Aircraft Services. Aircraft Services includes the costs of services the airline has contracted out to other companies as well as some terminal access charges at certain airports. Charges include ground handling, customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Budgeted Aircraft Services for the year ending June 30th, 2015 is $7.5 mil.
Aircraft Services. Aircraft Services includes the costs of services the airline has contracted out to other companies as well as some terminal access charges at certain airports. Charges include ground handling, customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Projected Aircraft Services for the year ending June 30th, 2011 is $5,809K. The budget calls for a 2011/12 expense of $5,787K. The decrease is due to a slight reduction in a number of flights. Current contract negotiating and continuing review means that additional savings may be realized going forward.
Aircraft Services. Aircraft Services includes the costs of services the airline has contracted out to other companies as well as some terminal access charges at certain airports. Charges include ground handling, customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Projected Aircraft Services for the year ending June 30th, 2014 is $7,207K. Projected Meal and Beverage expense for the year ending June 30, 2014 is $1,150K. Elimination of most meals on flights less than 2 hours (except for business class) has resulted in savings. Commissions and Credit Card expense includes commissions paid to travel agents, fees for processing credit card charges, and booking fees. Actual Commission and Credit Card expense for the year ending June 30th, 2013 is $3,157K. The 2013/14 budget calls for the expense to remain fairly steady at $2,974K. Navigation and Overfly are the fees incurred for flying through certain airspace (for example Cuba and Jamaica). Navigation and Overfly expense for the year ending June 30th, 2014 is budgeted at $744K. Note 17 - Other Maintenance Other Maintenance expense includes the cost of repairing rotable (reusable) parts for the aircraft, the cost of purchasing expendable (single use only) parts, and the cost of leasing parts. Budgeted Other Maintenance expense for the year ending June 30th, 2014 is $1,817K. Note 18 – Aircraft Rental Aircraft Rental expense is the cost of renting an aircraft and major components (engines etc.). Budgeted expectations are for 2013/14 to have an expense of $4,357K. Actual Facilities Rental for the year ending June 30, 2013 is $563K. Budgeted expenses for 2013/14 call for an insignificant increase to $633K. Communication costs include local and long distance telephone charges, line charges for the reservation system, and messaging costs. Actual Communication costs for the year ending June 30, 2013 are $617K. A slight decrease is expected in 2013/14 to $538K. The primary component of depreciation during the budget year will be the amortization of engine overhauls, to the extent not reimbursed by the lessor. These costs are amortized over the remaining lease term so the impact can be quite material. Actual Depreciation Expense for the year ending June 30, 2013 is $1,706K. The 2013/14 budget calls for depreciation in the amount of $1,947K. General and Administrative expenses include postage, stationary, facility m...
Aircraft Services. Aircraft Services includes the costs of services we have contracted out to other companies as well as some terminal access charges at certain airports. Charges include customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Aircraft Services for the year ending June 30th, 2007 is expected to be $6,660K, an decrease over the results for 05/06 of $81K (1%) The decrease is due to a reduction in the number of flights to expensive destinations such as Boston & Chicago and target reductions in Handling Charges and Security Fees partly offset by an increase in the cargo handilng expense (due to growth in cargo revenue).
Aircraft Services. 1. Aircraft Handling.
2. Aircraft Load Coordinator.
3. Ground Support Equipment, including Ground Power Units, Air Starts, Push-Backs, Tow Bars, Cargo Loaders, and Crew Stairs.
4. Ground Support Equipment Maintenance and Fuel.
A. Facilities Services: For the Facilities Services, $[*] per week.
Aircraft Services. For the Aircraft Services, $[*] for each Aircraft Turn. The term “Aircraft Turn” will mean one arrival and the subsequent departure of an Aircraft with respect to the Services provided by the Carriers pursuant to the Agreement.
Aircraft Services. Aircraft Services includes the costs of services we have contracted out to other companies as well as some terminal access charges at certain airports. Charges include customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Aircraft Services for the year ending June 30th, 2005 is expected to be $5,473K, an increase over the projection for 03/04 of $644K (13%). The increase is the result of additional flights combined with the fact that the newest destinations (such as Chicago) have the highest rates. Meal & Beverage expense for the period January through June 2004 is assumed to be 2.1% of passenger revenue. The rate increase is the result of two class service, longer average stage lengths, and higher costs for new destinations such as Chicago. Beverage expense for Cayman Express inter-island service. There is no Meal & Meal & Beverage expense for the year ending June 30th, 2005 is expected to be $670K, an The increase is the result of increased passenger traffic combined with the introduction of two class service.
