Program to Support P180 Avanti and Avanti II Operators
Jet Support Services,
Inc. [JSSI] and Piaggio Aero [Piaggio Aero Industries, S.P.A. and
Piaggio America, Inc.] have joined forces to provide JSSI’s
Tip-To-Tail Program to benefit Piaggio’s P180 Avanti and
Avanti II aircraft operators.
“Our business philosophy is built on a concept unique to
the corporate aviation maintenance service arena,” said JSSI
President and CEO, John [Rick] F. Haskins. “At JSSI, we
realize that all budgets are not created equal. Therefore, the idea
of an hourly maintenance cost program allows Avanti operators
complete control of their budget while eliminating financial risk.
Since the program covers both scheduled and unscheduled maintenance
events, it’s a win-win opportunity.”
JSSI’s innovative Tip-To-Tail Program is a comprehensive
and flexible hourly maintenance cost guarantee program available
today, which includes virtually every component, assembly and
system on the aircraft.
According to Haskins, the new agreement between JSSI and Piaggio
includes the cost of labor, as well as periodic inspections
required to maintain each component, including removal and
installations. The program is specifically tailored to support
Piaggio’s worldwide sales efforts in connection with new and
in-service Avanti P-180 aircraft operators. The program covers both
airframe and engine; however, Piaggio and/or Avanti P-180 operators
may elect to enroll only the aircraft’s airframe or engine on
the plan. The operator will pay an hourly fee each month, based on
the flight hours flown during the previous month. The hourly fee is
based on the operator’s planned annual utilization [both
flight hours and landings], and may be adjusted annually based on
inflation, spare parts and labor cost, as well as the
client’s operating profile.
“With our joint
program offering with Piaggio, Avanti operators will have the
opportunity to realize an increase in their aircraft’s
residual value while maximizing their maintenance budget,”
added Haskins.
The benefits of the Tip-To-Tail Program for Avanti P-180
operators include the following:
- Opportunity to establish an achievable maintenance budget
- Elimination of financial risk for both scheduled and
unscheduled maintenance events
- Continued control over their maintenance operation and
expenses
- Ability to transfer their Tip-To-Tail® equity to other
[existing or future] covered aircraft
- Opportunity to realize an increase in their aircraft’s
residual value
- Reimbursement for in-house maintenance labor [and parts]
expenses
- Opportunity to be reimbursed for some of the funds paid into
the Tip-To-Tail Program through the JSSI/VEST plan
“Market demand for the P180 Avanti and Avanti II has never
been higher,” said Massimo Isidori, Piaggio Aero’s
Senior VP Commercial – P180 Avanti. “With a growing
fleet, a strong order book and strategic partners such as JSSI,
Piaggio is in an optimal position to offer value-added services for
our customers. We are excited to provide our P180 Avanti and Avanti
II operators with a special program specifically designed to assist
them in managing their maintenance budget.“
Founded in 1989, JSSI provides clients with comprehensive,
flexible and affordable financial tools for managing the often
unpredictable costs of operating and maintaining nearly all types
of turbine-powered aircraft, including jets, turbo-props and
turbine powered helicopters. The only independent hourly cost
maintenance provider, JSSI serves clients globally and manages
maintenance services through its network of technical advisors
stationed worldwide.