NEXA Advisors found over five years companies that use business aviation beat non-users in sales growth, profit, employee satisfaction and accolades
Dear John Flannery and General Electric. Hold onto those private jets! A new study released today covering S&P 500 companies shows those that closed their flight departments experienced less financial success, compared to those that continued to utilize business aviation, even during economic downturns. Over a five-year period, users of business aircraft grew their top line by a factor of 2.4 more than non-users on a weighted and indexed basis. Further, private jet users out-performed non-users by 23 percent in revenue growth and users out-performed non-users by 18 percent in market capitalization.
