A pay-by-hour program enables the owner / operator of an aircraft to budget for the major cost events of engine overhauls and delivers insurance against catastrophic engine loss. The aircraft owner / operator only pays in set-aside per flight hour. The monies go into a bank account. As engine maintenance expenses occur, the money is drawn out to pay the expense.
|The chart illustrates the unpredictable peaks of maintenance expenses. Powerplan replaces these high, one off payments and additionally covers the cost of unscheduled events.|
Powerplan was designed by a group of highly experienced specialists in the fields of finance, maintenance, sales and customer care. All parties have acquired abundant experience with pay-by-hour programs.