Earnings growth 434% greater than your competition!

A study of companies who are using business aviation is out and some of the more interesting statistics are:

• Average annual revenue growth on a market cap-weighted basis was 116 percent higher for users of business aircraft than for non-users.


• Average annual earnings growth was 434 percent higher for users of business aviation.


• Market capitalization growth as measured by market value growth was 496 percent higher for business aircraft users than for non-users.

You can get the story here.

The study itself is located here.

Visit Horizons Aloft today to learn how your company can benefit from a robust business aviation commitment.


Clear skies and tailwinds!
Mike

Nice article from the Economist

Over at the Economist they've posted a nice, balanced article on general aviation. I think they overplay the costs in comparison to airline travel - but that's based on my experience of mostly last minute needs. If your flying can be scheduled with 2 weeks advanced notice, you will have a different cost profile.

Clear skies and tailwinds!
Mike

Back to the Beginning

I realized that in my zeal to begin talking about business aviation for the pilot who's also the business owner, I forgot to start at the beginning of the story.

Why would a small business invest in flight training and a light airplane?

Traditionally, all the sole proprietor and small company owner/pilots were pilots first as a hobby. They realized, at some point, that these vehicles are useful for doing business.

What I'm trying to do is "spread the gospel", so to speak, about about business aviation. There's no need to relegate business flying until your company can afford the latest and greatest jet. You can get a demonstrable payback on your investment with a used aircraft. Then, once you get some experience and see exactly what the aircraft can do for you and your company, your business can decide if it wants to invest more.

Next time around - a couple of specific scenarios to help illustrate my point.

Clear skies and tailwinds!
Mike

Missed one!

When I posted my list of available portable aviation GPS's I forgot to mention the newest entry on the scene.

After a long hiatus from offering new and innovative products for light general aviation aircraft, Bendix-King is now offering the AV8TOR and AV8TOR ACE units. I have not had an opportunity to try these units out for myself, but the word on the street is that they are easy to use and reliable.

Clear skies and tailwinds!
Mike