Aircraft Services. Aircraft Services includes the costs of services the airline has contracted out to other companies as well as some terminal access charges at certain airports. Charges include ground handling, customer service, baggage handling, maintenance inspection, grooming, lavatory, security, xxxxxx fees, and lounge usage charges. These charges vary significantly for each airport. Projected Aircraft Services for the year ending June 30th, 2016 is $8,128K. Note 14 – Meal and Beverage Projected Meal and Beverage expense for the year ending June 30, 2016 is $1,115K. Elimination of most meals on flights less than 2 hours (except for business class) has resulted in savings. Commissions and Credit Card expense includes commissions paid to travel agents, fees for processing credit card charges, and booking fees. Budgeted Commission and Credit Card expense for the year ending June 30th, 2016 is $3,173K. Navigation and Overfly are the fees incurred for flying through certain airspace (for example Cuba and Jamaica). Navigation and Overfly expense for the year ending June 30th, 2016 is budgeted at $819K. Other Maintenance expense includes the cost of repairing rotable (reusable) parts for the aircraft, the cost of purchasing expendable (single use only) parts, and the cost of leasing parts. Budgeted Other Maintenance expense for the year ending June 30th, 2016 is $2,921K. Note 18 – Aircraft Rental Aircraft Rental expense is the cost of renting an aircraft and major components (engines etc.). Budgeted expectations are for 2015/16 to have an expense of $1,731K, down by 31% (CI$781K) over prior year. These savings are a result of the Company purchasing 3 previously leased 737-300 jets and the expected purchase of a Saab 340 to replace the currently leased Embraer EMB120 aircraft. Facilities Rental for the year ending June 30, 2015 is forecasted at $634K. Budgeted expenses for 2015/16 call for an insignificant increase to $653K. Communication costs include local and long distance telephone charges, line charges for the reservation system, and messaging costs. Forecasted Communication costs for the year ending June 30, 2015 are $575K. A slight decrease is expected in 2015/16 to $584K.
Aircraft Services. We provide aircraft asset management and corporate services to securitization vehicles, joint ventures and other third parties. We categorize our aircraft services into aircraft asset management, administrative services and cash management services. Since we have an established operating system to provide these services to manage our own aircraft assets, the incremental cost of providing aircraft management services to securitization vehicles, joint ventures and third parties is limited. Our primary aircraft asset management activities are: ● remarketing aircraft; ● collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance and accepting delivery and redelivery of aircraft; ● conducting ongoing lessee financial performance reviews; ● periodically inspecting the leased aircraft; ● coordinating technical modifications to aircraft to meet new lessee requirements; ● conducting restructuring negotiations in connection with lease defaults; ● repossessing aircraft; ● arranging and monitoring insurance coverage; ● registering and de-registering aircraft; ● arranging for aircraft and aircraft engine valuations; and ● providing market research. We charge fees for our aircraft management services based primarily on a mixture of fixed retainer amounts, but we also receive performance based fees related to the managed aircrafts’ lease revenues or sale proceeds, or specific upside sharing arrangements. We provide cash management and administrative services to securitization vehicles and joint ventures. Cash management services consist of treasury services such as the financing, refinancing, hedging and on-going cash management of these vehicles. Our administrative services consist primarily of accounting and secretarial services, including the preparation of budgets and financial statements, and liaising with, in the case of securitization vehicles, the rating agencies. Through our wholly-owned subsidiary, AeroTurbine, we provide engine leasing; certified aircraft engines, airframes, and engine parts; and supply chain solutions, and we possess the capabilities to disassemble aircraft and engines into parts. These capabilities allow us to maximize the value of our aircraft and engines across their complete life cycle and offer an integrated value proposition to our airline customers as they transition out aging aircraft. AeroTurbine seeks to purchase engines for which there is high market demand, or for which...
Aircraft Services. A full range of air charter travel services, which include, without limitation, booking for travel, flight amenities, and other standard charter costs.
