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Contrails & Cocktails

Contrails & Cocktails

By: Mark Parry
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 This podcast series is called “Contrails and Cocktails” and it’s sponsored by Global Aircraft Group. We discuss aviation history, the current business environment, and . . . cocktails! Global Aircraft Group offers desktop appraisals, expert witnesses, and prebuy inspections. Art Cooking Economics Food & Wine Marketing Marketing & Sales
Episodes
  • Contrails & Cocktails – John “Grumpy” Davies

    Contrails & Cocktails – John “Grumpy” Davies
    Dec 24 2023
    Title: "Aircraft Appraisals and Aviation Anecdotes: A Special Christmas Episode" Host: Paula Williams, ABCI Mark Parry, Global Aircraft Group Guests: John "Grumpy" Davies, JAMM Aircraft Appraisals Episode Overview: Introduction (00:00): Paula introduces the festive theme and guests John Davies and Mark Perry, both experts in aircraft appraisal and with diverse backgrounds in aviation. Backgrounds [...]
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    34 mins
  • Contrails & Cocktails – Jeff Menaged, Networker, Mixologist and Founder of Chief Executive Air

    Contrails & Cocktails – Jeff Menaged, Networker, Mixologist and Founder of Chief Executive Air
    Nov 2 2023
    In this episode – Mark and Paula meet Jeffrey Menaged, owner of Chief Executive Air, and an excellent networker and mixologist! 0:00:00Hey, welcome to this week’s episode of Contrails and Cocktails. Our guest this week is Jeffrey and founder of Chief Executive Air. Just three quick things about Jeffrey. He makes aviation work from a business perspective. He’s innovative and open-minded, and he is also a great networker. So we’re going to hear a lot about that in this episode. Three quick things about Mark Parry, who is the host of Contrails and Cocktails. We met Mark through Jeremy Cox. If you know Jeremy, which everybody knows Jeremy Cox or knew Jeremy Cox, he passed away earlier this year, but was one of the great networkers in the industry that knew everybody and made a great effort to make those connections and to really help everyone succeed. And I think Mark has a lot of those same qualities, but he’s like as different as a person from Jeremy as you could expect any two people to be. Still amazing. So Mark is very precise and exacting in his expectations. He can spot a typo a million miles away, and he can see a problem coming a million miles away. And he’s also a great connector. He’s referred a lot of people to us and to the Organization of Flying Adjusters. And he was smart enough to start this podcast as a way to network in the industry. And of course, I’m Paula Williams with ABCI. We help aviation companies sell more of their products and services. And we do that through excellent, deep, thoughtful, helpful content that I think we get better than any of the other marketing agencies in this space. So now you know the players, let’s dive into the conversation. 0:02:28Mark Parry with Global Aircraft Group, certified aircraft appraisals for financial, IRS legal, legal cases, expert witness, also organization flying adjusters, and aviation and then also maintenance oversight, pre-buys, etc. on business jets. Do you have any specific aircraft type that you specialize in? Well my background was on Challengers. I was at Bombardier for a long time. Yeah, I’m a big fan of the Challenger. Well, but then when I went into appraising, I started appraising general aviation aircraft. And so now I have a really good feel. When you appraise and start doing the general aviation stuff so it really broadens your horizon and direct expertise, et cetera. Very cool. on indirect expertise, et cetera. 0:03:34Very cool. 0:03:35But I prefer to be in the business jet realm. 0:03:39That’s my background. That’s very cool. So my name is Jeffrey Menaged, and the name of my company is Chief Executive Air 0:03:47And I help people buy, sell, and own private vets. So what a typical engagement looks like is we deal with primarily high net worth and ultra high net worth individuals and mid to large size corporations that use private aviation services. They’re considering buying a jet. They’re not sure if it makes sense for them, what kind of jet they need, how much it will cost. So I come in, we do a needs assessment, sort of figure out what their typical travel pattern and profile looks like. We make some recommendations on specific aircraft that would meet their needs. Then we show them a couple of budgets. One is what an acquisition would cost, the other is what the plane would cost to operate on an ongoing basis. And if they decide that it’s something they want to go ahead with, then we go ahead into the market, find them a plane. We can do everything from tender an offer, negotiate a contract, oversee the pre-purchase and delivery. And then the goal is to maintain a relationship with the owner post-closing where we manage the asset on the owner’s behalf on a day-to-day basis. We have partnerships with a couple of license, you know, like full-size management companies and licensed air carriers. And so we put the plane for the most part in the charter programs. The owners fly between 100 and 200 hours a year. Charter offsets a big percentage of their fixed costs so that when they fly, it costs them closer to their direct operating costs. And we manage the plane as a business on a day-to-day basis to make sure that the decisions that are made with regard to operations represent the best interests of the owner and not necessarily the best 0:05:40interests. 0:05:41And so right now I have a fleet of six planes that I do this on. We have a Hawker 900 XP. We have two Challenger 604s and then three Gulfstreams, a G400, a G5, and a G500. And I’ve been in aviation for over 20 years. I’ve been on the business for about seven. And that’s something that I enjoy, good at, I think. 0:06:05Great. Apparently your client thinks so. 0:06:10Yeah, yeah. Well, you know, I mean, I haven’t gotten fired by any of them yet, so I must be doing a good job. That’s usually a good barometer. 0:06:16So have you seen, like in the last couple of years, that the demographics of people seeking plane ...
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    39 mins
  • Contrails & Cocktails – Joe Farina and Aircraft Manufacture and Maintenance

    Contrails & Cocktails – Joe Farina and Aircraft Manufacture and Maintenance
    Aug 4 2023
    In this episode - Mark Parry meets up with Joe Farina, an old friend with a long history of aircraft manufacturing and maintenance "back in the day!" Paula Williams: Paula Williams with ABCI. Thanks for joining us for Contrails & Cocktails. This [...]
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    53 mins
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