24 - How Financial Literacy Can Transform Your Flight School: Lessons from Business Consultant Ned Parks
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24 - How Financial Literacy Can Transform Your Flight School: Lessons from Business Consultant Ned Parks
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Running a Profitable Flight School & FBO: Financial Insights with Ned Parks
Discover expert strategies for managing flight schools and FBOs from aviation business consultant Ned Parks, who shares over 40 years of experience in aviation operations, financial management, and strategic planning. In this episode of the Aviation Business Podcast, Tim Jedrek and Ned dive deep into P&L optimization, fleet management decisions, community engagement for airports, and why focusing on profitability beats the race to the bottom .
Learn how to properly structure your financials, make data-driven decisions about aircraft in your fleet, and understand why TAA aircraft may be more profitable than complex aircraft. Whether you’re managing an FBO, running a flight school, or consulting on airport operations, this conversation offers actionable insights to scale your aviation business