Author: Rick Heaton
ATPL 167268
Date: 12th September, 2009
Contact: Phone (07) 55466788
Facsimile: (07) 55467090
Email: rick.heaton@bigpond.com
Contents
Executive Summary 3
Company Details 4
Mission Statement 4
Project Overview 5
Training Syllabus 5
Aircraft Equipment 7
Market Summary 9
Competition 10
People Team 13
General Manager 13
Chief Flying Instructor/Chief Pilot 14
Strengths, Weaknesses, Opportunities and Threats 16
Strengths 16
Weaknesses 16
Opportunities 17
Threats 17
Financial Goals and Objectives 20
Resource Requirements 20
Financial Analysis 21
Aircraft Operating Costs 22
Business Expenses 27
Revenue Projections 30
Cash Flow Projections 31
Required Capital 34
Project Timeline and Implementation Schedule 35
Appendix i 38
ICAO News Release PIO 16/08 38
Appendix ii 39
Boeing Market Outlook – Traffic Growth Forecast 39
Appendix iii 40
Spreadsheet Comments 40
Executive Summary
This document is prepared and presented by the author, to detail the proposed Jet Transition Training Program developed by Abacus Training in response to the Memorandum of Understanding (MOU) between Steadfast Aviation Services and the client airline.
The details of the MOU include the intention of the client airline to provide 100 students per annum to undertake the jet conversion training program developed and conducted by Abacus Jet Conversion Training.
This Abacus Training Jet Transition Program Business Plan details the physical, human and financial resources required to successfully implement the project and identifies the required start up capital (inclusive of first three months operational budget).
The initial funding required is in the amount of $1,400.000.00 (Australian Dollars).
The nominated level of funding will ensure the venture is sufficiently capitalised to meet cash flow requirements during establishment and initial operations as identified in the financial analysis provided.
This...