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Philip Bouchard

The Cost of High Flying Cell Phones

The FCC recently voted 3-2 to allow cell phones on airplanes. However, popular resistance to this idea reminds us that air travel, especially for business people, is extremely important time.  TrustedPeer Expert Pete Agur offers many reasons for business to consider what aviation means to them.

  • Time is rigidly inelastic and completely perishable. It is the most constrained resource you have.  Wasted time is your enemy.  It kills deals. 
  • You save at least three hours, door-to-door, for every place you go, in comparison to traveling on the airlines.  And you can go to more places in a day and work en route, in a secure environment. 
  • The decision to consider business aviation has nothing to do with flying.  It is all about getting things done.  You can be conservative and continue to live with the consequences of losing time to commercial travel and getting less done each week, or you can do what 90 percent of Fortune 500 companies do and use business aviation.
  • The airlines continue to consolidate, which reduces your options and increases your costs.  They also continue to adjust their sales and operating models seeking to improve efficiencies and revenues.
  • Business aviation makes opportunity.  Opportunities lie in small, out-of-the-way places in Latin America, Asia, and Eastern Europe.  It could take you a week to get to and from some of these spots on the airlines.  Senior executives simply wouldn’t go there if they could not get in and out quickly and safely.

We think Pete makes the case for considering business aviation.  Others would call him elitist and the use of business aviation an abuse of corporate power and money.  What do you think?

 

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