Phoenix Aviation Managers Announces<
Kennesaw,
GA - June 1, 2009 - Phoenix Aviation Managers in partnership with MyFBO.com announces a new insurance program to benefit commercial
aircraft operators in this challenging economy. This is the first and only Internet based pay-by-the-hour insurance product in the industry. The new program
will allow qualified customers to pay for their insurance by the flight hour plus
a base rate for the ground exposure. The goal of the program is to help
operators manage their cash flow by earning premium by the hour so as the aircraft
fly less they will pay less and when they fly more they will pay more with the corresponding increase
in revenue. The premium will be subject to a cap so the customer will not
pay more than the annual premium they would have otherwise paid no matter how many hours the airplane flies.
What are the Advantages
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Reduced monthly
insurance payments when flying hours are down - a payment plan in sync with cash flow
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Built in protection from having to make the same full insurance payments if any
unforeseen events keep your fleet grounded
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Automatic lay-ups without ever having to call your insurance agent or broker to reduce coverage - and no minimum lay-up period
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Ease of managing your insurance reporting by automatically generated and emailed reports
About
Phoenix Aviation Managers
For the past 25 years, Phoenix Aviation
Managers has been serving general aviation - from private pilots to FBO's and flight
schools - by providing quality aviation insurance products through local independent
agents and insurance brokers. We attribute our success to security, stability and
service. "Security" corresponds to the financial strength of our parent company,
Old Republic Insurance Company; "Stability" follows our company philosophy of avoiding
swings in our underwriting posture; "Service" encompasses the very best in underwriting,
claims and accounting.
Contact Phoenix Aviation Managers:
pamav.com
Roger Ridings
770 590-4950
About
MyFBO.COM
MyFBO.com is a leading provider of aviation management
software systems to flight schools, flying clubs, shared ownership managers, and
FBO's. MyFBO.com Online Scheduling and Aviation Management System will increase
revenue and reduce workload, no matter the size or complexity of your operation,
not to mention the system pays for itself.
Contact MyFBO.COM:
Jason Liepe
MyFBO.com
434 793-6800
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Phoenix Aviation Managers
Roger Ridings
Executive Vice President
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Phoenix Aviation Managers
Thomas Hollinger
Senior Vice President
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