Business Airport International
  • News
    • Accreditation
    • Aircraft
    • Airports
    • Charter
    • Construction
    • FBOs
    • Fuel
    • IT & Software
    • MRO
    • Partnerships
    • Passenger Experience
    • Sustainability
    • Technology
  • Features
  • Online Magazines
    • March / April 2025
    • Dec 2024 / Jan 2025
    • October 2024
    • July 2024
    • March / April 2024
    • Dec 2023 / Jan 2024
    • September / October 2023
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Videos
  • Supplier Spotlight
  • Surveys
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube X (Twitter)
LinkedIn YouTube
Subscribe to Magazine Subscribe to Email Newsletter Media Pack
Business Airport International
  • News
      • Accreditation
      • Aircraft
      • Airports
      • Charter
      • Construction
      • FBOs
      • Fuel
      • IT & Software
      • MRO
      • Partnerships
      • Passenger Experience
      • Sustainability
      • Technology
  • Features
  • Online Magazines
    1. March / April 2025
    2. Dec 2024 / Jan 2025
    3. October 2024
    4. July 2024
    5. March / April 2024
    6. Dec 2023 / Jan 2024
    7. September / October 2023
    8. July 2023
    9. Archive Issues
    10. Subscribe Free!
    Featured
    2nd April 2025

    In this Issue – March / April

    Online Magazines By Paige Smith
    Recent

    In this Issue – March / April

    2nd April 2025

    In this Issue – December / January 2025

    19th December 2024

    In this Issue – October 2024

    10th October 2024
  • Opinion
  • Videos
  • Suppliers
    • Supplier Spotlight
    • Press Releases
  • Surveys
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube
Business Airport International
Features

Why do airports need to invest in business aviation?

Opinion WritersBy Opinion Writers25th September 20174 Mins Read
Share LinkedIn Twitter Facebook Email

Investing in general as well as business aviation facilities will yield higher, more lucrative traffic, and could help turn an airport in to a business aviation destination, reports Kathryn B Creedy.

Investing in general and business aviation facilities will yield higher, more lucrative traffic, said Adam Twidell, CEO at PrivateFly, to assembled airport and government representatives during the recent Caribbean aviation meetup in St. Maarten. Such investment will also help make an airport a business jet destination, he claimed.

“We’ve found high net worth individuals return again and again to the same destination,” said Twidell. “We’ve also found that they are strong advocates and actually attract other private jet users to that destination because they like to go where there are other private jet users. So, not only are you attracting high net worth individuals, but they in turn attract other high net worth individuals.”

While commercial aviation may provide the most lift to Caribbean markets, it does not make the same economic contribution.

“I want to make a case for investing in private aviation,” Twidell said. “Private aviation brings in more than US$1bn per year in additional spending to a destination, with a single jet providing an additional US$69,000 in spending. This is why you want to become known as a private jet destination – these are global travelers with deep pockets, but you have to know what is needed to cater to the private jet user.”

Twidell pointed to the experience of the island of Ibiza, which concluded it couldn’t solely rely on low-cost passengers. A decade ago, it launched a program to attract high net worth individuals and decided to invest in excellent FBO facilities. Today, it has enough business to occupy three FBOs including Ibizair, ExecuJet and SkyValet, and moved into the top 25 destinations in Europe, attracting higher spending travelers who are building bigger villas and starting businesses.

He explained that such passengers want privacy and to have that, they want to control their environment – it is not enough to just have a runway. Destinations need to invest in fixed-base operations with 24/7 service and customs and immigration.”

Twidell also covered the trends in private aviation: “The average age of users is relatively young at 41 and unfortunately still largely male, but 10% are traveling with children and combining business and leisure activities with their company paying for part of the trip and the traveler paying for the rest.

“The average load has also increased to four passengers. Private jet fliers breed success or perhaps success breeds more private jets usage. Either way 95% of Fortune’s most admired companies are business aviation users and 86% of those companies are among the best places to work.”

He also noted 80% of private flying is on propeller aircraft, popular alongside small and medium jets, with the number flying on global jets relatively small. However, the size of the aircraft in use is now growing along with the length of missions.

“We are also seeing a trend toward multi-generational trips, where grandparents are taking their grandchildren on holiday but need to avoid the commercial airport experience,” said Twidell. “Private aviation users are cash rich but time poor, which means they prize flexibility. We are seeing a rise in the number of travelers wanting to go to remote destinations and have unique experiences that could be threatened with change as they become more popular. Cuba is a good example of that.

“Travelers want to save time and avoid the hassle and be closer to their destination, using airports which minimize ground transfer. They want to book and fly more quickly. One third of bookings fly within two days of booking, with the balance flying within the week – the amount they are paying has risen 26% this year.”

Twidell also noted that private aviation works well with airport operations since it tends to provide additional income, and arrive and depart, during commercial aviation troughs.

Share. Twitter LinkedIn Facebook Email
Previous ArticleTAG Aviation names new customer support director at Farnborough
Next Article In this Issue – October 2017
Opinion Writers

Share your comments by sending up to 500 words to helen.norman@ukimediaevents.com

Related Posts

Unpacking the challenges operators face in navigating tax rules
Features

A look at the complexities of business aviation taxation and regulatory compliance

13th May 20259 Mins Read
Features

A look at Malaysia’s emergence as a business aviation hub in the Asia Pacific region

2nd May 20258 Mins Read
Features

How IS-BAH IS transforming ground operations

29th April 20259 Mins Read
Latest Posts

EBACE 2025: David Buritica, Signature Aviation

22nd May 2025
BBGA is the first European national association to join the advocacy initiative

BBGA joins CLIMBING. FAST.

22nd May 2025
Jet Aviation has completed a full renovation of its FBO in Rotterdam, the Netherlands

Jet Aviation completes renovation of Rotterdam FBO

22nd May 2025
Partner Content
Johanna Echeto, general manager, LZU

Q&A: Johanna Echeto, general manager, Sheltair, Gwinnett County Airport

29th April 2025
Supplier Spotlights
Our Social Channels
  • YouTube
  • LinkedIn
Getting in Touch
  • Subscribe to Magazine
  • Meet the Writers
  • Contact Us
  • Media Pack
Related Topics
  • Aircraft Interiors
  • Air Traffic Technology
  • Aerospace Testing
  • Business Jet Interiors
FREE WEEKLY NEWS EMAIL!

Get the 'best of the week' from this website direct to your inbox every Tuesday


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.