Businesses that rely on aviation not only did better during the Great Recession; they are already doing better in the recovery when compared to their ground-bound competitors, according to a new study. A post on the website of the National Business Aviation Association notes that companies that utilized business aviation “mitigated revenue losses and recovered more quickly than non-users. Further, companies using business aviation were quicker to hire back employees and have significantly grown their overall workforce since 2007, relative to non-users.”
“Cessna Pilot Centers are a foundation of our aviation community,” said Rod Rakic, co-founder at OpenAirplane. “We’re excited to be working with the team at Cessna to enhance our product, and deliver a great experience consistently wherever our pilots want to fly.”
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.
The National Business Aviation Association (NBAA) will bestow the organization’s highest award — NBAA’s 2012 Meritorious Service to Aviation — to the Tuskegee Airmen, Oct. 31, during a general session of the association’s Annual Meeting & Convention (NBAA2012) in Orlando, Florida.
The National Business Aviation Association (NBAA) is working with the Equipment Leasing & Finance Foundation on a research study, titled Business Aviation – Gaining Altitude. The goal of this study is to better understand the current and future trends in the business aviation market. As part of the research process, NBAA is seeking survey respondents. Participation will contribute to the data and insights about buying, selling and financing business aircraft over the next several years. [Read more…]
The National Business Aviation Association (NBAA) hired NEXA Advisors to produce at study titled, “Government Use of Aircraft: A Taxpayer Value Perspective.” Spoiler alert: government personnel, at all levels of government, like using aircraft to do their job and find value in doing so. Imagine that. The quotes in the 24-page study are good reading. They include: [Read more…]
Pilots and maintenance technicians of business aircraft, involuntarily unemployed since January 1, 2012, can maintain their proficiency with no cost training while they look for new employment opportunities. “We are pleased and proud to have helped our Customers through the Proficiency Protection program in the past. We now offer it again during 2012,” said Bruce Whitman, FlightSafety President & CEO.