Today, the team at Avinode Group is happy to announce the release of a new white paper, "Why payments matter in air charter." The white paper is designed to provide brokers and operators with insights into the challenges, trends, and solutions unique to the business aviation sector, with the aim of helping them navigate the payment space and find the best payment solutions for their businesses.
As a result of our efforts to simplify payments within the industry, we have gained valuable insights into the common business challenges that exist around payments today. The white paper covers a range of topics, including compliance, wire and card fraud, hidden fees, unclear costs, and ad hoc flights, providing a comprehensive overview of the business challenges facing business aviation.
In addition, the white paper delves into some of the most interesting trends that are affecting charter payments, with digital payment solutions emerging as disruptors in the traditional payments sector.
According to Brenton Melville, spokesperson for Avinode Group, “We also put together some ideas and thoughts for what to consider when planning charter booking and payment processes today. We hope to help brokers and operators to find good solutions to their payment challenges that are not only safe and secure but also lead to a more efficient and streamlined way of working.”
Dealing with last-minute, high-value and international transactions adds to the complexity of air charter payments. Avinode data shows that 72% of charter inquiries to operators in Europe come from international companies, and as much as 31% of charter flights globally were requested within 72 hours of departure in 2022 and 2023.
We believe the white paper is a must-read for anyone in the air charter industry and our goal is to provide valuable insights and actionable solutions to common payment challenges across the industry.
Would you like to save time for your charter operations team and ensure all your flight planning tools are connected? Explore the benefits of Schedaero’s many seamless integrations with the most common flight planning software.
Explore the synergy between business aviation and finance with FlexFlight's CFO, Ole Dannemand. Gain insights into optimizing financial workflows by managing charter payments for booked flights, revealing key challenges and opportunities for CFOs in the industry.