Employers across the country strive to increase the productivity of their employees. The use of an aircraft could allow you to make more effective use of your time. Instead of wasting several hours driving to a destination, the same trip could be accomplished in much less time by using a general aviation aircraft. If the time you save can be further maximized by avoiding the costs and time associated with traveling commercially, the benefit is multiplied. Business aircraft are often called time machines, because business aircraft users can accomplish more in one day than others can in several days. The use of personal aircraft can allow you to visit multiple cities in one day and do so in a more efficent and comfortable way.
COST SAVING FOR CORPORATES
As a result of increased productivity, there can be a measureable decrease in travel expenses for people flying their own aircraft on business, as compared to traveling commercially or even by car. If you are traveling to a location not serviced by airlines, or to a destination that would require multiple stops with an airline, the savings can be significant. Many times, it is assumed that the use of general aviation will be more expensive than other forms of travel, but by significantly shortening the trip, the cost benefit of this mode of travel can quickly become apparent, particularly when the cost of time, hotels and food are factored in. In addition, many companies do not take into account the cost of an employee’s lost productivity while traveling. While they might think they are saving money by putting you on an airline flight, they may actually be costing themselves more money. If the airline flight requires you to spend most of a day traveling to the destination, then another day traveling back home, the cost of those two days of lost productivity can easily eclipse the perceived cost savings of using the airline
COST SAVING FOR OWNERS
For employee pilots who own their own aircraft, there are financial benefits to using your aircraft on business. If you are able to have your employer reimburse you for flights that you have made on their behalf, you may be able to offset your operating costs. Aside from reducing your direct operating costs, there may be potential tax benefits to using your aircraft for business as well.