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To view this page ensure that Adobe Flash Player version 9.0.124 or greater is installed. Our primary source for aircraft data was JETNET, LLC. The JETNET database includes owner and operator information for more than 60,000 aircraft (fixed and rotary wing) with detailed information on whole aircraft owners, fractional owners, operators, leases, and airframe specifications. NEXA further vetted the JETNET database through a review of additional industry data sources to further verify users of business aircraft. These data sources included Cessna’s internal database and NBAA’s Membership list. NEXA has made reasonable efforts to identify (1) companies with owners operating aircraft, (2) companies with traditional flight departments, (3) companies owning fractional shares as primary or supplemental lift, and (4) company officers owning aircraft or fractional shares that are operated for business purposes. It should be noted that some companies use “jet cards” or charter aircraft for transportation and are difficult to identify from any public sources. Therefore, NEXA’s estimates of SMEs using business aircraft can be considered to be conservative. We eliminated from consideration those S&P SmallCap 600 companies for which complete period data was not available, to ensure that the comparison was consistent over time in terms of the number of firms included in each year’s metrics. As a result of these eliminations, our peer group analysis was based on a review of 385 firms from within the S&P SmallCap 600. Using this subset, we compiled financial performance and share price information for the period beginning fiscal year 2005 and ending fiscal year 2009. Finally, we preserved and separately reviewed the performance of several firms that moved up from the S&P SmallCap 600 to either the S&P MidCap 400 or S&P 500 during the study period.
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