corporate flight management essential air service proposal pa-wv-va markets
TRANSCRIPT
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Proposal to Provide Essential Air Service
May 20, 2016
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About Corporate Flight Management
Corporate Flight Management, Inc. (CFM) was formed in July 1982 and has since
grown to become one of the largest Part 135 operators in the Southeastern US with
annual revenue forecast to exceed $50MM and more than 250 employees. CFM is a
diverse aviation services provider that includes Part 135/91 aircraft management andcharter, two Fixed-Base Operations located in the Nashville, Tennessee area (KMQY
and KJWN), a FAR Part 145 certified repair facility, an aircraft sales division and FAR
141 pilot and maintenance training.
CFM is primarily owned by its management and directors, all of whom are either
actively involved in the day-to-day operations of the company or other facets of
aviation. The entire team of professionals is dedicated to giving our passengers andmanaged customers a superior level of operational safety and security. We operate a
diverse fleet of Bombardier, Challenger, Learjet, Hawker Beechcraft, and Cessnabusiness jets to meet the regional and global travel needs of our customers. The
company is also a globally-recognized specialist in the maintenance and operation of19-seat and 30-seat Jetstream turboprop aircraft. At present, CFM is the largest
operator of Jetstreams in North America.
Having achieved the highest possible ratings from each of the top aviation safety
audit firms, CFM upholds the highest standards for selective recruitment. The
company is ARG/US Platinum-rated, IS-BAO Stage II Certified, and one of a select fewPart 135 carriers to be approved for use by U.S. Department of Defense personnel.
Our clients have included government entities, university athletic teams, race teams,
casino operators, tour operators, and Fortune 500 companies. Additionally, we have
extensive experience operating corporate shuttle operations throughout the UnitedStates and the Caribbean. In recent years, the company began operating as the
direct air carrier for Alternate Essential Air Service provided to the communities ofManistee, MI and Victoria, TX. CFM has provided these communities with unrivaled
reliability by operating with a completion factor in excess of 99%. In April 2016, CFM
began providing traditional Essential Air Service between Tupelo, MS and Nashville,TN under its own scheduled service brand, Contour Airlines. Our varied lines of
business and client base have uniquely insulated CFM from the reliability issues and
financial troubles experienced by many of the other carriers providing EAS service.
A successful partnership is based on the necessity of both CFM and the Essential Air
Service community to maintain the same philosophy regarding aircraft operations andcustomer service. Our success and years of experience have positioned us as aleader in the industry and global marketplace. Our outstanding operational
excellence, reputation, reliability, security, safety and professionalism are the reasons
that Corporate Flight Management represents the best choice for communitieseligible for Essential Air Service.
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Our Aircraft
Built and regulated to 14 CFR Part 25 standards, all Jetstream aircraft are operated with a
Captain and First Officer, as well as a flight attendant on the Jetstream 41. The Jetstream
31 offers the largest cabin in the 19-seat class of aircraft and have been proven to be both
safe and economical in worldwide operation. It is the only 19-seat airliner to offer galleyand enclosed lavatory facilities. All communities have the option to convert the
Jetstream 31 into a 9-seat configuration, providing an even more comfortable travel
experience to passengers.
CFM’s Jetstream 31 aircraft are fast, with a 265 mph “standard” cruise speed. They are
also very fuel efficient, consuming approximately 115 gallons of fuel per flight hour. With19 passengers plus standard baggage, the Jetstream has a maximum non-stop range of
over 600 statute miles. The Jetstream 41 cruises even faster at 300 mph while burning
165 gallons of fuel per hour (less than half that of a comparable regional jet).
The 25,000 foot service ceiling permits CFM’s Jetstream aircraft to climb above most
bad weather. Jetstream aircraft are fully-deice equipped for flying into known icing and
have freon air conditioning for passenger comfort while on the ground. CFM’s
Jetstreams are also equipped with advanced safety systems, including a Traffic CollisionAvoidance System (TCAS I) and an Enhanced Ground Proximity Warning System
(EGPWS).
In addition, the Jetstream features a flight deck that is physically separated from the main
passenger cabin, a pressurized cargo hold with 628 lbs./65 cubic feet (Jetstream 31) or
1200 lbs./170 cubic feet (Jetstream 41) of baggage capacity.
CFM has no accidents or violations and has been given a Platinum rating by the
independent air carrier evaluation firm ARG/US .
Maintenance has always been the key to CFM’s reliable on time performance. We will
provide our technicians with an inventory of spare parts and the support equipmentnecessary to keep the dispatch reliability of CFM’s Jetstreams at 99% or better. On-site
spare parts will be augmented by the substantial parts inventory maintained on hand at
CFM’s headquarters in Smyrna, Tennessee.
