A new study unveiled at the recent National Business Aviation Association convention shows that even during the worst economic times since the Great Depression, companies that relied on business aviation outperformed the field in important measures of shareholder value and recovered from the recession more quickly than their peers across a range of industries representing the U.S. economy. The study, “Business Aviation: Maintaining Shareholder Value Through Turbulent Times,” concludes that companies in the S&P 500 that use business aviation achieved superior financial performance in a number of key measures and also displayed superior ability to respond to the severe downturn. “This answers the question as to why so many American enterprises continue to depend upon business aviation, even in — and perhaps, especially in — tough economic times,” said NBAA President and CEO Ed Bolen (pictured). Find out more here.
Janice Wood is editor of General Aviation News.