Flight Dept Advantage (FDA), a provider of start-up and operational services for flight departments, launched a program that “relieves an aircraft owner of all direct obligations related to payroll taxes, benefits and workers compensation while addressing IRS, FAA and other regulatory pitfalls.” Called FDA HR Advantage, it works with clients’ professional advisors to create a customized solution specific to each aircraft owner’s operation, business structure and goals.
Air ambulance outfitter Spectrum Aeromed (Booth No. 3628) will be distributing approximately $100,000 in profit sharing funds to 21 employees at its Fargo, N.D. headquarters, based on its continuing trend of revenue increase, the company announced. “We’ve experienced exponential growth for three consecutive years and we’re fortunate to have the opportunity to reward our team of dedicated employees with profit sharing as a result of their hard work,” noted company owner Dean Atchison.
Just a year old, the Jet Professionals (Booth No. N2129) professional employers organization (PEO) service is making a difference for its clients, the company said here at the NBAA show.
The PEO service is targeted for small and medium-size aviation businesses, one example being Short Hills Aviation Services, a jet charter and management services company (Booth No. C12240). Short Hills reported at NBAA 2013 that it has increased employee retention and modernized its benefits communication program, all while reducing benefits and payroll costs by 20 percent.
In a decision opening the way for Hawker Beechcraft to emerge from Chapter 11 bankruptcy later this month, U.S. Bankruptcy Court today approved the Wichita OEM’s joint plan of reorganization. “Today’s ruling marks the final significant step in the restructuring process,” said Hawker Beechcraft CEO Steve Miller. The company said that, as part of the reorganization, it will be rebranded Beechcraft Corp.
Despite the outward appearance of growth with the recent announcement about the addition of Bombardier Global 6000s to its fleet, NetJets Europe is seeking further voluntary redundancies from its pilot workforce in response to prolonged softening in demand for fractional shares and jet cards, the company confirmed. It has begun a consultation process with flight crews, repeating an exercise that it embarked on three years ago at the height of the financial crisis.
NBAA’s No Plane-No Gain information campaign was created several years ago to combat the image of business aircraft portrayed in mainstream media as the private conveyances for top-level company executives heading to a teetime.
NATA has published the results of its 2012 compensation survey of general aviation service employees, which includes salaries and benefits for pilots, line-service personnel, maintenance technicians, inspectors and line service and customer service representatives, among others. Employee compensation is also broken down by geographic region of the country, company gross sales, community size and number of employees in the company. The report is free for NATA members who participated in the study, but costs $130 for non-participating members.
Berkley Accident and Health has set up Encap Business Aviation Captive to create “an insurance brokerage program specifically for business aviation employers that employ between ten and 1,000 employees,” Joe Clifton, director of JP Benefits Connection, told AIN. The program offers medical and prescription coverage.
Newly hired general aviation industry workers are most at risk for suffering on-the-job injuries, according to a study released recently by United States Aviation Underwriters (USAU). In an attempt to categorize the areas where most injuries and worker-compensation claims occur in the GA industry, USAU studied the last 10 years of insurance claims from its clients.
In a decision that could have wide-ranging implications, the Third U.S. Circuit Court of Appeals has ruled that helicopter pilots for the Port Authority of New York and New Jersey are not “professional employees” under the Fair Labor Standards Act and are therefore entitled to mandatory overtime pay. The ruling re-affirmed a lower court’s decision that the pilots are “highly trained technicians” and not professional employees.
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