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Private jet use rises as businesses see ROI amid return-to-office trend

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Private jet use rises as businesses see ROI amid return-to-office trend
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Over recent years, the use of private jets by businesses has grown substantially. It is estimated that in 2024, private jet usage increased by over 30% compared to 2019. This growth is largely due to companies utilizing their aircraft for business executives as employees return to office settings. According to Travel Perk, more than 75% of corporate employees now work in offices three to five days a week, leading to more in-person meetings and a corresponding rise in private jet flights.

Joel Thomas, President of Stratos Jets, commented on this trend's impact on business travel: "The surge in employees returning to the office is causing a notable rise in private flights for same-day round trips and multi-stop roadshows, indicating businesses are traveling for in-person meetings."

The return-to-office movement has reportedly helped companies achieve better returns on investment (ROI) from their private jets. Thomas explained how these flights contribute to ROI: "Businesses see substantial returns on their investments in private flights with cost savings through travel efficiencies and the ability to attract and retain top revenue-driving talent." He noted that direct travel leads to significant time savings and reduces costs associated with layovers or commercial flight disruptions.

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Thomas also emphasized benefits beyond financial gains: "Flying business executives on private aircraft encompasses time savings, enhances productivity, and encourages strategic advantages." This includes fostering relationships through face-to-face meetings and enabling quick responses to opportunities, which can enhance competitiveness. Thus, for many companies, private aviation remains a vital tool.

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