Managing the costs of aircraft ownership

In the first two articles, Gary Crichlow, Arc & Co’s Director, Aviation Finance, takes a look at the costs and financial considerations of aircraft ownership

The article features commentary provided by Nick Houseman, Elit’Avia Co-Owner and Board Member

“Running costs can really be split into two categories: fixed costs that you pay whether you fly or not, and variable costs that are proportionate to how much you use the aircraft. There is some overlap, especially where maintenance is concerned. Some maintenance is calendar-based, and some is based on how much – hourly – and how frequently – cyclic – you fly” – Nick Houseman

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