Corporate aircraft reporting requirements are not well understood, leading to frequent reporting failures among even the largest companies. In addition, corporate aviation reporting is often a neglected reporting requirement.
In June 2011, the Wall Street Journal ran a front page article targeting aircraft reporting failures of the Fortune 1000. It was a hard-hitting article, identifying large discrepancies between their SEC proxy disclosures and the actual flight history of their aircraft.
There are four primary risk areas for reporting failure facing Fortune 1000 companies with corporate aircraft. AircraftLogs provides aviation data management software and reporting services to solve these problems. It prevents the common reporting failures detailed in the download below.
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