AircraftLogs Information

AircraftLogs provides internet-based aviation data management systems for corporate and private flight departments. We provide our software on a SaaS basis (Software as a Service). Customers such as corporate flight departments and government agencies utilize AircraftLogs to manage many types of management reporting and compliance reporting associated with operating business jets and other aircraft. Under FAA, IRS and SEC regulations, all aircraft operators must maintain detailed, permanent records regarding their utilization of the aircraft, its maintenance, and its crew. This creates a complex environment of documentation, reporting, and compliance challenges which AircraftLogs solves. In particular, the IRS introduced new calculations designed to disallow certain flight expenses, making them non-deductible to the company operating the aircraft. New reporting rules involve detailed data about destinations, mileages, and the business reason(s) for each passenger’s trip. Companies must also track the types of employees and guests that utilize the flight department's services, and impute fringe benefit income to many of them (known as SIFL). Similarly, the SEC lowered its reporting threshold and also introduced new reporting requirements for publicly-traded companies. AircraftLogs provides software-driven solutions to all of these complexities, adding significant value to the corporate aviation function at any company.