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Business Aviation: The sign of a well-managed company

Airlines are easily identified by just about everyone. So is Military Aviation. But all the rest—that vast spectrum of flying usually referred to as General Aviation or simply GA—is hard to define with precision- observes Jack Olcott. Usually it is identified by what it is not—not the airlines and not the military.

A encompasses activities that range from ultra-light craft that adventurers take aloft to experience bird-like flight to highly sophisticated business jets that carry entrepreneurs to emerging markets throughout the globe non-stop. Thus it is understandable that the public may have little knowledge of the role that nonairline- non-military aviation plays in the overall economy of our country.

For the record- all of General Aviation contributes about $150 billion annually to US economic output- according to research conducted by the General Aviation Manufacturers Association and the National Business Aviation Association.

Nearly 70 percent of all General Aviation activities have a commercial component- either directly by offering services for hire (such a charter- flight instruction- agricultural support or other special purpose activities) or indirectly by providing transport of people and goods for industry. The segment of GA that serves the transportation needs of industry is sufficiently large to have its own designation— Business Aviation.

The average “corporate jet” is far from large- at least by the standards of airliners. Typically it has sufficient size to carry about six to eight passengers and is flown by two professional aviators. Headroom ranges from about five feet in most light and many medium jet cabins to just over six feet on all but the very largest business aircraft. These aircraft are designed to provide purposeful transportation- and they do yeoman service.

Over three-quarters of all passengers on business aircraft are middle managers or technical specialists. The majority of companies operating business aircraft are relatively small companies; their average employee count is fewer than 500 and seven out of ten operators have fewer than 1-000 employees.

Time spent traveling onboard a company aircraft is devoted mostly to work-related activities. No one wants to be seen reading the latest hot novel in the presence of his or her professional peers. Business aircraft are indeed offices that move- and the focus is on business.

The company that appreciates the value of people and time uses Business Aviation - the sign of enlightened management.

Do you have any questions or opinions on the above topic? Get them answered/published in World Aircraft Sales Magazine. Email feedback to: Jack@avbuyer.com

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