Most senior executives recognize that corporate aircraft are strategic assets which provide immense value. But many of these same executives don't have the performance metrics and data to defend that position. Fortunately, every flight department has the raw data necessary to create useful performance metrics – some of which can be very helpful to share with senior management.
Every flight department is different. Each company has a different business strategy, geographic travel profile, and various uses for its aircraft. Users of performance metrics should not use a single metric in isolation. Instead, a flight department should select a family of measures that best suits its company orientation.
This whitepaper explains seven useful performance metrics for flight departments. It focuses on using the data you already possess to gain insights about how your aircraft support the strategy of your company. It addresses three broad categories of non-financial metrics:
It also explains the formula behind each metric, or the manner to calculate it.
Each metric in the whitepaper is automatically calculated by the AircraftLogs system on our Performance Dashboard, provided to all corporate customers.
AircraftLogs can help your flight department. To learn how we can help you, tell us about your organization.
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