business-aviation-fact-book-2014

“Business aviation is essential to tens of
thousands of companies of all types and
sizes that are trying to compete in a marketplace
that demands speed, flexibility,
efficiency and productivity.”
Who Uses Business
Aviation?
Only about 3 percent of U.S. business
aircraft are flown by Fortune
500 companies, while the remaining
97 percent are operated by a
broad cross-section of organizations,
including governments, universities,
charitable organizations and businesses
– large, medium and small.
Furthermore, most business aviation
flights involve time-critical trips by
sales, technical and middle management
employees, not trips by top
executives.
In fact, business aviation is essential
to tens of thousands of companies
of all types and sizes that must compete
in a marketplace that demands
speed, flexibility, efficiency and
productivity. The vast majority of the
U.S. companies that utilize business
aircraft – 85 percent – are small and
mid-size businesses, many of which
are based in the dozens of communities
across the country where the
airlines have reduced or eliminated
service. Thus, business aviation
provides an essential transportation
link – a lifeline – between these
smaller companies and communities
and the rest of the world.
“Several studies have shown
that the productivity and efficiency
gains from business
aviation translate into tangible
and quantifiable benefits for
companies, shareholders and
the national economy.”
While the organizations that rely on
business aviation are varied, they all
have one thing in common: the need
for fast, flexible, safe, secure and
cost-effective access to destinations
worldwide:
• Many companies use business
aircraft to transport personnel
and priority cargo to a variety of
far-flung company or customer
locations, including sites overseas.
• Business aircraft often are used
to bring customers to company
facilities for factory tours,
product demonstrations or sales
presentations.
• Companies and individuals, such
as salespeople and doctors, use
business aircraft to cover regional
territories within several hundred
miles of their home bases. While
the overwhelming majority of
business aircraft missions are
conducted on demand, some
companies have scheduled operations,
known as “shuttles.”
• NBAA Member Companies
spend about $12 billion each
2014 NBAA Business Aviation Fact Book | 5