Our latest research for Airbus Corporate Jets reveals a growing trend of US family offices using their business aircraft for philanthropic missions 🛫 Thanks to Corporate Jet Investor for sharing these insights. Read more here - https://lnkd.in/gMZnwFd6 #MarketResearch #MRX #DataAndInsights #ConsumerInsights #PhilanthropyInTheSkies #BusinessAviation #HumanitarianMissions #AviationForGood
One Minute Week: Charity begins … in North American skies More business aircraft are being used for charitable and humanitarian purposes, reveals new research commissioned by Airbus Corporate Jets. The manufacturer commissioned the independent research company Pureprofile to survey 100 senior executives at large US family offices whose organisation has on average $3.35bn of assets under management. More than three-quarters (77%) of respondents report supporting local or national charities by providing them with some access to their aircraft. Nearly half (44%) support the US cancer charity Corporate Angel Network (CAN). Over 75% of family office managers expect their business aircraft to be used more to support good causes over the next three years. And 9% predicted the use of their business aircraft for good causes would increase significantly while 67% expected it to rise slightly. The main reason for flying humanitarian missions is family offices’ growing focus on philanthropy. And when it comes to deploying business aircraft to help people in distress, there’s no shortage of opportunity. Only this week, the National Business Aviation Association (NBAA) activated its Humanitarian Emergency Response Operator (HERO) database in the aftermath of the devastating Hurricane Helene. The database is designed to help mobilise business aviation to support relief efforts across the Southeastern US. “Business aircraft have long played an essential role in providing relief for people and communities in need in times of crisis,” said Doug Carr, NBAA senior vice president, safety, security, sustainability and international operations. Less dramatic, but no less significant to the people concerned, are business aircraft used to transport patients hundreds, sometimes thousands, of miles for life-saving medical treatment. Cancer charity CAN relies on turboprop and jet business aircraft for the free transportation of cancer patients and their carers to specialised medical centres. Robert Stangarone, the charity’s new president and CEO tells CJI: “Business aircraft operators’ growing interest in using their aircraft for charitable and humanitarian purposes is a positive trend that will further demonstrate how companies give back by helping people going through some of the most trying times of their lives.” Uncovering the true extent of humanitarian flights can prove challenging. Not everyone may be willing to acknowledge their participation. As Mike Stengel Mike Stengel, principal of Aerodynamic Group Advisory tells CJI: “Revealing that you have a business jet, especially one as large as an ACJ or BBJ, can lead to backlash even if your intentions are good. Many owners might elect to keep a low profile.” Read the full story - including what deters family offices from flying charity missions - via the link. tinyurl.com/26p5bzse #OneMinuteWeek #businessaircraft #businessjets #charityflights #disasterrelief #hurricanehelene #privatejets