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After a break for vacation and initial training, we're back with new episodes on reducing risk and increasing value in business aviation.
Improving The Numbers
What if we could improve the financials of owning and operating business aircraft simply by accounting for the asset in a more strategic manner… with the C-Suite, tax department, and flight operations making financial decisions together that take full advantage of savings allowed by the SEC, IRS, and FAA?
We’re talking aircraft depreciation. And today, we’re joined by Ryan DeMoor, Financial Analyst, Aviation at Amway.
Financial Analyst Expertise
Ryan is an expert in business aviation operational finance. He’s an MBA, CAM, and holds an ATP… having spent 5 years in FAR 121 airline flight operations, another 5 years in FAR 135 on demand operations including roles as pilot and financial analyst, and has spent the last 2.5 years as a dedicated financial analyst with one of the largest and most complex private FAR 91 operations in the world.
He's also a long-time friend, professionally and personally.
Dealing With Depreciation
Today Ryan provides perspective in this episode on the following questions:
- What is depreciation and why does it matter?
- How important is depreciation in a flight department budget or in buying a business airplane?
- What's most important for business aircraft owners and operators to think about with regard to depreciation?
If you've always wanted a simple explanation of depreciation and how it affects the numbers of airplane ownership, this episode is for you!
Mentioned In The Show
Ryan DeMoor, CAM, MBA – LinkedIn
See Ryan in September's NBAA Business Aviation Insider
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[…] can blackout your bird from your travel calendar due to charter commitments. In addition, taxes and depreciation can get tricky and regulations can render any “profit” barely worth the hassle. But, their expertise […]
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