CFM presently has multiple aircraft in its fleet, providing ample reserve capacity toaddress planned and unplanned requirements. CFM also operates four Jetstream 41 and
three Saab 340 aircraft configured with 30 passenger seats.
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Aircraft Photos
Jetstream 31
Jetstream 41
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Our EAS Service History
CFM began providing Alternate Essential Air Service from Manistee, MI to Chicago, IL
(MDW) in November 2012 and from Victoria, TX to Austin, TX and Dallas, TX in November
2014. To date, we have operated with a greater than 99% completion factor in bothcommunities. In fact, the U.S. Department of Transportation cited CFM’s reliability in its
Order Selecting Air Carrier for Tupelo, MS by stating that “Both communities are very
pleased with CFM’s completion factors and on-time performance.” CFM, under theContour Airlines brand began service from Tupelo to Nashville in April 2016.
See what the airport directors in each community have to say about the service provided
by CFM below:
“Reliability was always an issue with far too many flight cancellations and delays and
fares were also high as compared to more distant airports. The combination of poor
quality, unreliable service along with high average fares encouraged people to drivesignificant distances for more reliable and cost effective air service. That has changed
with our service the past two years under the Alternate EAS program. During calendar
year 2013 99% of all scheduled flights completed and 89% completed on time,
including two months (March and September) where every flight (100%) completed on
time. Even during this past harsh winter (where we have received a record amount of
snow fall with over 200") 95% of flights completed and 85% completed on time (Dec
'13- Feb '14).”1
Barry Lind
Airport DirectorManistee County Airport Authority
"It's more cost effective, and for the first time in many years with any of our previous
carriers, it's extremely reliable…there has not been a single flight cancellation” 2
Jason Milewski
Manager
Victoria Regional Airport
1 Source: http://www.regulations.gov/contentStreamer?documentId=DOT-OST-2004-18715-
0007&attachmentNumber=1&disposition=attachment&contentType=pdf
2Source: https://www.victoriaadvocate.com/news/2015/feb/09/passengers-call-new-airline-an-
improvement/
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Contour Airlines Service
Corporate Flight Management operates scheduled service under the trade name
Contour Airlines and began traditional EAS service under this brand in April 2016. Ourflights will display as Contour Airlines in the global distribution systems and on the
websites of the major online travel agencies. We have already executed contracts withthe major global distribution systems and expect this functionality to be available inSummer 2016.
CFM is certified by the Commercial Aviation Review Board (CARB) to conduct flight
operations as an approved air carrier for the United States Department of Defense (DoD).As such, once the GDS connectivity is in place we will move swiftly to have all Contour
Airlines-branded flights available for purchase through the Defense Travel System and
government travel portals.
We believe that the key to restoring traffic growth in is by stimulating demand with low
fares and offering a reliable, high-quality product. As we have done Manistee, Victoria,and now Tupelo CFM plans to dedicate an aircraft to each community in order to ensure
the integrity of the operating schedule. The aircraft schedules will not be co-mingled
with any other service offered by CFM. CFM will base a spare aircraft with crew in any
community where CFM is selected. By dedicating an aircraft to servicing each
community, CFM can offer unrivaled scheduling flexibility that is sure to best address theneeds of residents and visitors.
Rather than chase revenue projections by charging high last minute fares, CFM plans tostimulate demand by offering long-term fares of approximately $49.00 each way, with
occasional fare sales that offer even lower prices. CFM does not charge a fee for the
first checked bag and there are no change fees when made at least 30 days prior totravel. Inside 30 days, the change fee is only $25.00 per person.
CFM will undertake a number of promotional activities aimed at its target customers to
introduce them to the service and encourage them to develop a “habit” of flying out ofMacon, breaking their patterns of long drives to other airports. These promotional
activities will include, but will not be limited to “buy one – get one” ticket sales and
promotional codes redeemable for air travel tied to awareness campaigns using socialmedia. CFM commits to annual advertising spend of $40,000.00 in any community
where CFM is selected.
CFM advises the Department of Transportation that while the following pages contain bidsmultiple markets, in an effort to maintain our current high level of service, we desire to bebe awarded a maximum of one EAS market.
