Thursday, June 19, 2008

Business Aviation Gaining Despite Stagnate Premium Airline Ridership

Image Source: STG Analysis.

A new study released by the Stanford Transportation Group shows that travelers using business aviation as an alternative equal 41 percent of the total number of premium airline travelers--an increase of five percent from two years previously.

According to STG Managing Director Gerald Bernstein, "...growing business aviation acceptance, fleet growth, the expansion of fractional programs, pre-paid flight card programs, and the development of new business models enabling lower trip costs have driven a steady expansion in the number of travelers using business jets and turboprops."

Business aviation offers more perks to the premium traveler, is becoming more and more cost-effective and offers less hassle than the strip-search mentality of the major airlines.

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