🔧
N345TR — Annual Inspection In Progress
In since Feb 10 · Est. return Mar 1, 2026. 65% complete. Aircraft unavailable for charter.
📋
AMO Certificate Expiring Mar 31, 2026
Approved Maintenance Organization cert must be renewed in the next 38 days.
Fleet Size
4
3 available, 1 MX
Revenue MTD
$186K
Feb 2026
Outstanding AR
$22K
1 open invoice
Utilization
68%
Feb avg, 3 active AC
✈️ Fleet Status
Live| Tail | Aircraft | Status | Owner |
|---|---|---|---|
| N112EM | Challenger 600 · 1989 | Available | Neven Zeremski |
| N345TR | IAI 1124A Westwind · 1981 | MX — Mar 1 | AVA Fleet |
| N945SK | Citation VII · 1982 | Available | ★ S/N 650-0001 |
| N100LR | CL-600 Challenger · 1982 | Available | MEH1064 LLC |
| N49CT | IAI 1124A Westwind · Mid Jet | Available | AVA Fleet |
📅 Next 5 Flights
22
Feb
CYYZ → KLGA N100LR
Cash Charter · 3 pax · 08:00 · 1h 30m
23
Feb
KORD → CYYZ N112EM
Private Charter · 4 pax · 11:00 · 2h 10m
25
Feb
CYYZ → KLAX N112EM
Northern Resources · 5 pax · 09:00 · 4h 30m
25
Feb
CYYZ → CYVR N945SK
Charter Client 4 · Medevac · TBD · 4h 30m
🕐 Recent Activity
Last 7 daysN112EM departed CYYZ → CYYC
Private Charter · Capt. Rivera · 4 pax
Feb 20
N345TR — Annual inspection 65% complete
Est. return Mar 1 · MX facility
Feb 19
Invoice AV-2026-0042 paid — Private Client
$18,500 received · YYZ→KORD Feb 14
Feb 18
N100LR airworthiness cert confirmed — FAA registry
S/N 1064 · MEH1064 LLC · Cert renewed Jan 20, 2026
Feb 17
Squawk filed — N100LR brake wear L/H main
MEL deferred · Due Mar 1 · Capt. Holloway
Feb 17
N100LR arrived CYYZ from KORD
Capt. Holloway · Charter complete
Feb 17
Revenue YTD
$331K
Jan–Feb 2026
Operating Expenses
$198K
Jan–Feb 2026
Net Income YTD
$133K
40.2% margin
Outstanding AR
$22K
1 open invoice
📈 Monthly Revenue vs. Expenses
2026
Revenue
Expenses
✈️ Revenue by Aircraft (Feb)
N112EM — Challenger 600
6 legs · 22.4 hrs · Neven Zeremski
$94,200
50.5%
N100LR — CL-600 Challenger
4 legs · 12.8 hrs · Cash clients
$61,500
32.9%
N945SK — Citation VII
3 legs · 8.1 hrs
$29,200
15.6%
N345TR — IAI Westwind
In MX since Feb 10 — limited ops
$1,500
0.8% — MX
Total Revenue Feb
$186,400
💸 Expense Breakdown (Feb)
Crew Salaries & Per Diem
5 pilots · full month
$48,500
Maintenance & MX Parts
N345TR annual + open squawks
$31,200
Fuel (Jet-A)
Avg 485 gal/hr at $6.20/gal
$26,800
Insurance (Pro-rated)
Hull & liability — all fleet
$14,200
Hangar & Ground Ops (CYYZ)
Monthly hangar + FBO fees
$9,400
Admin, Legal & Accounting
Management overhead
$5,900
Total Expenses Feb
$136,000
Net Income Feb
$50,400 (27%)
📋 YTD Financial Summary
| Month | Revenue | Expenses | Net | Margin | Flights |
|---|---|---|---|---|---|
| January 2026 | $144,800 | $62,200 | $82,600 | 57.0% | 11 |
| February 2026 | $186,400 | $136,000 | $50,400 | 27.0% | 14 (MTD) |
| YTD Total | $331,200 | $198,200 | $133,000 | 40.2% | 25 |
Flight Details
ESTIMATED CHARTER QUOTE
$6,300
All fees inclusive · Subject to fuel surcharge
Base Rate$4,200
Landing / Handling$850
Fuel Surcharge$1,250
Crew (incl.)Included
Total Estimate
$6,300
Quotes are estimates only. Final pricing subject to routing, fuel, and crew costs.
