Flying private isn’t just for luxury vacations; it can also be an efficient and cost-effective option for business travel planning – even if you’re not a large company.
Some of the world’s top companies choose private aviation over commercial flights. It enables flexibility in scheduling, convenience, and privacy. According to the National Business Aircraft Association, Fortune 500 companies account for just 3% of the 15,000+ registered business aircraft. The remaining 97% are flown by a combination of government, charitable organizations, universities, sports teams, and SMEs.
Here’s how companies of all shapes and sizes can reap the tangible benefits of using a private jet for business travel planning:
1. Private Jets Enable Efficient Business Travel Planning
For companies transporting small teams of employees or conducting business meetings in multiple locations, the time savings can be huge.
Instead of spending hours waiting in long security lines or dealing with flight delays, private jet passengers have more control over their travel plans and complete comfort throughout their journey.
And with access to regional airports that aren’t served by commercial airlines, travelers can reach remote destinations more quickly. Choose a more direct route to travel so you can reduce travel time and get right to business.
On average, private jet travelers save as much as 4-10 hours on travel time.
2. Get More Client Face Time
Traveling by private jet lets you maximize your time with clients. Face-to-face communication is often limited by travel schedules. If you’re only in town for three days, the amount of time you spend traveling to and from a client’s location will determine how much time is left to spend with the client.
Another opportunity is to have your client join you onboard the private jet. You’ll have more space for meetings and discussions, leading to greater productivity. With no other passengers onboard, there is less potential for distractions or disruptions. You’ll also enjoy the added privacy that allows for confidential conversations.
3. Outperform Your Competitors that Aren’t Using Private Business Aviation
Companies that leverage private business aviation tend to outperform companies that do not. A study conducted by NXA Advisors looked at the performance of S&P companies and found private business aviation is used by the following:
- 98% of S&P 500 companies included in Business Week’s “100 Best Brands”
- 95% of Business Week’s “50 Most Innovative Companies”
- 95% of S&P 500 companies on Fortune’s “50 World’s Most Admired Companies”
- 90% of Business Week’s “25 Best Customer Service Companies”
- 86% of Fortune’s “100 Best Places to Work”
Other studies on small and medium enterprises have revealed similar results. Looking at key performance indicators, SMEs that use private jet travel deliver 245% more value to shareholders, have 230% higher EBITDA, and 219% higher earnings due to increased productivity and efficiency.
No matter the size or type of business, time is money. Agile companies are positioned for optimal performance as markets shift. Learning to use travel time wisely and travel in the most efficient manner allows you to maintain productivity, foster better client relationships, and even save on overall travel costs – all of which can help you maintain a competitive edge physically and fiscally.
Schedule Your Next Business Trip with Access Jet Group
Access Jet Group helps you recognize faster time-to-value with private business aviation by handling your bookings and plans on your behalf. You receive a personal concierge who is available 24/7/365 to present you with multiple charter options, secure your booking, and manage the fine details of your trip.
We can present charter options that include onboard audio-visual equipment, WiFi connectivity, and other support to help you make the most of your time. If you’re entertaining clients on board, we can provide in-flight catering, special gifts, champagne, or anything you need to make a strong impression. Keep us in mind when it comes time for your next business travel planning!
Contact us today for pricing and availability.
