Private jets save money and time for businesses whose executives travel frequently. Recent research shows that a private jet could even boost your company’s performance, providing a competitive advantage over companies that don’t use business aircraft.
Bizjet users are top performers
A 2013 study of Business Aviation by NEXA Advisors reviewed the link between private aircraft and the world’s top-performing companies. The study found “ample proof” that business aviation creates significant value for businesses and can “materially improve” a company’s ability to create value and increase returns for shareholders. The report showed that growth in business aviation activity around the world has also benefited international companies and shareholders in a similar manner to those in the U.S.
Most would agree that private jets save time and money for businesses whose executives have to travel frequently, but it’s validating to learn that private jet ownership significantly boosts company financial performance as well.
The advantages that private aircraft offer businesses can be summed up with this statement: Private jets make it easier and faster for executives to conduct business in person with their customers and partners.
Private aircraft advantages
If you still need convincing, consider these specific advantages of private aircraft:
- Skipping the hassle and delays of the TSA.
- Scheduling flights around your needs — If your meeting runs late, you fly on your time, and the plane waits for you.
- Departing on request — You can book several meetings in a day, make every meeting on time, and still be home for dinner.
- Using smaller airports to get to your destination faster — More than 5,000 airports can accommodate smaller aircraft, compared to only 550 larger airports that are available for larger commercial aircraft.
- Trust and privacy — Owning your jet means hiring a pilot and crew you trust. It also allows you to conduct business in private without worrying about compromising sensitive information.
The upfront cost of a private jet may seem sizable, but compare that to the cost of flying to multiple locations using commercial airlines, the price of overnight hotel stays, time lost in delays and ground travel, and reduced productivity. An investment in a bizjet pays for itself pretty quickly and gives you “more bang for your buck.” Plus, private aircraft costs may be tax deductible — so the jet investment gives your business a tax advantage as well as the ability to conduct business on your terms.
Sure, we get it: A private business jet is an incredibly luxurious way to travel. But owning a jet provides a host of other benefits. The end result is a more direct route, less time spent traveling, and the all-important bottom line. If your business growth depends on meeting clients and partners in person, investing in a private jet is a no-brainer.
Contact L & L International if you need assistance in purchasing or selling a private jet.
You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1.305.754.3313, or visit us online.