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A Valuable Travel Option
Transportation is an essential element in business today and most business travel is by air- observes Jack Olcott. The enlightened Board will recognize that air travel comes in several forms- ranging from the services of large air carriers to regional airlines and- yes- flights on business aircraft - be they company-owned- shared or chartered.

While more companies regard Business Aviation as a valuable travel option- the integration of airline schedules and the availability of company-owned or chartered aircraft have yet to be broadly adopted.

The lack of coordination- in part- reflects the large number of smaller corporations—over 70 percent for companies with total sales below $100M—that have no in-house travel department. Among this segment of US businesses- only one out of five either integrates- or closely coordinates its business aircraft operations with airline scheduling (see Chart A below).

The vast majority of larger corporations in the range of $5B to $10B in sales annually- have an in-house travel department- and among that group- the scheduling of airline reservations and seats on a business aircraft is more common.

Further- one out of three companies with sales between $5B and$10B has policies that link scheduling of business aircraft and airline flights.

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