Hawkeye Aircraft Acquisitions LLC, a boutique
private aviation consulting firm, has launched a free web-based Business
Aircraft Productivity Calculator to help individuals and companies determine the
time savings and value added a business aircraft can provide over commercial
This tool was designed to provide a high level
overview of the hours, productivity, and the value of time saved.
“The inspiration for designing this tool and
making it readily available is two fold,"
Mike McCracken, President said.
“One, we wanted a simple method that would allow first time buyers of private
aviation travel solutions, an easy way to see the value added, whether that is
charter, time share or full ownership. Second, we felt that it is important for
existing flight departments to track these metrics for justifying their current
aircraft or increased use of their aircraft."
Taking less than 5 minutes to complete, users
are able to select travel destinations from a drop down list and pick from three
different aircraft types; super-mid, large, and 'My Aircraft', resulting in
block speeds and hourly operating costs being automatically populated based on
the selected criteria. When choosing 'My Aircraft' users are able to provide
their own block speed and operating costs to allow for a more accurate analysis
of the costs of your own aircraft, charter, or a fractional share.
Additional features include the ability to
input ground travel time for the nearest airport serviced by commercial airlines
as well as links to look up current commercial airfare for the inputted trip. If
commercial airlines limit the ability or do not provide the capability of
completing the trip within a single day, the 'Overnight' button can be selected
which layers in the additional costs and time loss that would be avoided when
utilizing a business aircraft.
For the value of the time saved, users are
able to input salary ranges for C- Level executives and upper management
employees. The tool then calculates common productivity factors from NBAA and No
Plan No Gain reports to determine a value for the time saved when using a
Try out the Productivity