Good air service is a key to economic development, but more U.S. cities lose commercial airline service each year. However, private aviation bridges the gap.
Business aviation provides a critical transportation lifeline to thousands of communities all across the U.S. that have little or no airline service. Some 41% of business aircraft are flown to towns with little or no air service. Research by No Plane No Gain, an advocacy group, points out when a company needs to reach clients, manage far-flung facilities, or seek out new opportunities, business aviation is often the only viable option.
Access by private jets and turboprops enable companies to better serve hard to get to locations bringing money and jobs. Jet Cards have made it easier for companies to use business aviation
Jet Cards have made travel easier for companies by enabling them to leverage the benefits of private jet travel for employees and customers without the long-term commitment and expense of full or fractional ownership. At the same time Jet Cards provide companies the ability to tightly control budgets and who is flying, as well as ensure providers meet the duty of care standards for sourcing aircraft and flight crew. Now, according to advocacy group No Plane No Gain, two governors in the Southeast have recognized that having their rural general aviation airports upgraded to business aviation standards is a key element in driving increased economic development in these areas.
Jet Cards are popular with companies that want to obtain the benefits of private aviation and be able to carefully budget total spending and costs per trip.
It might surprise you that it is estimated around 50% of Jet Card flying is for business. While Jet Cards are popular with families and executives who fly by company jet, but need a personal private travel solution, the Jet Card is also ideal for companies. Many Jet Cards provide guaranteed hourly rates, and one-way rates, meaning no ferry fees. Both features mean that it is easier to budget trips. Jet Cards also provide the ability to quickly take advantage of opportunities that pop up without having to worry about transferring funds, but because they are purchased in fix amounts, give your CFO and COO budget control.
New research shows that companies that use private aviation sell more, earn more and have happier and more productive employees
Business aviation is a productivity tool used by thousands of companies and organizations of all sizes. These forward-thinking organizations utilize business aircraft to minimize travel time; enhance the efficiency, productivity, safety and security of key personnel; and remain nimble, competitive and successful in today’s highly competitive marketplace, so says new research. It’s time to separate fact from fiction.
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.