business-aviation-fact-book-2014
business-aviation-fact-book-2014
business-aviation-fact-book-2014
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SECTION 1<br />
What is Business Aviation?<br />
It’s a <strong>fact</strong>: Business <strong>aviation</strong> plays a vital role for citizens, companies<br />
and communities across the U.S. The industry is vital to the national<br />
economic interest, generating over a million jobs, providing a lifeline<br />
to communities with little or no airline service, helping thousands of<br />
<strong>business</strong>es of all sizes to be more productive and efficient, and<br />
providing emergency and humanitarian services to people in need.<br />
As a subset of general <strong>aviation</strong><br />
(GA), <strong>business</strong> <strong>aviation</strong> is commonly<br />
defined as the use of general <strong>aviation</strong><br />
aircraft for <strong>business</strong> purposes.<br />
General <strong>aviation</strong>, which encompasses<br />
all civil <strong>aviation</strong> activity except<br />
that of the commercial airlines, is an<br />
integral and vital part of the world’s<br />
transportation system.<br />
Business aircraft include helicopters,<br />
piston-powered propeller-driven<br />
airplanes and turbine-powered turboprops<br />
and turbojets. Although the<br />
worldwide fleet includes ultra-longrange<br />
<strong>business</strong> jets capable of flying<br />
20 or more passengers nonstop<br />
between distant international <strong>business</strong><br />
centers such as New York and<br />
Tokyo, the vast majority of <strong>business</strong><br />
aircraft seat six passengers in a<br />
cabin roughly the size of a large SUV<br />
and fly average trips of less than<br />
1,000 miles. To facilitate the conduct<br />
of <strong>business</strong>, many of these aircraft<br />
are equipped with phones and<br />
computers with Internet access.<br />
Fast Facts<br />
Small companies operate the majority of <strong>business</strong> aircraft. Most companies<br />
(59 percent) operating <strong>business</strong> aircraft have fewer than 500 employees, and<br />
seven in 10 have less than 1,000 employees.<br />
Business <strong>aviation</strong> serves 10 times the number of U.S. airports (more than<br />
5,000) served by commercial airlines (about 500).<br />
Business aircraft users have a dominant presence on “best of the best”<br />
lists for the most innovative, most admired, best brands and best places<br />
to work, as well as dominate the lists of companies strongest in corporate<br />
governance and responsibility, revenue growth and market share, indicating<br />
that <strong>business</strong> <strong>aviation</strong> is the sign of a well-managed global company.<br />
4 | <strong>2014</strong> NBAA Business Aviation Fact Book
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