Business jet owners often enroll in maintenance programs assuming they are containing maintenance expenses. While that may be true most of the time, it also lends itself to opportunities for overuse of the program, which can then put the aircraft owner in a position of having to pay the OEM negative account balances. It may also be an opportunity for maintenance organizations to over utilize the program when trying to determine the cause of a failure and install parts or components that may not be necessary.
Our program consultation services team can help you reviewing and sanitize the accounting aspects of these programs. The consumption reports, annual minimums and program terms all play a role in determining both the positive and negative account balances.
At Ortega Aviation Services, we can help you keep a watchful eye over these accounts.