Brown Aviation Lease Launches Power-by-the-Hour Solution for Flight Schools
Bedford, MA (PRWEB) August 06, 2014 -- Democratizing access to modern training aircraft, increasing margin for flight schools and providing operators with a frictionless experience driven by technology and big data: That is the latest mission taken on by Brown Aviation Lease (BAL) with their new product RedHawk powered by Brown Aviation Lease.
In partnership with RedHawk Aero, LLC, Brown Aviation Lease has built the first power-by-the-hour solution that brings together hardware, software and services into one platform for flight schools and collegiate aviation programs. The combination of the three components, allows Brown to use data and technology to deliver a better product at a more affordable price.
Each component consists of the following:
• Hardware – RedHawk Training Aircraft provided by RedHawk Aero, LLC
• Software – PlatformBrown, built to reduce cost and increase the operational efficiency of flight training equipment. Features include real-time record keeping, cost and utilization analysis and maintenance status tracking for individual aircraft and entire fleets.
• Services - Included in the program, Brown provides all scheduled engine maintenance parts and a labor rebate for scheduled engine maintenance events.
Flight schools have the option to consume this solution in two ways, both of which include the software and services platform.
Option 1: RedHawk powered by Brown Aviation Lease - an all-inclusive rental solution for part 141 and part 91 programs
Option 2: RedHawk Finance powered by Brown Aviation Lease - an all-inclusive financing solution for flight schools that prefer to own their RedHawk aircraft
Over the next six months Brown Aviation Lease will be testing the full rental solution including the pricing, software and service delivery to validate its impact on flight school margins. Infinity Flight Group, the Marine Military Academy, and Aerosim Flight Academy have joined as launch partners for the six-month trial.
Pricing for the launch period consists of a blended rate comprised of a fixed fee and an hourly rate conducive to high utilization environments. A flight school with a monthly utilization of 70 hours would pay a combined implicit rate of $81 per hour.
Included in that rate is:
• Utilization up to 1,200 hours annually;
• All scheduled engine maintenance including parts, consumables and labor;
• Accruals for engine replacement at 1,500 hours; and
• Access to Brown’s fleet management software.
“Beginning this fall, Brown is providing access to a modern training aircraft at a price point that is an attractive addition and asset to our program and current fleet of aircraft. The addition of the software and services, helps us maintain our dedication to quality, safety, reliability, and performance to turn students into successful airline pilots and exceed the expectations of airlines worldwide,” states Hank Coates, vice president of Aerosim and executive director of Aerosim Flight Academy located in Central Florida.
As a proxy, a flight school operating out of Plymouth Municipal Airport (KPYM) at 70 hours/month charging rental customers $160 wet/no instructor for a RedHawk aircraft would have an estimated hourly margin of 29 percent based on the following:
• $6,000 annual insurance cost
• $5.39 per gallon of Jet-A (retail price of fuel at KPYM)
• $2.00 hourly accrual for unscheduled maintenance
“For a flight school that puts a lot of hours on our aircraft, the RedHawk powered by Brown program is a no brainer. By having everything packaged into one platform, we can now re-focus much of our time on training students,” says Gregory John, owner of Infinity Flight Group (formerly Mercer Flight Academy).
Flight schools interested in learning more about RedHawk powered by Brown Aviation Lease or RedHawk Finance can visit http://www.RedHawkByBrown.com.
About Brown Aviation Lease, LLC
Brown Aviation Lease is the leading fleet management company for professional flight training organizations. They provide a full platform of fleet management solutions for university and institutional pilot education programs. Founded in 2008, Brown Aviation Lease currently owns and manages over 75 piston aircraft making them one of the largest owners of modern training aircraft in North America. For more information, please visit http://www.brownaviationlease.com.
About RedHawk Aero, LLC
A subsidiary of Redbird Flight Simulations, RedHawk Aero has set out to create the first aircraft designed specifically for flight training. RedHawk’s mission is to design, build, and test a high quality flight training aircraft that uses best of breed technologies and innovative partnerships to maximize long term affordability and operating efficiency. For more information, please visit http://redhawk.redbirdflight.com.
About Infinity Flight Group
Infinity Flight Group has established a solid reputation as a world class operation that places an emphasis on maintaining high standards across its flight training, aircraft rental, charter, management and maintenance business. Located at Trenton-Mercer Airport in New Jersey, Infinity Flight Group provides thorough and safe training to students and selective aircraft checkouts for rental customers, ensuring aircraft are operated safely and respectfully. For more information, please visit http://ireallywanttofly.com.
About Marine Military Academy
Marine Military Academy is a college-preparatory boarding school for young men in grades 8-12 with an optional post-graduate year. Since 1965, MMA is the only private school in the world based on the traditions and values of the U.S. Marine Corps. Located in Harlingen, Texas, MMA has been home to thousands of sons from across the world and is quarters to the historic Iwo Jima Monument. For more information, please visit http://www.mma-tx.org.
About Aerosim Flight Academy
Originally established in 1989 and based at the Orlando Sanford International Airport, Aerosim Flight Academy is the only flight school originally owned and operated by airlines: Comair Airlines and Delta Air Lines. Today, under the name of Aerosim Flight Academy, the rich history of professional pilot training continues with flight training courses approved by the FAA under 14 CFR Part 141 and specialized flight training under 14 CFR Part 61. http://www.AerosimFlightAcademy.com.
Nick Abate, Brown Aviation Lease, http://www.brownaviationlease.com, +1 (781) 350-5859, [email protected]
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