www.executiveflight.

nl

Welcome @ Executive Flight

Aircraft ownership and

operating cost reduction
Ing.
g Henryy Blommers
Pilot & Instructor

www.executiveflight.nl

Who are we?

ExecutiveFlightwasestablishedin2000
Weofferawiderangeofaviationservices:
Weofferawiderangeofaviationservices
Flightacademy(theoreticalandpractical)
PrivatePilot
AirTransportPilotLicense
Nightqualification
Instrumentrating
Multienginerating
Various(advanced)Instructorratings
FlightCharter
Small mediumsizedbusinesses
Upto10PAX
NWEuropeupto2500km
Focusonaffordabilitycomparabletobusiness
Focusonaffordabilitycomparabletobusiness
classairfares

www.executiveflight.nl

Who are we?

www.executiveflight.nl

Who are we?

www.executiveflight.nl

Business model Executive Flight

WecopiedtheRyanairlowcostconcept,butwithaneyefordetail
p
y
p,
y
andservice.
Thisconceptdevelopedanewmarketwithhighgrowpotential,
especiallyinhardeconomictimes Weattainedthispricelevelby
especiallyinhardeconomictimes.Weattainedthispricelevelby:
Anticyclicalinvestment
Exploitationofhardwarefrom3rd parties
Operationsfromlowcostairports
Focusoninternetpullmarketinginsteadofoldfashioned
pushmarketing
Highdegreeofautomation
WeonlyworkwithZZPstaffcontractors

Theresultisa100%growthrateduringthelast4years

www.executiveflight.nl

www.executiveflight.nl

www.executiveflight.nl

www.executiveflight.nl

www.executiveflight.nl

www.executiveflight.nl

www.executiveflight.nl

Opportunities
Jet occasions have depreciated 71% since 2000

2nd handpricesofjetsintheUnitedStateslowerthanever
(Bron:www.aircraftbluebook.com/marketline)

www.executiveflight.nl

Opportunities
A levelled
levelled playing field

Alargenumberofbusinessjetoperatorsthatoperatedfully
owned/leasedaircrafthasgonebankruptintheBenelux&
NordrheinWestfalen:SolidAir,Bikair,SkyTaxi,VHM,
AirTraffic,TripleAlphaetc.etc.
ThesoutheastofHollandisthehightechandagricultural
strongholdwithoffroutedestinations&whichis120traffic
jampackedkmsfromthenearestmainairlineportuseable
forbusinesstrips:Schiphol Dsseldorf Brussels
forbusinesstrips:Schiphol,Dsseldorf,Brussels
Duetotherecessionthereisanabundanceofveryexperienced
Crewmembersavailableforeverytypeofaircraft
Newesttechnologydeliverscheaperplaneswithmuchlower
operationalcosttheneverbefore

www.executiveflight.nl

Threats

EASA(EuropeanAviationSafetyAgency)wantstoabolish
(
p
y g y)
operationofNreg.aircraftinEuropeunderFAArules
Gettingintothemarketwillrequiresomeinfightingwith
theestablishedcompaniestryingtodiscreditus
Sharingmeansalsocompromisingavailability

www.executiveflight.nl

Advantages of sharing
Shared ownership & operation is a two edged sword

SharedinvestmentinaFlightltd.reducescapitallayout
g
p
y
Sharedoperationbringsaircraftfrom50100hrsto250350hrs
perannumreducinghourlyflightcostby4050%
Flightltd.willgeneratecompensablelossestooffsetprofits
elsewhereforshareholders
Aircraftmanagementis(mostly)highlyspecializedworkandis
betteroutsourcedtospecialists:inspections,crewing,
maintenance,flightpreparationandplanning,OPS,etc.
Possibilitytobuymorethen1aircraftand/orrentinplanesso
everymissionsgetsitsperfectplaneandavailabilitywillincrease
forallinvolved

www.executiveflight.nl

Advantages of Executiveflight

Benefitfromourknowhow,networkandentrepreneurialspirit
,
p
p
Veryflexibleandcustomerfocused
Significantreductionofoverheadcosts
WinningRyanairbusinessmodel>50.000websitevisitors
Skilledonline andofflinemarketingtogenerateextraincome

www.executiveflight.nl

Strategic fit
Why we are interested to talk to prospective buyers!

Inthecurrenteconomicalsituationplanepricesarelow
p
p
Crewisavailableinlargenumbers
Withmarketgrowth
Withmarketgrowth,ourwinningbusinessmodeliseasy
ourwinningbusinessmodeliseasy
adjustable
Marketisbottomingoutnow,soananticyclicalinvestment
willnowworklikeahedgeforus

www.executiveflight.nl

Proposed plan of operation

Procure2youngoccasions;1turboprop(smallparties&short
distance)and1jet(largerparties&largerdistances)
DosointheU.S.athistoricallylowpricescomparedtoEurope
K
KeepthemontheNreg
h h N
f d d
forreducedoperationalcostsandto
i
l
d
avoidpayingtheVAT(ifpossible,undercertainconditions)
AvoidAOC(AirlineOperatorCertificate)hassles,restrictionsand
(
p
)
,
costbyflyingprivateinsteadofcommercial
3rd partycustomerscanbeofferedmicro participations,
club membershipsortheycanrenttheplaneandthepilot
clubmembershipsortheycanrenttheplaneandthepilot
servicesattheirinitiativethroughseparateentities

www.executiveflight.nl

Discussion
Let strytoseeifthereiscommonground
Letstrytoseeifthereiscommonground