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 slowly recovering from the COVID-19 pandemic, with operators actively developing new health and safety best practices for increased activity.
- Contrary to common misconceptions, 97% of business aviation users are small to mid-size businesses, not just Fortune 500 companies, and the majority of aircraft are smaller models for shorter trips.
- The sector is a significant economic driver in the U.S., contributing $219 billion annually and employing 1.1 million people, while also providing user companies with a competitive advantage through increased productivity and efficiency.
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