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BizAv In Canada: Alive and Doing Fine, Thank you

One of the greatest business tools of this century will prove not be the PDA, email or the virtual office.


October 3, 2007
By Rob Seaman

Topics

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.