Here are 5 interesting things we found in the EBAA Economic Report on European Business Aviation, March 2018

EBAA published this latest economic report in March 2018. There are far more than just 5 interesting findings in this report, but this is just a blog after all.  We were pleased to be able to download it for study and reference as we continue to expand our knowledge base in this growth sector.  Most importantly the report is well written and laid out for the reader. It provides some outstanding information on economic growth and proves key benefits for our industry’s customer base.  There are also some outstanding case studies and key market infographics for easy reference.  Well done!

You can access the entire document at:
http://www.ebaa.org/documents/document/20180320095655-ebaa_economic_report_2017_compressed.pdf

Meanwhile here are 5 findings that we found particularly interesting:

  1. 31% of city pairs analyzed are not connected by any direct commercial flight.  That means there is an enormous number (25,280) of city pairs where connections wouldn’t be possible without business aviation.  What an outstanding opportunity for our industry.  Whether it’s aircraft management, charter or crew recruitment Europe offers growth for both large and small providers.
  2. There are almost 93,000 employees working in the European Business Aviation sector. That’s up 6% versus 2014.  More than half of them are working in Operations of which the greatest growth (+51% versus 2014) is in FBO/Handling jobs.  Regardless of the segment, the industry is growing in all areas of direct job creation including Aircraft Operators, MRO and Aircraft Manufacturers.  Ours is an industry that benefits every country in the sector.
  3. Individual productivity of travelling employees is increased by an average of 153 minutes. This is of course in comparison to productive work time on a commercial flight. To be honest, we thought this one would be higher, but at any rate it demonstrates value and efficiency. That is if the employees actually choose to be working while flying, which based on our observations isn’t always the case.
  4. Business Aviation represents an optimized travel option resulting in a more environmentally friendly model.  This is one item we would not have automatically thought of, but it makes sense.  The argument is that because business aviation requires fewer connections and experiences fewer delays it contributes only 2% to the overall aviation industry’s emissions. A nice fact to relay to passengers we think.
  5. The most common aircraft in service differs from region to region. This proves there’s room for every type of aircraft and that the mission defines the equipment. The PC-12 NG is certainly popular though.  In the end, we love planes and we just found it fun to know! Here’s the list:

 

Austria – Challenger 300
Belgium, Finland, Czech Republic, Luxembourg, Poland, Switzerland – PC-12 NG
Bulgaria – Avanti II
Croatia CJ2
Denmark and Cyprus – Falcon 7X
Estonia – Jetstream 31
France – TBM-700A
Germany – Learjet 35A
Greece – Cheyenne II
Hungary – Beechjet 400A
Iceland, Norway and Sweden – KingAir B200
Ireland – Learjet 45XR
Italy – Avanti
Latvia – Legacy 650
Lithuania – Hawker 800XP
Malta – Global 6000
Netherlands – Jetstream 32
Portugal – Citation XLS
Romania – Citation V
Slovakia – Premier IA
Slovenia – Citation Excel
Spain – Citation II
United Kingdom – Citation Mustang

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