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BUSINESS AVIATION AN ENTERPRISE VALUE PERSPECTIVE 2005 - 2010(4)

时间:2011-12-13 09:18来源:蓝天飞行翻译 作者:公务机

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These results are remarkably consistent when comparing our SME analysis with the large companies in our previously published 2009 report. When taken together, we can conclude that for any size business, small, medium, and large: companies using business aircraft consistently outperform companies that do not, in terms of shareholder and enterprise value created.
These results are not intended to suggest that the use of business aircraft by any size or type of company guarantees positive financial results or that their use is appropriate in all circumstances. The question individual companies and their executives must answer is: Under what conditions will the uses of business aircraft drive growth in enterprise value, and by extension, provide the best solution? After all, business aviation is one of many tools companies will use to meet their business travel needs. Companies rely upon business aviation when it is the right tool for a particular mission.

“Having an aircraft allows me to do more in a day… see more customers, visit more distributors, and make more appointments.  It is a way to leverage my time.  I call it my time machine.”
Steven G. Whitney
President
Whitney Products

2 . NEXA . BUSINESS AVIATION . PART II

“2010 will be the best year in our 34-year-history. It may not be completely due to our aircraft, but it sure has helped,”
Ronald Fedric
President
Nova Group, Inc.


NEXA . BUSINESS AVIATION . PART II . 3

 

“We are able to immediately respond to client requests often committing to initial meetings within 2 hours of the client inquiry. This enables us to meet with clients as quickly as their schedules will allow.”
James Lara
President
Gray Stone Advisors

4 . NEXA . BUSINESS AVIATION . PART II

STUDY METHODOLOGY AND ASSUMPTIONS
In assessing the potential benefits of operating business aircraft to SMEs, we examined peer groups of companies by their use or nonuse of business aircraft. This approach was pioneered in a study performed for NBAA and GAMA4  in 1993, followed by a subsequent shareholder value analysis performed by Arthur Andersen in 2001, and the NEXA 2009 study of America’s largest public companies (S&P 500).
 
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