Through COVID-19, there has been a paradigm shift in the understanding of the value proposition that business aviation provides. Beyond its obvious use, i.e., for businesses to do more with less time, private aviation has been a literal life saver through the pandemic. From getting stranded students back home, to medical evacuation or even to the urgent transportation of PPE, private aviation has stepped in where commercial aviation could not.
Business aviation kept going when commercial airlines ground to a halt; it made mission impossible, possible. As international travel became more and more challenging, the awareness of business aviation as a viable alternative grew. While hygiene and travel health concerns reached a peak, business aviation enquiries soared. Utilizing private aviation decreases “touchpoints” by more than 80% when compared with commercial airlines, and thus it became a justifiable option for new users.
Although commercial air travel is slowly returning to service; travel times, conditions, and overall effectiveness have plummeted. In parallel, business aviation has offered a lifeline to corporations and individuals. The value of business aviation as a tool, enabler, and solution has been realized.
- For corporate executives, time is the most valuable and limited resource. It becomes a taxing situation when airlines get delayed or executives get trapped in traffic and are worried of missing a flight. Second, the pandemic has increased travel administration and in turn check-in and security check times are now far longer. At the minimum, travelers should arrive at airport at least three hours before departure. Hardly a competent process for a business leader trying to do more with less time.
- The basic premise of business aviation is that it offers a tremendous amount of flexibility to the senior executives who want to travel where and when they need to do so. Business aviation is an important tool that gives busy executives the ability to remain “close to the customer” in a challenging business environment and reduces waste by saving thousands of hours of non-productive travel time.
David Goodnight Austin TX says that when acquiring your own aircraft or growing your commercial fleet there are many critical considerations to be made, most importantly is a careful evaluation of what the aircraft’s mission will be, as well as the budget requirements. The Goodnight Group’s years of experience working in the aviation industry allows its agents to offer vital guidance through all stages of this decision-making process.
The Goodnight Group’s existing inventory, together with our international network of unpublished available aircraft, vests us the power of facilitating the sale or purchase of all business, commercial, military and private aircraft.
Our extensive inventory and network afford us the ability to offer premium aircraft on operating lease, lease purchase and ACMI.
In summary, business aviation has become an essential business requirement. Hence the paradigm shift towards perceiving business aviation as a necessity and not as a luxury indulgence is a step forward in increasing executive productivity.