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Altoona, PA – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 104
Block Hours/Segment 0.7
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 1297.3
Est Load Factor 50%
Est Pax 8340
Est Fare $ 31.07
Fare WITH tax $ 39.00Total Revenue $ 259,114.40
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 648,648.00
Fuel $ 447,567.12
Insurance $ 63,000.00
Other Indirect Costs $ 1,050,815.46
Expenses $ 3,138,530.58
Income (loss) $ (2,879,416.18)
Profit Element $ 104,385.76
Subsidy Required $ 2,983,801.93
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Altoona, PA – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 104
Block Hours/Segment 0.7
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 1729.7
Est Load Factor 50%
Est Pax 11120
Est Fare $ 31.07
Fare Including Tax $ 39.00
Total Revenue $ 345,485.87
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 864,864.00
Fuel $ 596,756.16
Insurance $ 63,000.00
Other Indirect Costs $ 1,308,788.95
Expenses $ 3,761,909.11
Income (loss) $ (3,416,423.24)
Profit Element $ 122,656.01
Subsidy Required $ 3,539,079.25
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Johnstown, PA – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 120
Block Hours/Segment 0.8
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 1482.6
Est Load Factor 50%
Est Pax 8340Est Fare $ 31.07
Fare WITH tax $ 39.00
Total Revenue $ 259,114.40
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 741,312.00
Fuel $ 511,505.28
Insurance $ 63,000.00
Other Indirect Costs $ 1,047,911.34
Expenses $ 3,292,228.62
Income (loss) $ (3,033,114.22)
Profit Element $ 112,215.86
Subsidy Required $ 3,145,330.08
*Should the community elect to participate in the Alternative Essential Air Serviceprogram, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Johnstown, PA – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 120
Block Hours/Segment 0.8
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 1976.8
Est Load Factor 50%
Est Pax 11120
Est Fare $ 31.07Fare WITH tax $ 39.00
Total Revenue $ 345,485.87
Crew ## $ 688,500.00
Aircraft ## $ 240,000.00
Maintenance $ 988,416.00
Fuel $ 682,007.04
Insurance $ 63,000.00
Other Indirect Costs ## $ 1,263,250.12
Expenses ## $ 3,925,173.16
Income (loss) $ (3,579,687.29)
Profit Element $ 133,096.15
Subsidy Required $ 3,712,783.44
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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DuBois, PA – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 149
Block Hours/Segment 1
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 1853.3
Est Load Factor 50%
Est Pax 8340
Est Fare $ 31.07
Fare WITH tax $ 39.00
Total Revenue $ 259,114.40
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 926,640.00
Fuel $ 639,381.60
Insurance $ 63,000.00
Other Indirect Costs $ 1,088,627.90
Expenses $ 3,646,149.50
Income (loss) $ (3,387,035.10)
Profit Element $ 127,876.08
Subsidy Required $ 3,514,911.18
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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DuBois, PA – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 149
Block Hours/Segment 1
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2471.0
Est Load Factor 50%
Est Pax 11120
Est Fare $ 31.07
Fare WITH tax $ 39.00Total Revenue $ 345,485.87
Crew ## ## $ 688,500.00
Aircraft ## ## $ 240,000.00
Maintenance $ 1,235,520.00
Fuel $ 852,508.80
Insurance $ 63,000.00
Other Indirect Costs ## ## $ 1,317,538.87
Expenses ## ## $ 4,397,067.67
Income (loss) $ (4,051,581.80)
Profit Element $ 153,976.44
Subsidy Required $ 4,205,558.24
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Parkersburg, WV – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 187
Block Hours/Segment 1.2
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 2223.9
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,111,968.00
Fuel $ 767,257.92
Insurance $ 63,000.00
Other Indirect Costs $ 1,140,853.33
Expenses $ 4,011,579.25
Income (loss) $ (3,573,877.62)
Profit Element $ 143,536.30
Subsidy Required $ 3,717,413.91
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Parkersburg, WV – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 187
Block Hours/Segment 1.2
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2965.2
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,482,624.00
Fuel $ 1,023,010.56
Insurance $ 63,000.00
Other Indirect Costs $ 1,387,172.78
Expenses $ 4,884,307.34
Income (loss) $ (4,300,705.16)
Profit Element $ 174,856.73
Subsidy Required $ 4,475,561.89
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Parkersburg, WV – Option C
Jetstream 41 – 30 seats
