Travel$ense User's Guide (PDF, 139 MB) - NBAA

TRAVEL$ENSE• Long-distance trips flown between airline hubs with low load factors oflow-level employees – rare trips for business aircraft – do not comparefavorably.• This analysis will skew travel management toward:• less expensive travel,• higher personnel productivity,• more efficient staff utilization/time management.• You don’t have to “win” every comparison to justify a trip, or a flightdepartment.• CEO trips “win” easily and compensate for marginal trips.• Overall service to the company is what’s important.• Any unquantified benefit or extenuating circumstance can make anyfinancial test irrelevant.• Consequently, this analysis can help guide, but does not replace, soundbusiness judgment.• Finally, this analysis often confirms the hunch – on a dollars-and-centsbasis – that business aircraft are a smart, savvy way to travel.A few conclusions about Travel$ense and business aviation:• Today, travel is both expensive and necessary.• You can include this analysis, customized to your company’s priorities andvalues, in your daily travel decisions through your corporate travelguidelines.• Using this newly available information, you can compare three travelalternatives prior to every flight to help make better travel decisions.• Use scheduled airlines when appropriate.• Use company aircraft or charter aircraft when appropriate.• Recognize that business aircraft often are the least expensive way to travelwhen all travel costs and benefits are considered.• Intelligently drive business aircraft utilization to all appropriate employeelevels.• Appreciate that you must maximize the use of your two most importantassets – people and time.141Copyright © 1999, National Business Aviation Association, Inc.