The economic and societal benefits of Business Aviation in Europe today


Business Aviation is a Time Machine

Business Aviation connects distant and remote regions, spurring investment and the growth of business across Europe. The industry acts as an enabler for regional and national economic development.

For companies, time flies

Business Aviation provides tangible, valuable benefits to Employers, Employees and Customers/Clients.

Across all European point-to-point flight routes, when compared with the fastest commercial transportation alternative, Business Aviation flights save an average of 127 minutes. And although certain long-haul flights (where the flying time is greater than four hours) might be faster with commercial jets due to their higher ground speed, about 20% of Business Aviation flights result in more than five hours of time saved than their best commercial alternative due to delays avoided and time saved in airport procedures

For multi-trip Business Aviation itineraries (where Business Aviation users visit more than one destination in a given day), Business Aviation saved European businesses approximately €15 million in avoided overnight hotel nights per year. Moreover, on average, the productive work time for each employee utilising Business Aviation is increased by around 153 minutes per trip (representing an increase of about 150%) when compared with the productive work time available on a commercial flight.

For career-seekers, time is money

The Business Aviation sector contributes directly to European Employment, Output, Gross Value Added and Salaries. The industry consists of many small stakeholders, such as aircraft operators, fixed-base operators (FBOs) and maintenance firms, as well as larger stakeholders, such as aircraft manufacturers, who produce a wide range of products for both Business Aviation and Commercial Aviation.

A total of some 374,000 European jobs are either directly or indirectly dependent on the European Business Aviation industry – a number exceeding the total number of jobs in Cyprus. This high-tech, innovative and dynamic industry represents €87 billion in Output, €32 billion in Gross Value Added, which equals the total GVA of Latvia, and €25 billion spent in Salaries.

For communities, time heals

It should be noted that while the connectivity Business Aviation provides is fundamentally important to the European economy, this connectivity also provides significant societal benefits, such as allowing air ambulances and medical evacuations in remote regions of Europe. This enables important services to society by ensuring that critically ill or injured patients or organs can be transported quickly and safely between medical centres, even to and from the most remote locations.

Flexibility and speed are key here, which makes the option that aircraft are available 24/7 and can be dispatched within 1 to 1.5 hour notice invaluable. Business Aviation operators can mobilise specialist medical teams as required, which can include experts in the fields of cardiology, paediatrics, neo-natal and intensive care.

Aircraft are typically equipped with the most advanced medical technology and can be adapted to suit the needs of a patient. This includes carrying infant incubators or intensive care equipment.

Based on EBAA data, about 12,000 ambulance flights are operated each year in Europe, which is about 30 such flights per day and represents 2% of all Business Aviation flights. The European airports with the highest number of ambulance departures are Zurich, London Oxford, Le Bourget and Biggin Hill.