Benefits of Business Aviation
Business aviation is defined as the use of a general aviation airplane for a business purpose. It is essential to tens of thousands of companies of all types and sizes in the U.S. who are competing in a marketplace that demands speed, flexibility, efficiency and productivity. The vast majority of these companies – 85% – are small and mid-size businesses, many of which are based in the dozens of markets across the country where the airlines have reduced or eliminated service. A company’s decision to utilize business aviation for any mission depends on a variety of factors, including availability of commercial service in the departing or arrival destinations, the number of sites to be visited in a single day, the number of employees traveling, the need to discuss proprietary matters en route, the need to move specialized equipment and a host of other considerations.
The following list details some of the primary reasons companies utilize business aviation as a solution to their transportation challenges.
Accessing communities with little or no airline service. Business aviation serves ten times the number of communities (more than 5,000 airports) than are served by commercial airlines (less than 500 airports).
Reaching multiple destinations quickly and efficiently. Reaching multiple destinations in a single day can be hard, or even impossible to complete with other modes of transportation.
Supporting the travel needs of many types of company employees. An NBAA survey revealed that 72% of passengers aboard business airplanes are non-executive employees. Companies often send teams of employees to a given destination because it is the most cost-effective means of transport.
Moving equipment. When sensitive or critical equipment is involved, business aviation is often the best solution.
Ensuring flexibility. Business people don’t always know in advance where or when opportunities will present themselves. Business aviation provides flexibility for companies that need to ensure employees can respond to changing demands and circumstances.
Increasing employee productivity and providing security. Business aviation is a productivity tool. When traveling aboard business aircraft, employees can meet, plan and work en route, and discuss proprietary information in a secure environment and without fear of eavesdropping, industrial espionage or physical threat.
Keeping in contact.
Providing a return to shareholders. Studies have found that corporations who use business aviation as a solution to some of their transportation challenges return more to shareholders than companies in the same industry that do not utilize business aviation.
Schedule Predictability. Over 3 percent of all commercial airline flights are canceled and nearly one quarter are delayed. When it’s your commercial flight, its 100 percent. Today, because of record load factors on commercial airlines, if your flight is cancelled or a delay causes you to miss your connection, the odds of you getting on the next flight are significantly reduced. When the future of a company depends upon you arriving on time, business aviation is an important tool.