12 round trips per week to Washington*Community choice of IAD or BWI
Miles 187
Block Hours/Segment 1.1
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 1359.1
Est Load Factor 40%
Est Pax 14826
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 1,019,304.00
Fuel $ 713,512.80
Insurance $ 85,000.00
Other Indirect Costs $ 1,024,071.52
Expenses $ 3,810,288.32
Income (loss) $ (3,211,721.98)
Profit Element $ 139,310.84
Subsidy Required $ 3,351,032.82
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Clarksburg, WV – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 130
Block Hours/Segment 1.1
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 2038.6
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37
Fare WITH tax $ 49.00Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,019,304.00
Fuel $ 703,319.76
Insurance $ 63,000.00
Other Indirect Costs $ 1,120,495.05
Expenses $ 3,834,618.81
Income (loss) $ (3,396,917.18)
Profit Element $ 135,706.19
Subsidy Required $ 3,532,623.37
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Clarksburg, WV – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 130
Block Hours/Segment 1.1
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2718.1
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,359,072.00
Fuel $ 937,759.68
Insurance $ 63,000.00
Other Indirect Costs $ 1,360,028.40
Expenses $ 4,648,360.08
Income (loss) $ (4,064,757.90)
Profit Element $ 164,416.58
Subsidy Required $ 4,229,174.49
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Clarksburg, WV – Option C
Jetstream 41 – 30 seats
12 round trips per week to Washington*Community choice of IAD or BWI
Miles 130
Block Hours/Segment 1
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 1235.5
Est Load Factor 40%
Est Pax 14826
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 926,640.00
Fuel $ 648,648.00
Insurance $ 85,000.00
Other Indirect Costs $ 1,005,168.06
Expenses $ 3,633,856.06
Income (loss) $ (3,035,289.72)
Profit Element $ 131,434.40
Subsidy Required $ 3,166,724.12
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Beckley, WV – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*
Community choice of IAD or BWI
Miles 186
Block Hours/Segment 1.2
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 2223.9
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37Fare WITH tax $ 49.00
Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,111,968.00
Fuel $ 767,257.92
Insurance $ 63,000.00
Other Indirect Costs $ 1,140,853.33
Expenses $ 4,011,579.25
Income (loss) $ (3,573,877.62)
Profit Element $ 143,536.30
Subsidy Required $ 3,717,413.91
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Beckley, WV – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 186
Block Hours/Segment 1.2
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2965.2
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,482,624.00
Fuel $ 1,023,010.56
Insurance $ 63,000.00
Other Indirect Costs $ 1,387,172.78
Expenses $ 4,884,307.34
Income (loss) $ (4,300,705.16)
Profit Element $ 174,856.73
Subsidy Required $ 4,475,561.89
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Beckley, WV – Option C
Jetstream 41 – 30 seats
24 round trips per week to Washington or Charlotte (CLT)Community choice of IAD or BWI for Washington service
Miles 186
Block Hours/Segment 1.1
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 1359.1
Est Load Factor 40%
Est Pax 14826
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 1,019,304.00
Fuel $ 713,512.80
Insurance $ 85,000.00
Other Indirect Costs $ 1,024,071.52
Expenses $ 3,810,288.32
Income (loss) $ (3,211,721.98)
Profit Element $ 139,310.84
Subsidy Required $ 3,351,032.82
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Lewisburg, WV – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 153
Block Hours/Segment 1.1
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 2038.6
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,019,304.00
Fuel $ 703,319.76
Insurance $ 63,000.00
Other Indirect Costs $ 1,120,495.05
Expenses $ 3,834,618.81
Income (loss) $ (3,396,917.18)
Profit Element $ 135,706.19
Subsidy Required $ 3,532,623.37
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Lewisburg, WV – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 153
Block Hours/Segment 1.1
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2718.1
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,359,072.00
Fuel $ 937,759.68
Insurance $ 63,000.00
Other Indirect Costs $ 1,360,028.40
Expenses $ 4,648,360.08
Income (loss) $ (4,064,757.90)
Profit Element $ 164,416.58
Subsidy Required $ 4,229,174.49
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380with no additional subsidy required.
