Business
February 28, 2022
Insights into Aircraft Management with Ben Harrow, President of PAMJETS
Uncover the strategies with aircraft management
Welcome to another insightful blog! This week, we had the pleasure of hosting Ben Harrow, the president of PAMJETS.com. With a wealth of experience in aircraft management, Ben shared valuable insights into the intricacies of managing private jets, the differences between Part 91 and Part 135 operations, and the current trends shaping the aviation industry. Whether you're an aircraft owner or an aviation enthusiast, this episode is packed with expert knowledge you won't want to miss.
Part 91 vs. Part 135 Operations
One of the key topics we discussed with Ben was the distinction between Part 91 and Part 135 operations. Part 91 covers private, non-commercial operations, whereas Part 135 includes commercial activities such as charters. PAMJETS focuses solely on Part 91 operations to avoid the complexities and regulatory challenges associated with commercial charters. This allows them to provide a more streamlined and efficient service to their clients.
Pilot Management: A Growing Challenge
The aviation industry has faced significant challenges with pilot shortages and rising salaries. Ben highlighted that pilot costs have been one of the biggest increases in managing and owning aircraft. Despite the recent stabilization in the market, ensuring the availability of qualified pilots remains a top priority for PAMJETS. They employ a rigorous selection process to find pilots who are not only skilled but also capable leaders for their flight departments.
Building Long-Term Client Relationships
At PAMJETS, the philosophy is clear: quality over quantity. Ben emphasized the importance of building long-term relationships with clients rather than taking on numerous projects. Effective communication is crucial in this process, ensuring that both the management company and the aircraft owner are on the same page. By understanding each client's unique needs and mission, PAMJETS can provide tailored solutions that enhance the overall ownership experience.
Navigating Industry Challenges
Aircraft management is not without its hurdles. From pilot shortages to maintenance issues, Ben shared how PAMJETS navigates these challenges with contingency plans and a proactive approach. One of the key strategies they use is maintaining direct and personal communication with clients, which helps in quickly resolving any issues that arise.
Leadership and Experience
Ben's background as a Special Forces Detachment Commander has greatly influenced his leadership style and approach to problem-solving in the aviation industry. His adaptability and resilience are assets that help him and his team manage aircraft effectively, ensuring that they meet and exceed client expectations.
Market Trends and Future Outlook
The aviation market has seen significant fluctuations, especially in the wake of COVID-19. Ben discussed how the demand for aircraft surged during the pandemic, leading to high prices. However, with the market now stabilizing, there is an anticipated increase in aircraft inventory, which could result in lower prices. For those looking to invest in aircraft, Ben recommends focusing on reliable models like the Gulfstream G550, which offers excellent value and performance.
Conclusion
Our conversation with Ben Harrow provided a deep dive into the world of aircraft management. From understanding the nuances of Part 91 and Part 135 operations to navigating pilot shortages and market trends, Ben's insights are invaluable for anyone involved in private aviation. We hope you enjoyed this episode and found the discussion as enlightening as we did.
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