The National Business Travel Association (NBTA) – now holding its Annual Convention in San Diego with a reported 5,200 attendees - offered a preview of its new general aviation white paper, General Aviation Options for Business. The new white paper provides travel managers an overview of benefits to business aviation, offering examples of increased employee efficiency, productivity and safety.
For companies pursuing private aviation as a business solution, the paper highlights five options and financial considerations for each:
1. On-Demand Charter
2. Jet Card Program
3. Fractional Aircraft Ownership
4. Joint Aircraft Ownership
5. Full Aircraft Ownership
NBTA Aviation Committee Co-Chair James Sisco said, “Many companies use private aviation to save time getting from point A to point B, most often gaining more time to spend with a client or making sales. This white paper outlines the options businesses have when considering general aviation, offering insights and resources for each, helping companies to make informed and educated decisions on what options are best for specific needs.”
The white paper advises travel managers to develop a mission profile, identifying corporate needs such as frequency of travel, common destinations, and average lengths of trips. Corporations are also encouraged to develop general aviation polices and procedures to ensure a private aircraft is utilized as a management tool for improving efficiency and effectiveness in the marketplace.
The white paper will be available on NBTA’s website: www.nbta.org