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To view this page ensure that Adobe Flash Player version 9.0.124 or greater is installed. The SMEs analyzed in this study were predominantly from industrial and consumer discretionary industries (almost 50 percent). The industrial classification6 includes construction, transportation, machinery, etc., while the consumer discretionary classification includes automotive, retail clothing, toys, home furnishings, hotels, restaurants, etc. While the top three sectors remained the same for both studies, the larger companies in the 2009 study were less concentrated in the top three industries, with more representation from health care and information technologies. The larger companies were more focused on transaction-based business and use of business aviation to help execute strategic transactions. Final Thoughts As we conclude this second part of our analysis of the impact of business aviation on the creation of shareholder and enterprise value, it is clear that companies in America that used business aviation outperformed nonusers across a wide range of financial and nonfinancial metrics regardless of company size. Nonusers are encouraged to learn more about business aviation and take advantage of the resources provided by NBAA and the No-Plane No-Gain website. (http://www.noplanenogain.org) We hope policymakers will continue to give careful consideration to the importance of business aviation to the overall economic engine of America. Our studies provide a critical fact-based analysis to further this understanding. “We get to the airport, we’ll have the meeting right here at the airport, we’ll walk back out an hour later and hop right back on the airplane. We don’t have to stop, get a rental car, go downtown, and get a room.”
COMPANIES WITHIN THE S&P 600 SMALLCAP ANALYZED |
