New Study on Business Aviation

by Matt on October 12, 2009

AVWeb’s [free registration required] Glenn Pew is reporting on a recent study that many companies rated highly on corporate governance and responsibility rely on the use of business jets. Seems the study supports companies that use business aircraft are among the ”most innovative, most admired, best brands, and best places to work.”

“NEXA’s study (PDF) correlates measures of businesses’ success with business aircraft. It found that annual revenue growth was higher for business aircraft users than for non-business aircraft users. It found that annual earnings growth was 434 percent higher for users of business aircraft than non-users and that share price growth was 156 percent higher for those companies operating business aircraft, according to GAMA.”

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