Business plans for air taxi services generally define a target region for service and talk about the type of craft or crafts that will be available to paying consumers. This is a rare business model but in some remote regions or in high-traffic areas where executives need to move quickly between cities it can be a profitable business for smart owner-operators. While subject to some FAR and TSA regulations, many air taxi operators are able to offer on-demand flight service for passengers or cargo without getting mired in the common nuisances of security checks, endless taxiing, or missed connections. The business plan for an air taxi company should outline:
• The region that the service will target
• The sort of customers that will be most common
• The breakdown (percentage) of human passenger traffic vs. pure cargo
• Your OpEx and maintenance costs for the craft(s)
• The funding request and your intended use of funds
Business plans for air taxi companies will need either a three-year or five-year pro forma financial model for the target investor (5-year) or banker (3-year) to review. Show your use of proceeds/start-up summary, a personnel plan, and then the revenue forecast, break-even analysis, profit and loss statement, cash flow, and a balance sheet for the life of your model. (Many reviewers will request a sensitivity analysis and year 1 breakdown into a monthly format as well.) Make sure that your air taxi marketing plan is included, and provide a full bio for yourself and any other key members. MasterPlans has the business plan writing expertise to make this entire business plan for you, customized to your vision, in as little as 5-7 business days. Call today for a complimentary quote and consultation: (877) 453-2011.
