Aircraft Rental. Aircraft Rental expense is the cost of renting an aircraft and major components (engines etc.). Budgeted expectations are for 2014/15 to have an expense of $3.7 mil. Budgeted Facilities Rental for the year ending June 30, 2015 is forecasted at $649K. Communication costs include local and long distance telephone charges, line charges for the reservation system, and messaging costs. Budgeted Communication costs for the year ending June 30, 2015 are $538K.
Aircraft Rental. Aircraft Rental expense is the cost of renting an aircraft during any periods that Cayman Airways own aircraft is not available as well as the lease payments related to the fourth and fifth aircraft. Aircraft Rental expense for the year ending June 30th, 2009 was $6,639K. Budgeted expectations are for 2009/10 to have an expense of $5,413K. This amount can vary drastically, however, depending on results of lease negotiations with ILFC and cargo flight frequency. Facilities Rental for the year ending September 30, 2009 was $659K. Budgeted expenses for 2009/10 call for slight increase to $709K. Communication costs include local and long distance telephone charges, line charges for the reservation system, and messaging costs. Communication costs for the year ending September 30, 2009 were $855K. An aggressive campaign to tackle this expense area is expected to result in the budgeted amount of $499K. Depreciation expense through the end of 2007/8 previously was driven largely by the operation of the 737-200 aircraft and the associated spares owned by the airline. This has changed by including only non-aircraft assets and will spares associated with the 737-300. However, engine overhauls not reimbursed by the lessor are amortized over the remaining lease term so has a material impact on the expense. Depreciation Expense for the year ending September 30, 2009 was $2,611K. The 2009/10 budget calls for depreciation in the amount of $1,599, but may vary significantly if the airline renews an existing aircraft lease.
Aircraft Rental. Any service desiring to engage in the rental of aircraft to the public shall provide as a minimum the following:
Aircraft Rental. 33 Except as otherwise provided in any agreement between the FBO or business and the County, 34 an FBO or business providing aircraft rental services shall:
36 a. Construct a building or lease all or a portion of a building to provide suitable 37 facilities for office space, flight planning, pilot supply sales, customer lounge area, 38 aircraft parking, auto parking for customers / employees, and provide properly 39 lighted and heated restrooms for customers / employees. A telephone shall be 40 supplied for flight plans, weather briefings, or other flight related uses;
41 b. Provide, and at all times maintain, a minimum of two (2) aircraft, owned or leased by 42 and under exclusive control of the FBO or business, which are properly equipped and 43 FAA certified for rental and flight instruction;
44 c. Ensure that at least one (1) of the above aircraft is equipped and FAA certified for 45 IFR flight;
46 d. Provide a properly FAA certified flight instructor on duty capable of conducting 47 flight checks for prospective renters during normal business hours;
48 e. Have adequate facilities or arrangements for storing, parking, servicing and repairing 49 all of its aircraft; and
50 f. Maintain aircraft in accordance with all applicable FAA regulations. 51
Aircraft Rental. 20
A. Definition
B. Minimum Standards Site Development Aircraft Repair and Servicing Inventory Insurance Hours of Operation Personnel
Aircraft Rental. A. Definition
Aircraft Rental. Aircraft Rental expense is the cost of renting an aircraft during any periods that Cayman Airways own aircraft is not available as well as the lease payments related to the fourth and fifth aircraft. Aircraft Rental expense for the year ending June 30th, 2006 is expected to be $2,769K, an increase over the results for 04/05 of $275K (11%) The increase is due to leasing two aircraft for 12 months in 05/06.
Aircraft Rental. Aircraft Rental expense is the cost of renting an aircraft during any periods that Cayman Airways own aircraft is not available as well as the lease payments related to the fourth and fifth aircraft. Aircraft Rental expense for the year ending June 30th, 2009 is expected to be $4,878K, an increase over the results for 2007/8 of $1,921K The increase is the result of an increase in lease rates on the existing 737-300s and the addition of a third 737-300. Also, takes into account leased service to provide cargo flights. Facilities Rental for the year ending June 30, 2009 is expected to be $515K, a decrease over the results for 2007/08 of $255K. Budget year is first full year that the full benefit of the new headquarters building will be realized. In addition, we plan to vacate much (if not all) of the Blue Lagoon facility in Miami. Communication costs include local and long distance telephone charges, line charges for the reservation system, and messaging costs. Communication costs for the year ending June 30, 2009 are expected to be $433K, a decrease over the results for 2007/8 of $80K. The decrease, despite an increase in the number of passengers, is due to cost saving measures including:
Aircraft Rental. Aircraft Rental expense is the cost of renting an aircraft during any periods that the 737-200 aircraft owned by CAL are not available as well as the lease payments related to two leased 737-300 and two leased Twin Otter aircraft. Aircraft Rental expense for the two 737-300’s is assumed to be $88K per month for each aircraft. Aircraft rental expense for the two leased Twin Otters is assumed to be $17K per month for each aircraft. Aircraft Rental expense for the year ending June 30th, 2005 is expected to be $2,520K, an
Aircraft Rental. Aircraft sales.
