Aircraft Management refers to the comprehensive oversight and administration of an aircraft's operations. This includes scheduling flights, managing maintenance, and ensuring compliance with aviation regulations. The goal is to optimize the aircraft's performance while ensuring safety and efficiency. Additionally, Aircraft Management often involves financial planning, such as budgeting for fuel, crew salaries, and insurance. Companies or individuals may hire Aircraft Management firms to handle these responsibilities, allowing them to focus on their core activities while ensuring their aircraft is well-maintained and operated effectively.