Nexa To Conduct Fourth Bizav Study for NBAA
NBAA has commissioned from Nexa Advisors a fourth installment in a series of studies that analyze the value of business aviation. This new study, which will examine how companies that use business aviation fared during the recent economic downturn, will be completed in time for the NBAA Convention, to be held October 30 through November 1 in Orlando, Fla.
“My expectation is that the companies that have survived and in some cases thrived during the downturn will probably be those that realize that this was a critical tool in their tool chest and they used it wisely,” NBAA president Ed Bolen told AIN.
Nexa released the third study in the series last month, Government Use of Aircraft: A Taxpayer’s Value Perspective, which concluded that business aircraft provide strong returns on an organization’s investment in the asset. “We now know as a result of our most recent study that what’s true for private industry is true for governments as well,” said Bolen. “These airplanes are enablers, the more you use them, the more benefits you realize, the more value you realize, either for shareholders or taxpayers.”
The two previous studies released in 2009 and 2010 examined business aviation’s value in S&P 500 and S&P Smallcap 600 companies and demonstrated that users of business aviation outperformed non-user businesses by a wide margin.