💰 Rate Card
Effective Jan 2026| Aircraft | Type | Seats | Rate/Hr | Min Charge | Ferry | Range |
|---|---|---|---|---|---|---|
| N112EM Challenger 600 · 1989 |
Heavy Jet | 19 | $4,200/hr | 1.5 hr | $2,100 | 3,800 nm |
| N345TR IAI Westwind · ⚠️ MX until Mar 1 |
Mid Jet | 8 | $3,100/hr | 1.0 hr | $1,550 | 2,500 nm |
| N945SK Citation VII · ★ First built (S/N 650-0001) |
Mid-Heavy Jet | 9 | $3,600/hr | 1.5 hr | $1,800 | 2,400 nm |
| N100LR CL-600 · 1982 · Cert Jan 2026 |
Heavy Jet | 19 | $4,800/hr | 1.5 hr | $2,400 | 3,200 nm |
| N49CT IAI Westwind · Mid Jet |
Mid Jet | 8 | $3,100/hr | 1.0 hr | $1,550 | 2,500 nm |
Total Fleet
5
Aircraft
Available
4
Ready to dispatch
In Maintenance
1
N345TR
Owners
2
Neven · MEH1064
✈️
N112EM
Canadair Challenger 600 · 1989
Total Time
12,400 hr
Seats
19 pax
Range
3,800 nm
Owner: Neven Zeremski · Heavy Jet
🔧
IN MAINTENANCE
N345TR
IAI 1124A Westwind · 1981
In Since
Feb 10
Est. Return
Mar 1
Progress
65%
Annual inspection in progress · 8 pax · 2,500 nm
✈️
★ S/N 650-0001 · FIRST BUILT
N945SK
Cessna Citation VII · 1982
S/N
650-0001
Seats
9 pax
Range
2,400 nm
★ First Citation VII ever built
N100LR
Canadair CL-600 Challenger · 1982
S/N
1064
Seats
19 pax
Range
3,200 nm
Owner: MEH1064 LLC · Cert renewed Jan 2026 (FAA)
✈️
N49CT
IAI 1124A Westwind · Mid Jet
Total Time
6,944 hrs
Landings
5,090
S/N
314
⚠️ 10.8 hrs to next 200-hr inspection
Fleet Registry
5 aircraft · all registered| Tail # | Aircraft | Year | S/N | Seats | Range | Status |
|---|---|---|---|---|---|---|
| N112EM Neven Zeremski |
Canadair Challenger 600 | 1989 | — | 19 | 3,800 nm | Available |
| N345TR MX since Feb 10 |
IAI 1124A Westwind | 1981 | — | 8 | 2,500 nm | Maintenance |
| N945SK S/N 650-0001 · First Built |
Cessna Citation VII | 1982 | 650-0001 | 9 | 2,400 nm | Available |
| N100LR MEH1064 LLC |
Canadair CL-600 Challenger | 1982 | 1064 | 19 | 3,200 nm | Available |
| N49CT ⚠️ 200-hr insp due in 10.8 hrs |
IAI 1124A Westwind | — | 314 | 8 | 2,500 nm | Available |
Total Pilots
5
On roster
Available Now
3
Not scheduled
Captains (ATP)
3
Type rated
First Officers
2
SIC qualified
MR
Capt. Marcus Rivera
ATP — 8,200 hrs total · Class 1 Medical valid to Aug 2026
Last flight: Feb 20 · N112EM CYYZ→CYYC
In Air
SC
F/O Sarah Chen
CPL/IR — 2,100 hrs total · ⚠️ Medical renewal due Apr 2026
Last flight: Feb 20 · N112EM CYYZ→CYYC (SIC)
In Air
JH
Capt. James Holloway
ATP — 12,400 hrs total · Class 1 Medical valid to Nov 2026
Last flight: Feb 17 · N100LR CYYZ→KORD
Available
DP
F/O Daniel Park
CPL/IR — 3,800 hrs total · Class 1 Medical valid to Sep 2026
Last flight: Feb 16 · N345TR CYYZ→KBUF
Available
LT
Capt. Lisa Thompson
ATP — 9,700 hrs total · Class 1 Medical valid to Jun 2026
Last flight: Feb 20 · N345TR CYYZ→KBUF
Available
In MX Now
1
N345TR — 65% done
Open Squawks
2
Need attention
Checks Due ≤30 Days
2
AMO + N100LR brake
AOC Status
Valid
Exp Dec 2026
🔧 Active MX
N345TR — Annual Inspection
In since Feb 10 · Est. completion: Mar 1, 2026
IAI 1124A Westwind – 1981 airframe. Comprehensive annual. Work in progress.
