Management Fee re: Part 91 Mustang

citationflyer

Active Member
I've been asked to manage and fly a Part 91 Citation Mustang. Management fees paid monthly; and separate flat day rate paid on flying days. What is a going rate for managing a small jet?
 
I've seen $3-5k/month depending on the arrangement. Be sure to do all the homework, depending on the business relationship. (And be sure to understand exactly what everyone's expectations are)
 
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