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Lewisburg, WV – Option C
Jetstream 41 – 30 seats
12 round trips per week to Washington*Community choice of IAD or BWI
Miles 153
Block Hours/Segment 1
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 1235.5
Est Load Factor 40%Est Pax 14826
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 926,640.00
Fuel $ 648,648.00
Insurance $ 85,000.00
Other Indirect Costs $ 1,005,168.06
Expenses $ 3,633,856.06
Income (loss) $ (3,035,289.72)
Profit Element $ 131,434.40
Subsidy Required $ 3,166,724.12
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Lewisburg, WV – Option D
Jetstream 41 – 30 seats
14 round trips per week to Washington* and AtlantaCommunity choice of IAD or BWI
LWB-WAS LWB-ATL
Miles 153 369
Block Hours/Segment 1 1.6
Frequency/Week 24 4
Completion Factor 99% 99%
Annual departures 1236 206
Annual block hours 1235.5 329.5
Est Load Factor 40% 60%
Est Pax 14826 3707
Est Fare $ 40.37 $ 68.28
Fare WITH tax $ 49.00 $ 79.00
Total Revenue $ 851,646.81
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 1,173,744.00
Fuel $ 821,620.80
Insurance $ 85,000.00
Other Indirect Costs $ 1,055,577.28
Expenses $ 4,524,418.88
Income (loss) $ (3,839,768.40)
Profit Element $ 173,442.08
Subsidy Required $ 4,201,210.65
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Morgantown, WV – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*Community choice of IAD or BWI
Miles 122
Block Hours/Segment 1
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 1853.3
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 926,640.00
Fuel $ 639,381.60
Insurance $ 63,000.00
Other Indirect Costs $ 1,100,136.77
Expenses $ 3,657,658.37
Income (loss) $ (3,219,956.74)
Profit Element $ 127,876.08
Subsidy Required $ 3,347,832.82
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Morgantown, WV – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 122
Block Hours/Segment 1
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2471.0
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,235,520.00
Fuel $ 852,508.80
Insurance $ 63,000.00
Other Indirect Costs $ 1,332,884.03
Expenses $ 4,412,412.83
Income (loss) $ (3,828,810.65)
Profit Element $ 153,976.44
Subsidy Required $ 3,982,787.09
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380with no additional subsidy required.
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Morgantown, WV – Option C
Jetstream 41 – 30 seats
12 round trips per week to Washington*Community choice of IAD or BWI
Miles 122
Block Hours/Segment 1
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 1235.5
Est Load Factor 40%
Est Pax 14826Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 630,000.00
Aircraft $ 338,400.00
Maintenance $ 926,640.00
Fuel $ 648,648.00
Insurance $ 85,000.00
Other Indirect Costs $ 1,005,168.06
Expenses $ 3,633,856.06
Income (loss) $ (3,035,289.72)
Profit Element $ 131,434.40
Subsidy Required $ 3,166,724.12
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Staunton, VA – Option A
Jetstream 31 – 9 seats
18 round trips per week to Washington*
Community choice of IAD or BWI
Miles 79
Block Hours/Segment 0.9
Frequency/Week 36
Completion Factor 99%
Annual departures 1853
Annual block hours 1668.0
Est Load Factor 65%
Est Pax 10842
Est Fare $ 40.37Fare WITH tax $ 49.00
Total Revenue $ 437,701.64
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 833,976.00
Fuel $ 575,443.44
Insurance $ 63,000.00
Other Indirect Costs $ 1,079,778.49
Expenses $ 3,480,697.93
Income (loss) $ (3,042,996.30)
Profit Element $ 120,045.97
Subsidy Required $ 3,163,042.27
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Staunton, VA – Option B
Jetstream 31 – 9 seats
24 round trips per week to Washington*Community choice of IAD or BWI
Miles 79
Block Hours/Segment 0.9
Frequency/Week 48
Completion Factor 99%
Annual departures 2471
Annual block hours 2223.9
Est Load Factor 65%
Est Pax 14456
Est Fare $ 40.37
Fare WITH tax $ 49.00Total Revenue $ 583,602.18
Crew $ 688,500.00
Aircraft $ 240,000.00
Maintenance $ 1,111,968.00
Fuel $ 767,257.92
Insurance $ 63,000.00
Other Indirect Costs $ 1,305,739.66
Expenses $ 4,176,465.58
Income (loss) $ (3,592,863.39)
Profit Element $ 143,536.30
Subsidy Required $ 3,736,399.69
*Should the community elect to participate in the Alternative Essential Air Service
program, this schedule could be operated by a 19-seat Jetstream 31 under 14 CFR 380
with no additional subsidy required.
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Staunton, VA – Option C
Jetstream 41 – 30 seats
12 round trips per week to Washington*Community choice of IAD or BWI
Miles 79
Block Hours/Segment 0.8
Frequency/Week 24
Completion Factor 99%
Annual departures 1236
Annual block hours 988.4
Est Load Factor 40%
Est Pax 14826
Est Fare $ 40.37
Fare WITH tax $ 49.00
Total Revenue $ 598,566.34
Crew $ 840,000.00
Aircraft $ 338,400.00
Maintenance $ 741,312.00
Fuel $ 518,918.40
Insurance $ 85,000.00
Other Indirect Costs $ 992,561.15
Expenses $ 3,516,191.55
Income (loss) $ (2,917,625.21)
Profit Element $ 126,181.52
Subsidy Required $ 3,043,806.73