NATA | National Air Transportation Association

NATA FBO Finance Fundamentals

March 6-7, 2012

Las Vegas, NV - Cygnus Aviation Expo (CAE)

Outside of Meeting Room 223

North Hall Level 2

For New and Seasoned Managers Responsible for the "Bottom Line" in Aviation Services

Successful managers understand the financial metrics of their business. Metrics are key indicators, numbers or relationships between key numbers, which help managers recognize changing trends. This allows them to take appropriate actions to adjust activities to the ever-changing aviation environment. Good managers know on the last day of the month if they had a good month financially without waiting weeks for their financial statements. Do you and your managers know if you made money?

This seminar will help you develop a level of competence in Management Accounting as opposed to Financial Accounting. Management Accounting is the process of identifying, measuring, reporting and analyzing information about the economic events of the organization. We do not intend to make you into an accountant. We do intend to help you take the information accountants provide, and make decisions and develop strategies that improve financial performance of your department, location, division or company. You will gain a better understanding of the numbers and where they come from. We will help you develop tools that will allow you to do your job better.

Why Attend?

Gain valuable tools and techniques to evaluate the Numbers
Find out how to compare the Numbers to past performance and other key benchmarks
Understand how your decisions affect the balance sheet as well as the income statement
Discover how to develop your own metrics and measurements for tracking business performance
Learn key steps to a solid business pland and stimulate your thinking with provided forms, examples and pertinent articles

Who Should Attend?

Department managers looking to expand their understanding of the "Numbers" and Financial managers wishing to reveiw the latest tools and techniques
Senior managers wanting to find new financial management tools to improve performances
Entrepreneurs who own or want to own and run a successful aviation business

What Will Be Covered?

Understanding Financial Reporting
Understanding The Business Flows
Key Ratios
Understanding Metrics
Business Planning

Speaker

Phil Botana
Tampa International Jet Center

Botana has a proven ability to improve business performance and financial results in all sectors of the aviation service industry. In addition to his position as President for Tampa Jet International, he has provided advisory services specializing in business improvement and turnarounds since 1993. Botana has over thirty-nine years of experience managing FBO, flight management and airline service provider businesses.

He has served in senior management for such well known companies such as Signature Flight Support, Butler Aviation, Executive Jet Aviation, Bombardier’s Flexjet, Aerospace Products International, Van Dusen Airport Services, Burlington Northern Airmotive, and International Aviation Services.

He served on the Board of NATA from 1980 - 1984, and as its chairperson in 1983. Botana was also a founder of the General Aviation Task Force, serving on the Board from 1988 - 1992. He continues to serve the industry via committee work for NATA.

Mark Chambers

Aviation Resource Group International

Chambers has 30+ years of aviation management experience. Mark is Managing Partner for Aviation Resource Group International, specializing in the acquisition and sale of aviation service businesses. Chambers held a progression of senior management roles with Atlantic Aero (GSO), directing numerous strategic initiatives in over-night freight services, STC development, and expansion of technical services. Prior to joining Atlantic Aero, Chambers spent 7 years in strategic management consulting with the Hay Group in Philadelphia and Chicago.

Mark soloed in a Cessna 150 at age 16, worked as a lineman, was a flight instructor and charter pilot during college and served in a progression of operational and managerial positions for a FBO and commuter airline operation. Mark has logged approximately 4,000 hours of flight time and holds an ATP with a Citation Jet type rating.

Mr. Chambers completed his undergraduate degree at Purdue University in Aeronautical Technology. His graduate degree is in finance from the Wharton School at the University of Pennsylvania.

**Speakers are subject to change

Schedule

Seminar schedule: 8:00 a.m. - 5:00 p.m. both days