONS Plus One Flyers, Inc. Confidential

  3. Pilot Ratings • IFR 53% (Private, Commercial, ATP) • VFR 46% (Private, Student, Commercial, Recreational) • Multi-engine 27% • 61% under 500 total flight hours – ‘most critical’, 2005 Nall report • 77% under 1000 total flight hours • Monthly Flying • 24% budget < $250  41% fly < 5 hours • 62% budget < $500  76% fly < 11 hours • 78% budget < $750  86% fly < 16 hours • 17% full-time aviation professionals • 14% CFIs (flight instruction as principle activity) • 7% high-time non-professionals • 92% fly at MYF (7% SEE, 1% RNM – excludes recent SDM/RNM growth) • Avionics Requirements • IFR platform 56% , VFR platform 44% • Mirrors pilot IFR / VFR certificate rating ratios Membership Profile Highlights Plus One Flyers, Inc. Confidential

  4. Membership Profile Highlights • 83% of primary non-WX, non-personal reasons for canceled flights • Aircraft maintenance – 56% of total in this class • Not airworthy – 44% of total in this class • Mostly local pleasure flights, then training and staying current; average flight 1.7 hours • When prefers to fly • 34% weekends / holidays • 19% weekdays • Aircraft first picks • 50% Cessna 172 • 17% Piper single-engine • 33% all others combined • 89% tend to stick with a few favorite aircraft • Top aircraft selection reasons • 30% type/model • 17% availability • 15% trust/confidence in aircraft • 13% hourly cost Plus One Flyers, Inc. Confidential

  5. During the last 3 years, monthly aircraft revenue varied from year to year by less than $32K in month with total annual variance less than $81K Plus One Flyers, Inc. Confidential

  6. Plus One Flyers, Inc. Confidential

  7. D&O Thinking Points • Three distinct populations of member pilots • 54% low-time VFR only, 22% average VFR/IFR, 24% CFIs + high-timers • 3/4 using ‘standard’ cloned IFR trainers • majority do not fly complex / high-performance • Possibly slowly fine-tune club to maximum-utilization fleet composition? • #1 cloned aircraft = C172 with IFR platform, short-lived squawks • Example proportions: 75% C172, 15% other/medium stage, 10% complex hi-performance • Minor value-added club services for daily aircraft checks? • likely to have disproportionately high positive ROI effect for club aircraft utilization • examples: Tach & Hobbs check, squawks, top-off, maint. scheduling, owner calls, etc. • provisionally: must not cross the line of FAA responsibility • 30% (~$32,000) of monthly average cash flow bank reserve buffer possibly sufficient to smooth monthly cash flow variance • How might key dispatch system affect club aircraft utilization? Plus One Flyers, Inc. Confidential

More Related