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BUSINESS AVIATION AN ENTERPRISE VALUE PERSPECTIVE 2005 - 2010(20)

时间:2011-12-13 09:18来源:蓝天飞行翻译 作者:公务机

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16 . NEXA . BUSINESS AVIATION . PART II

 

 

NEXA . BUSINESS AVIATION . PART II . 17

CONCLUSIONS
Our study of the small and medium enterprises found that business aircraft users outperformed nonusers across the board in the most important measures of shareholder value. In summary:
Superior Financial Performance
As a peer group, SME users of business aviation outperformed nonusers in terms of fundamental drivers of shareholder value growth. Not surprisingly, the companies operating business aircraft performed better financially than companies that did not. According to our interviews, SMEs using business aviation recognized its strategic value, and did not need sophisticated justification to make the business case for keeping or even expanding business aviation’s role. Many said they simply could not have grown their company without business aircraft and the access to smaller airports close to their customers.
Reduced Recession Impact
The economic recession that began in December 2007, followed by the 2008 financial system meltdown, had a significant impact on all sectors and companies. The real estate market crash and the sluggish recovery have hurt business owners and made the recession the worst in recent memory. In responding to the “Great Recession” labeled by Wall Street, SMEs using business aircraft were less impacted than nonusers. Indeed 69 percent of these companies posted greater top line growth in 2008 and 2009.
Better Customer Access
This reality was reflected in a CNN story produced at the Experimental Aircraft Association’s AirVenture 2010 in Oshkosh,  in which NBAA President and CEO Ed Bolen and other general aviation leaders discussed the value of light business aircraft to companies needing “to save money and keep their schedules flexible.” Bolen said these aircraft are often used by companies “trying to visit three, four sites in the same day, and that can’t be done with other modes of transportation.” Cessna Aircraft Company CEO Jack Pelton said of today’s fuel-efficient light business aircraft: “It is an office in the sky. This is not a luxury – it’s really a business tool.”
 
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