Somewhat lost in the shuffle of recent events, NBAA and the General Aviation Manufacturers Association (GAMA) have released the second part of a study of how the use of business aircraft affects shareholder value. The financial consulting firm Arthur Andersen was commissioned by the two associations to identify the various uses of business aircraft by American corporations and then assess whether each of these uses benefited a company in the form of greater shareholder value.
“We have learned that business aircraft can be remarkable aids to business under certain circumstances, including during economic downturns,” Andersen said. “The methodologies presented here should enable you to determine whether using business aircraft can help your company create long-term shareholder value. If you already use business aircraft, these methodologies can help you optimize the value of your fleet through the understanding of proven best practices in business aviation.”
The most recent white paper, titled Business Aviation in Today’s Economy: A Guide to the Analysis of Business Aircraft Use, Benefits and Effects on Shareholder Value, urged companies to “formally and systematically” analyze business aviation on a regular basis to determine the conditions under which the use of business aircraft can have the greatest contribution to shareholder value.
