HeliFlite OVERVIEW

SAFETY AND SERVICE

FRACTIONAL OWNERSHIP OVERVIEW

AIRCRAFT

HeliFlite OVERVIEW

Who is HeliFlite Shares, LLC?
HeliFlite is a privately owned Delaware Limited Liability Company with its Corporate Offices and operating base for the New York Prime Service Area (PSA) at Newark International Airport in Newark.
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How do I know if helicopter travel makes sense for me?
A helicopter will always save you time on trips up to about 250 miles, sometimes huge amounts of time. Helicopter travel makes sense when you consider your time a precious commodity and can afford to go by air. It especially makes sense when you have places you want to go, but dread the drive. We can put precise numbers on the time you can save by helicopter and the cost to do so. But first we need to know where you want to go and how often. You can share this information with us by filling out our interactive survey here, or by contacting us by E-mail or telephone 877-FLY-HELI. [back to questions]

How do I decide between charter or fractional?
Generally speaking, if you plan to fly more than 50 hours a year, fractional may be more economical. Fractional makes eminent sense if you have long term needs and are comfortable committing to a five-year ownership term. Many appreciate the shorter term nature and more limited investment of purchasing flight time in blocks of 25 hours. This is our HeliCard™ program. We can help you make the financial analysis for either option. For infrequent users, spot charter is the way to go. We quote a price for just one trip, even if it’s only a six-minute hop to a nearby airport. [back to questions]

SAFETY AND SERVICE

What is HeliFlite's commitment to safety and security?
At HeliFlite, our number one priority is safety. Our commitment to pilot and crew training, customer service, maintenance and security leads the field. HeliFlite's flight and ground crew personnel are specifically trained in security situational awareness and receive recurrent training every six months. [back to questions]

What safety equipment is on board HeliFlite aircraft?
Both the Bell 430 and the Sikorsky S-76 are Category A certified twin-engine helicopters, capable of single-engine flight in the unlikely event of an engine failure. Their cockpits are equipped with the latest safety features that reduce pilot workload and improve efficiency. Each aircraft is equipped with: a Traffic Collision Avoidance System (TCAS-1); Electronic Flight Instrumentation System (EFIS); and a Global Positioning System (GPS) for precise navigation in any weather. [back to questions]

What are HeliFlite's Pilot requirements?
Minimum qualifications for the position of captain are 3,000 hours of total flight time, a first class medical certificate and an Air Line Transport Pilot endorsement. HeliFlite captains on average have over 7,000 total flight hours. Co-pilots are required to have a minimum of 1,000 flight hours and a second class medical certificate. HeliFlite co-pilots have an average of 4,000 flight hours. HeliFlite's pilot requirements are similar in nature to those of business aircraft fractional programs.
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What type of training do HeliFlite pilots receive?
All HeliFlite pilots are trained on a recurring basis by FlightSafety International. FlightSafety is the premier training provider for business aircraft globally. HeliFlite pilots train in a full motion simulator and practice all aspects of professional airmanship. HeliFlite leads the industry in crew resource management training (CRM) which ensures that proper aircraft management and crew communication techniques are used by flight crew members at all times. Recurrent training is supplemented by HeliFlite's own in house training program that includes aircraft equipment such as TCAS, weather radar and GPS on a self-paced, monitored basis through a continuous training (CTS) program. HeliFlite also instructs its pilots in security situational awareness. [back to questions]

How are the HeliFlite aircraft maintained?
All maintenance is performed at our home base at Newark International Airport under the supervision of and by HeliFlite personnel. All HeliFlite maintenance personnel are Airframe and Powerplant certified technicians. All aircraft are maintained under rigorous maintenance standards including progressive annual inspections, contributing to high mission availability rates. [back to questions]

How do I schedule a flight with HeliFlite?
You can call our HeliFlite scheduling and dispatch department (1-877-FLY-HELI) 24 hours a day, 365 days a year. We will arrange your flight and will coordinate with your business aircraft or ground transportation. HeliFlite will also arrange for any offsite landing requirements. HeliFlite specializes in personalized service and has earned a reputation in the market for such service. Whether you require special security or would like special catering, music, reading materials, or family pet handling on board your aircraft, HeliFlite personnel are ready to meet your unique needs.
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What if my schedule changes or I will be delayed for my flight?
If you are delayed, your aircraft will wait for up to one half hour. Other arrangements can be made if you are late or need to reschedule your departure. [back to questions]