⚠️ Open Squawks
N100LR — Brake wear (L/H main)
Reported Feb 17 · Capt. Holloway · MEL deferred
Due Mar 1
MEL OpenN112EM — Nav light flicker (R/H)
Reported Feb 19 · Capt. Rivera · Non-essential
Deferred
Low📆 Upcoming Checks
N100LR — Brake MEL Resolution
L/H main brake wear · Must resolve before next revenue flight
Mar 1
AMO Certificate Renewal
Transport Canada Approved Maintenance Organization · Fleet-wide impact
Mar 31
N112EM — 100-hr Inspection
Due ~Mar 15 · Aircraft currently active
~Mar 15
N945SK (S/N 650-0001) — Engine TBO
First Citation VII ever built. Monitoring TBO interval.
Jun 2026
All Aircraft — ELT Battery
Required every 24 months or 1 hr cumulative activation
Aug 2026
Active Projects
3
In planning or progress
Completed YTD
1
N100LR Cert Renewal
Est. Total Spend
$387K
All active projects
Est. Value Add
+18%
Charter rate premium
Avionics Modernization
N112EM · Canadair Challenger 600 · 1989
20% — Vendor selected, STC pending
WAAS/LPV nav upgrade + ADS-B compliance path. Estimated $140K–$185K. Target Q2/Q3 2026. Enables IFR into more airports and reduces insurance premiums.
STC Pending
$185,000
Q2 2026
Cabin Interior Refurbishment
N100LR · Canadair CL-600 · 1982
10% — Quotes received, design in review
Full cabin refurbishment: leather seating, carpet, panels, LED lighting, updated galley. 1982 airframe needs cabin brought to current charter market standard. Est. $165K. Target Q3 2026.
Design Review
$165,000
Q3 2026
EV Ground Support Equipment
Fleet-wide · CYYZ Hangar
5% — Feasibility study
Electric GPU and electric tug to cut emissions + fuel costs. Est. $37K. ROI ~3–4 years at current fuel prices.
Feasibility
$37,000
Q4 2026
Airworthiness Certificate Renewal ✓
N100LR · CL-600 · S/N 1064
100% — Completed Jan 20, 2026
FAA registration confirmed — MEH1064 LLC. Final cost: $3,800. Completed on schedule.
Active Accounts
6
Charter clients
Flights This Month
14
Feb 2026
Revenue MTD
$186K
Feb 2026
AR Outstanding
$22K
Northern Resources · pending
Customer Accounts
| Customer | Type | Preferred AC | Flights YTD | Revenue YTD | AR Status |
|---|---|---|---|---|---|
| Private Client | Charter | N112EM | 8 | $134,200 | Current ✓ |
| Neven Zeremski Owner — N112EM |
Owner + Charter | N112EM | 12 | $127,600 | Current |
| Northern Resources Ltd Corp charter account |
Charter | N112EM / N100LR | 7 | $68,400 | $22,000 Pending |
| Cash / Ad Hoc Walk-in · one-off charters |
Cash | N100LR | 6 | $61,000 | Paid at booking |
| Dr. Janet Reid Coastal Medical · Medevac |
Medevac | N345TR / N945SK | 9 | $78,400 | Overdue AR |
| Summit Energy David Larson · Corp |
Charter | N945SK | 4 | $29,800 | Current |
Active Now
1
N112EM in air
This Week
6
Legs scheduled
Utilization (Feb)
68%
3 active aircraft
Next Open Slot
Feb 22
N112EM or N945SK
📅 Upcoming Flights
Feb 21 – Mar 5, 202622
Feb
CYYZ → KLGA N100LR
Cash Charter · 3 pax · Depart 08:00 · ETE 1h 30m
✈ Capt. Holloway · F/O Park
23
Feb
KORD → CYYZ N112EM
Private Charter · 4 pax · Depart 11:00 · ETE 2h 10m
✈ Capt. Rivera · F/O Chen
25
Feb
CYYZ → KLAX N112EM
Northern Resources Ltd · 5 pax · Depart 09:00 · ETE 4h 30m
✈ Capt. Rivera · F/O Chen
25
Feb
CYYZ → CYVR N945SK
