A study commissioned by Airbus Corporate Jets indicates that the business aviation sector is projected to contribute approximately $182.8 billion to the U.S. economy within five years, up from around $150 billion currently. The research highlights the role of business aviation in connecting thousands of communities, given the limited commercial airline service at most of the nation’s 5,000 public-use airports.
Additionally, a significant majority of private jet financiers and brokers foresee an increased emphasis on the sector’s contributions to humanitarian efforts, with many executives of large corporations expressing openness to utilizing their aircraft for philanthropic purposes.
Airbus Corporate Jets also noted that surveys reveal that 89% of senior executives at large U.S. corporations expect the use of sustainable aviation fuel (SAF) in business aviation to increase over the next five years, with 56% predicting a significant rise. SAF, a biofuel that can reduce CO2 emissions by up to 80% over its life cycle when compared to standard jet fuel, is gaining traction as the industry focuses on sustainability.
According to the survey, 90% of executives believe greater use of SAF will drive an increase in private jet usage, with nearly half anticipating a dramatic rise. As SAF becomes more accessible and affordable, 87% expect an overall boost in business aircraft sales.
Airbus Corporate Jets noted the company’s efforts to increase the use of SAF in its operations, targeting 15% of its global fuel mix by the end of 2024 and at least 30% by 2030. The company is working with airlines, airports, SAF producers, and research institutions to advance the SAF ecosystem and push for broader certification and adoption.
"SAF is truly a game changer for aviation, and our research shows it could support future growth in the business aviation sector," said Chadi Saade, president of Airbus Corporate Jets, adding, "All Airbus commercial aircraft and helicopters will be capable of operating with 100% SAF by 2030."
A study commissioned by Airbus Corporate Jets indicates that the business aviation sector is projected to contribute approximately $182.8 billion to the U.S. economy within five years, up from around $150 billion currently. The research highlights the role of business aviation in connecting thousands of communities, given the limited commercial airline service at most of the nation’s over 5,000 public-use airports.
Additionally, a significant majority of private jet financiers and brokers foresee an increased emphasis on the sector’s contributions to humanitarian efforts, with many executives of large corporations expressing openness to utilizing their aircraft for philanthropic purposes.
The ACJ TwoTwenty, which made its debut at NBAA-BACE 2023, offers twice the cabin space of similarly priced ultra-long-range jets while achieving market-leading fuel efficiency and significantly lower operating costs. With a range exceeding 5,600 nautical miles, the ACJ TwoTwenty can accommodate long-distance travel between major city pairs.
A recent study commissioned by Airbus Corporate Jets reveals that 89% of senior executives at large U.S. corporations expect the use of sustainable aviation fuel (SAF) in business aviation to increase over the next five years, with 56% predicting a significant rise. SAF, a biofuel that can reduce CO2 emissions by up to 80% over its life cycle when compared to standard jet fuel, is gaining traction as the industry focuses on sustainability.
According to the survey, 90% of executives believe greater use of SAF will drive an increase in private jet usage, with nearly half anticipating a dramatic rise. As SAF becomes more accessible and affordable, 87% expect an overall boost in business aircraft sales.
Airbus is leading efforts to increase the use of SAF in its operations, targeting 15% of its global fuel mix by the end of 2024 and at least 30% by 2030. The company is working with airlines, airports, SAF producers, and research institutions to advance the SAF ecosystem and push for broader certification and adoption.
"SAF is truly a game changer for aviation, and our research shows it could support future growth in the business aviation sector," said Chadi Saade, president of Airbus Corporate Jets, adding, "All Airbus commercial aircraft and helicopters will be capable of operating with 100% SAF by 2030."