There are many disparate parts to the aviation industry, dozens of different ratings and hundreds of conflicting opinions. However, there is one common theme that unites us all: how do we make a profit? Transforming a hobby into a profitable business should be easy at the outset, as our passion should naturally rub off on others. Unfortunately, exorbitant finance and insurance costs, increasing regulations and the often punishing safety requirements tend to stop many businesses in their tracks.
One aviation activity that mystifies many, economically speaking, is the elusive area of charter operations. Go to any small airfield and there will be a few companies, often with a solitary twin parked outside, offering scenic flights and charter routes. More often than not, every time you go past, the machines will be parked on the flightline and the offices quiet as a morgue. How do they make a living? What kind of people use their services? Are they a dying breed?
I am fortunate enough to also work for a successful aviation company. I see the huge insurance and avgas bills, I sometimes notice a few students wandering past for flight training and I know many of our pilots are often away on the job in far flung places but, if I didn’t peek at the logbooks, I would honestly wonder how it all happens. Sadly, many smaller companies are existing from hand to mouth. In this issue, we look at the new regulations which may affect charter operators, consider unique, niche charter services which are proving successful and consider opportunities for those willing to put in the extra nautical mile.
Finally, we look forward to the impending Wide Bay Australia International 2007 Airshow. This event is shaping up to be somewhat spectacular, building upon the success of past years, and packing three days of aviation action, static displays and several magnificent aerial demonstrations into three days, from the 3rd to the 5th August. Bundaberg airport in Queensland plays host to the event but, before you visit, we have picked some of the best exhibitors at the accompanying trade show for you to read about this month. One thing’s for sure, in the depths of winter, a flying visit to Queensland’s more temperate climes won’t go amiss. See you there!
Simon Hollway