Air Charter Service Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Air Charter Service Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start an Air Charter Service business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Air charter services are very interesting businesses to operate given that they are able to generate revenues through a number of different types of centers. Foremost, most air charter services focus specifically on providing flight programming to wealthy individuals and corporations that need to make private trip travel arrangements. The first margins generated from arranging flights usually ranges anywhere from 10% to 15% of the total face value of the transaction. Of course, some air charter services actually own their own fleet of aircraft in which case the gross margins can be substantially higher. For the purpose of this business plan is assumed that the air charter services operates primarily any fruit freight and flight programming capacity rather than owning and operating a fleet of private aircraft. The startup costs for a new air charter service are usually substantial given that a significant amount of working capital needs to be on hand. In some instances, and air charter service will actually front the cost of the flight first before they are paid by the client. As such, most air charter services have a startup cost ranging from $250,000 to $750,000 depending on the types of flights arranged. The barriers to entry for these types companies is very high given the substantial amount of licensure needed from the federal government in order to operate this business within the letter of the law.
Although banks and lenders may provide some level of capital support for an air charter service many of these companies are actually started with private investor capital. As such, a business plan is usually needed in order to acquire the necessary money to launch a new air charter service. Within the business plan a three-year profit and loss statement, cash flow analysis, balance sheet, business ratios page, breakeven analysis, and other business metrics page should be included as part of the overall package. Additionally, a focus on the market including population size, population density, median household income, median family income, and the number of people that fall into a wealthy demographic should be examined thoroughly. Also, many air charter services will look to work with inventory and product base businesses in order to have expedited shipments made on behalf of these corporations. If this is part of your overall business model and an examination of the number of companies that have expressed product shipping needs should also be examined within the business plan.
An air charter service marketing plan should also be developed to given that most of these companies need to target very wealthy individuals who are going to need private flights from time to time. An expansive web presence is usually maintained to showcase the available aircraft, preliminary pricing information, hours of operation, important employee biographies, and how to book a flight with the business. This website should have substantial functionality that allows individuals to see exactly what flights are available and with what type of aircraft. Many air charter services will also take out print advertisements in high-end luxury magazines as well as financial magazines so that they can target demographics of wealthier business people that are going to need private flight services. For some companies, relationships with travel agents are also developed so that these agents can have a way to arrange a private flight on behalf of one of their wealthier clients. This is one of the ways that many of these companies generate revenues from the onset of operation given that travel agents have a huge incentive to place flights with air charter services.
An air charter service SWOT analysis should also be developed. As it relates the strengths, while his businesses do have high operating costs they are primarily do when an actual flight is chartered. The underlying operating expenses for a air charter service are considered to be somewhat low to moderate. For weaknesses, these companies cater to a highly specific and very small demographic of people. As such, and economic downturn can impact the way that these businesses generate revenues given that luxury travel may be cut out of a person’s budget during difficult economic times. For opportunities, many air charter services will seek to either lease and aircraft that they can rent out on their own or develop relationships with third parties that own and operate planes that can be used by the company’s client base. For threats, outside of any major economic recession there’s really very little ongoing threats that face air charter services. Of course, there are companies out there that offer fractional ownership of aircraft which are an ongoing competitive threat to any air charter service.