No Plane, No Gain: It’s an Issue of Culture
This past month signaled the five-year anniversary of the NBAA/GAMA advocacy effort known as No Plane, No Gain. As pre-owned business jet brokers and consultants, we’ve long supported the work of these organizations to tell the true story of how private jet ownership and operation is not just a perk for the C-Suite; rather, it is a business-critical tool for companies determined to gain an edge on their competitors and return maximum value to their shareholders.
After more than three decades of buying and selling new and used business jets, we have seen firsthand that the findings of a recent study entitled Business Aviation and the World’s Top Performing Companies by NEXA Advisors ring true, painting an accurate picture of executive aircraft use that the mainstream media often overlook. A few highlights from this fascinating study showed that among companies operating executive aircraft:
- 98 percent are in the top 50 among the “World’s Most Admired Companies,” a list of the global top companies by corporate reputation compiled by Fortune magazine
- 88 percent are among the top 50 companies in the Forbes magazine listing of the “Global 2000”
- 88 percent are listed in the top 50 companies ranked by revenues in Fortune’s listing of the “Global 500”
- 94 percent are in the top 50 companies listed in the “Best Global Green Brands” for their sustainable business practices
- 88 percent are included in the “World’s Best Multinational Workplaces,” a listing of the best multinationals to work for compiled by Great Places to Work
We know firsthand from the hundreds of business jet transactions we’ve conducted that aircraft ownership and operation can have a truly transformative effect on a company. It all begins with identifying the perfect aircraft for the mission, and then acquiring it on the most advantageous terms. We’re honored to have helped hundreds of companies and individuals do just that. They now have the plane, and they are enjoying the gain.