Why Fly Private Jets?
Why Fly Private?
It's a big decision time for your company. How do you manage a tight schedule, meetings throughout the region, and still find time for home and family? It seems like every day is another airline flight subject to cancellations, increasingly invasive security procedures, and certainly the risk of illness in such a confined area. Then, following the flight another hour on the road to and from an important meeting, a stay in the hotel, then repeat the next day. Is there a better way? How can a small business create more time in the day, or make each day more productive?
Corporate aviation offers access to nearly 4,500 airports in the United States alone that aren't presently served by airlines. Rather than arriving at the airport two hours early to deal with security and delays and spending hours on each end driving to and from your airline hub of choice (don't forget that connection in Atlanta) your business can arrive and depart from airports within a short Uber ride of your destination.
Let's take a sample trip: Your Denver-based company has an important customer in Albuquerque, New Mexico and another in Casper, Wyoming. Once a week, you must visit each. On the airlines, you'll fly from Denver International to Albuquerque International Sunport and Casper Natrona County. With each airport only offering three direct flights a day, it's likely each visit will be an overnight stay, even for a short meeting. And should your meetings take place in Gallup or Riverton, you're likely to see several hours of driving on either end.
Let's look at the corporate comparison: Anywhere in the Denver metro area you're less than 30 minutes from a corporate airport in traffic. From Rocky Mountain Metropolitan in the north or Centennial Airport on the south side of town, you fly directly to Gallup in an hour, where you can conduct your two hour meeting in the morning, return to the airport and be in Wyoming in approximately 2 hours. After accomplishing two meetings in one day, you're home in time for a late supper. A weeks worth of meetings consolidated into one day, with connectivity allowing you to be productive on the flight.
According to a research study by NEXA Advisors which evaluated small businesses on the S&P SmallCap 600, users of corporate aviation performed head and shoulders above the competition in every capacity (NEXA Advisors, 2010). Their three key findings showed:
- Companies using business aircraft produced better financial results than those which did not.
- 69% of Small/Medium Enterprises showed more growth in 2008 and 2009, despite the recession.
- Business aviation offered these companies access to markets others couldn't reach because of a lack of airline traffic.
The key here is that while some might question shareholder response to the use of a corporate aircraft, in reality a corporate aircraft is a key contributor to success. This is not to say that having a jet guarantees success, merely that wise use of corporate air travel is a hallmark of successful companies. To further illustrate the benefits of corporate aviation, here are a few more data points from the National Business Aviation Association:
- S&P 500 companies which use business aircraft outperform those that don't by 70%
- More than 42% of business aviation use involves multiple stops, and approximately the same percentage are to destinations with little to no airline service.
- 95% of Fortune Magazine's "Best Places to Work" use corporate aircraft.
- 57% of the companies using corporate aircraft have less than 500 employees.
Antaero Aviation is dedicated to helping businesses grow with the use of corporate aviation. With the lowest management prices in the industry and transparent financial reporting, Antaero ensures that your corporate aircraft is an asset to your company and your shareholders. With key industry partners who specialize in Aircraft Acquisition, we analyze your needs, budget, and goals to find the right aircraft for your continued success.
Resources
No Plane, No Gain (2020) Infographics. Retrieved from: https://noplanenogain.org/resources/infographics/
NEXA Advisors, LLC (2010) Business Aviation: A Value Perspective. Retrieved from: https://nbaa.org/wp-content/uploads/2018/02/NEXA-Report-Part-2-2010.pdf
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