Do you guarantee availability?
HeliFlite guarantees availability, with access 24 hours a day, 7 days a week (12 hours for fractional ownership, 48 hours for HeliCard™ customers). [back to questions]

If the helicopter is meeting my business jet, how are the arrangements made to meet the aircraft?
HeliFlite operations personnel utilize commercially available software that enables the company to track inbound and outbound business aircraft (as well as HeliFlite aircraft) by "tail number". This system enables us to anticipate your arrival by business aircraft, and ensure that a helicopter is running and nearby upon your arrival. HeliFlite will coordinate with your flight department, aircraft management company or fractional provider. [back to questions]

Can I land at a non-airport site and how are those arrangements made?
Yes, a powerful advantage of the HeliFlite program is the ability of the aircraft to land at a non-airport location. Landings at approved heliports and heli-stops are standard operating procedure. Landing at new, non-airport locations require a site survey by HeliFlite personnel for safety and other operational considerations and local municipality approval. HeliFlite has been successful in obtaining off airport landing approvals for a number of its owners. [back to questions]

Are pets allowed onboard the aircraft?
Yes, pet are welcome onboard all HeliFlite aircraft. [back to questions]

FRACTIONAL OWNERSHIP OVERVIEW

What is Fractional Ownership and how does it work?
An individual or company purchases a share, or interest in a helicopter without assuming maintenance or management responsibilities that come with owning your own aircraft. You purchase only as much flight time as you need to meet your travel requirements. HeliFlite provides professionally trained pilots, maintenance, hangar, insurance and scheduling. HeliFlite provides expert aircraft management services associated with the ownership of your helicopter. HeliFlite manages everything concerning the care and operation of your helicopter interest. The ownership experience is truly "turnkey" and hassle free. Schedule your trip with one simple phone call.
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What are the initial investment and recurring costs associated with fractional ownership?
In addition to the initial acquisition, there is a monthly management fee (adjusted annually, not to exceed 4% or CPI-U) which covers your proportional share of pilot, maintenance, hangar, insurance and other fixed costs of ownership. There is also an occupied hourly rate which covers fuel, lubricants and warranty program. The Bell Genuine Parts Support Plan, provides warranty protection for your aircraft share for the five-year period. You pay a fuel variable (built into the occupied hourly rate) and approximately 7.5% FET tax on your occupied flight hours only. [back to questions]

How does HeliFlite calculate occupied hours?
There is no minimum flight time billed to HeliFlite owners. Actual flight time is billed in 1/10 increments (each 1/10th increment equaling 6 minutes). In addition, 2/10 hour is added to each occupied flight. [back to questions]

What other fees am I responsible for?
Owners are billed for all other costs associated with their flights such as landing fees, heliport wait times, special use fees, special catering, ground transportation and taxes in a manner consistent with owning your own aircraft.
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What is the term of the program?
The program term is 5 years. As an owner, you have the right to sell your interest back to HeliFlite at the end of the five year period for Fair Market Value (FMV). At the end of the 5 year period, you may leave the program with your FMV payout, or re-enroll using your equity as an offset to a new ownership interest. [back to questions]

Why own a share in a helicopter when I also own a share in a jet?
Cabin class helicopters are indisputably the most efficient way to travel distances of 200 miles or less. For flights originating or terminating in Manhattan, the helicopter's ability to transport you directly from the three Manhattan heliports saves a significant amount of time by avoiding congested ground arteries to airports such as Teterboro, White Plains or to cities or locations within 1 1/2 hours flight time. Typically, HeliFlite can transport you from Manhattan to a destination such as Philadelphia or the Hamptons in less time than it would take to drive to one of the local New York airports to catch a business jet. [back to questions]

AIRCRAFT

What type of aircraft are offered through the HeliFlite program?
HeliFlite offers the Bell 430 for both charter and fractional programs, as well as the Sikorsky S-76 for charter. Both are twin-turbine executive class helicopters that are larger, quieter and more comfortable than single-engine types offered by other regional charter providers. Moreover, our aircraft are always flown by a crew of two, enhancing safety. Both are configured to seat six to seven passengers. All possess advanced avionics similar to systems found on well equipped business jets. These features include a traffic alert and avoidance system, weather radar and GPS navigation.[back to questions]

 

 
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