Three months into the COVID-19 pandemic, the National Business Aviation Association reports operators are slowing coming back online as the market and economy attempts to rebound.
NBAA: Business Aviation Slowly Comes Back to Life
Key Takeaways:
- Business aviation is experiencing a gradual rebound in activity, particularly charter, three months into the COVID-19 pandemic, with operators focusing on new health and safety best practices.
- Contrary to common misconceptions, business aviation is primarily utilized by small-to-midsize businesses and organizations (97%) for shorter trips with smaller aircraft, not just Fortune 500 companies with large jets.
- This sector is a significant economic contributor, generating $219 billion annually and supporting 1.1 million jobs in the U.S., offering companies a competitive advantage through enhanced productivity and efficiency.
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