Dr. Reid · Medevac · Depart TBD · ETE 4h 30m
✈ Capt. Thompson
28
Feb
CYYZ → KORD N100LR
Summit Energy / David Larson · 2 pax · Depart 13:00 · ETE 1h 40m
✈ Capt. Holloway
01
Mar
N345TR — Est. Return from Annual
Back to line operations · Annual inspection complete · All legs can be rebooked
Revenue MTD
$236,400
Feb 2026
Outstanding AR
$22,000
1 open invoice
Overdue (60+ days)
$0
All clear
Paid This Month
$164,400
8 invoices cleared
💳 Recent Invoices
| Invoice # | Customer | Route | Date | Amount | Due | Status | |
|---|---|---|---|---|---|---|---|
| AV-2026-0048 | Private Client | CYYZ→CYYC Feb 20 | Feb 20 | $18,500 | Mar 6 | Paid ✓ | |
| AV-2026-0046 | Private Client | YYZ→KORD Jan 28 | Jan 28 | $31,500 | Feb 11 | Paid ✓ | |
| AV-2026-0047 | Northern Resources | Multiple Feb legs | Feb 15 | $22,000 | Mar 1 | Pending | |
| AV-2026-0045 | Dr. Reid · Medevac | Medevac CYYZ→CYVR | Feb 8 | $9,800 | Feb 22 | Overdue | |
| AV-2026-0044 | Private Client | KORD→CYYZ Feb 14 | Feb 14 | $18,500 | Feb 28 | Paid ✓ | |
| AV-2026-0043 | Cash Charter Client | Charter Feb 12 | Feb 12 | $14,200 | At booking | Paid ✓ |
💰 Rate Card
| Aircraft | Rate/Hr | Min | Ferry |
|---|---|---|---|
| N112EM · Challenger 600 | $4,200/hr | 1.5 hr | $2,100 |
| N345TR · IAI Westwind | $3,100/hr | 1.0 hr | $1,550 |
| N945SK · Citation VII | $3,600/hr | 1.5 hr | $1,800 |
| N100LR · CL-600 | $4,800/hr | 1.5 hr | $2,400 |
📊 Revenue by Customer (Feb)
Neven Zeremski
5 legs
$72,400
Private Client
4 legs · Paid current
$55,500
Northern Resources
3 legs · $22K pending
$28,700
Cash Charter
2 legs
$20,400
Dr. Reid
2 medevac
$9,400
Documents on File
34
All categories
Expiring ≤90 Days
3
Action required
AOC Status
Valid
Exp. Dec 2026
Expired
0
All current
🏛 Regulatory Certificates
Air Operator Certificate (AOC)
Transport Canada · #AOC-CA-2019-0041
Dec 31, 2026
Current
AMO Certificate
Transport Canada · #AMO-2021-0882
Mar 31, 2026
⚠️ Renew Soon
Operations Manual (Approved)
Rev. 12 · Approved Feb 2025
Feb 2027
Current
RVSM Authorization
All fleet · NAT HLA approved
Ongoing
Current
🧑✈️ Pilot Certificates & Medicals
Capt. Rivera — ATP + Class 1
ATPL # TC-AT-2009-0821
Aug 2026
Current
F/O Chen — CPL/IR + Class 1
CPL # TC-CP-2019-3140 · ⚠️ Medical renewal
Apr 2026
⚠️ Due Soon
Capt. Holloway — ATP + Class 1
ATPL # TC-AT-2001-0217
Nov 2026
Current
F/O Park — CPL/IR + Class 1
CPL # TC-CP-2016-2288
Sep 2026
Current
Capt. Thompson — ATP + Class 1
ATPL # TC-AT-2006-1104
Jun 2026
Current
📁 Document Registry
| Document | Category | Aircraft / Person | Expires | Status | |
|---|---|---|---|---|---|
| AOC | Regulatory | Fleet-wide | Dec 31, 2026 | Current | |
| AMO Certificate | Regulatory | Fleet-wide | Mar 31, 2026 | Renew | |
| C of A — N112EM | Airworthiness | N112EM | Continuous | Current | |
| C of A — N345TR | Airworthiness | N345TR | Continuous | Current | |
| C of A — N945SK (S/N 650-0001) | Airworthiness | N945SK | Continuous | Current | |
| C of A — N100LR (renewed Jan 2026) | Airworthiness | N100LR | Continuous | Current | |
| F/O Chen — Class 1 Medical | Crew | Sarah Chen | Apr 2026 | Due Soon | |
| Hull Insurance — All Fleet | Insurance | Fleet-wide | Various 2026 | Current |