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Rob Seaman BizAv In Canada: Alive and Doing Fine, Thank you

One of the greatest business tools of this century will be corporate/business aircraft

Written by Rob Seaman   
One of the greatest business tools of this century will prove not be the PDA, email or the virtual office.
55-kingairOne of the greatest business tools of this century will prove not be the PDA, email or the virtual office. It will be corporate/business aircraft.

Business aviation currently enjoys the best safety record of any aviation sector in Canada. Its key benefits are threefold: time and cost savings, security, and the ability to operate into the numerous smaller airfields that offer closer proximity to the point of business.

Demand has played a big role in the evolution of corporate aviation. In North America today, commercial carriers operate out of 500 airports - but over 75% of their passengers are served through only 50 key airports. Corporate aviation, on the other hand, has access to 5,000 airports, thus connecting local business with the global economy. In 1976, there were just under 4,000 corporate aircraft and slightly over 2,000 corporate flight departments reported as members of the NBAA. Today, there are more than 14,000 aircraft and more than 9,000 flight departments.

Last year the NBAA published a review of 11 companies operating business aircraft. Over a fourmonth period, comparing travel with bizjets to commercial services, the total time saving was 5,939 hours. In addition, these firms were able to save 2,640 nights away from home along with the related costs. Studies show that companies operating business aircraft have higher measures of personal productivity, better sales per employee, increased revenue per employee and superior profit per employee.

 
   







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July/August 2002

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