Once status symbols reserved for the truly wealthy, the use of private jets for corporate travel has exploded in recent years as more and more CEOs and business execs are realizing just how valuable they are to their production and bottom line. In fact, according to a recent Bombardier market forecast, the global business aviation fleet will be comprised of nearly 23,000 private aircraft by 2023, thanks in large part to growing interest from entrepreneurs, business executives, and top-level managers.
Needless to say, if you travel for business and find yourself wondering how to be more productive, you should consider skipping the airport lines for private corporate travel as well. Still not convinced? Let’s take a closer look at the advantages of flying private and review the many ways it can boost your productivity while traveling the open skies.
Why Use a Private Jet for Business?
Many consider flying private a luxury, and while accommodations on private jets can be rather luxurious, the real benefits of using a private charter service are efficiency and convenience. For instance, private passengers are able to skip the busy airport hubs and simply fly in and out of general aviation airports, allowing them to avoid the traffic associated with large commercial airports.
Meanwhile, private business passengers who decide to leave from a major hub airport due to location, convenience, or another factor, are able to bypass the bedlam of commercial terminals and depart from a smaller fixed base of operation, or FBO. Prior to 9/11, private passengers could even drive their cars right onto the tarmac directly to the FBO. While this isn’t allowed today for obvious security reasons, there are usually free parking and shuttle options for today’s private charter passengers. Transport drivers load the passengers’ bags and there is never a need to worry about lost or damaged belongings because they can remain with them at all times.
Flying private also removes the frustration and stress of having to go through airport security lines. Although the jet captain reserves the right to search any passenger’s bags, there’s no need to remove your shoes, belt, jewelry, and go through an X-ray machine. Private charter captains simply greet passengers and check their identification at the FBO. If you’re running late, the jet will wait. There are also no connecting flights, and once onboard the aircraft, you can eat and drink whatever you’ve pre-ordered whenever you want.
As the name suggests, flying private is also, well, private. Only passengers invited by the head passenger are allowed onboard, allowing your group to hold confidential meetings and work uninterrupted if needed. Nearly all private aircraft are well-equipped with Wi-Fi and laptop connections. Some even have meeting tables, fax machines, and cabin phones. Depending on which private aircraft or charter service you choose, you may be able to watch satellite TV, listen to music, and even walk around while talking or brainstorming. Beds can also be made up for passengers on overnight flights.
Prior to landing, the aircraft crew can contact ground transportation and have a shuttle ready for you when you land. Along with the other conveniences mentioned above, this completely takes the hassle out of business travel. Rather than worry about lines and your luggage, you can simply arrive ready to work. In short, private jet travel saves time and allows passengers to get more done. You can travel to multiple destinations in a single day and flight times or destinations can be changed as needed.
The Number Don’t Lie
In a study commissioned by the NBAA, 20 percent of private business flyers reported feeling even more productive when flying onboard a private jet than they did in their own offices. Conversely, business flyers using traditional commercial airlines reported experiencing a nearly 40 percent drop in productivity. Furthermore, business passengers reported sleeping and resting half as much on private jets than they do on commercial carriers, allowing them to spend their travel time holding work-related meetings, discussions, and so on.
Consequently, private jet users have shown an ability to deliver greater value to their companies and its shareholders. The NBAA Business Aviation Fact Book 2014 revealed private business flyers produced a 245 percent higher return than businessmen and women travelling commercial or by other means. With Wi-Fi capabilities and other communication channels available on many private jets, entrepreneurs, CEOs, and management can perform all of their daily tasks while up in the air and operate with a high degree of efficiency during their flights.
Making the Decision to Fly Private
As you can see, there are obvious advantages associated with private jet travel, with increased productivity being chief amongst them. Today’s executives go above and beyond standard 40-hour work weeks and need every advantage they can get to maximize their production and stay ahead of the competition. While private jet cost is an important factor in a company’s decision to fly commercial or private, a private charter can be written off as a business travel expense. Combined with the productivity boost they provide, private business jets provide a great value to companies and their bottom line. If money is still a concern, here are some lower cost private jets capable of increasing your company’s production without affecting its balance sheet.