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The use of private air travel for business trips has expanded rapidly over the past few decades. We estimate that the number
of U.S. domestic passenger trips per year on business aircraft exceeded 17 million in 2007, or a number equal to about 40
percent of combined domestic first-class, business-class, and full-fare coach airline trips—travel options for which passengers
also pay a premium for timeliness, comfort, or privacy. Once a company determines that it can benefit from private business
travel, it generally identifies the most cost-effective option, including the operating characteristics of the aircraft and
the options for obtaining this service. This paper examines some of the factors that influence decisions on these options,
with particular emphasis on the financial and program alternatives that are making it less costly for business travelers to
take advantage of private jet travel, thereby expanding its use. Our findings indicate that the customary view of these options
is oversimplified and ignores the new ownership (or non-ownership) models for obtaining use of a business aircraft. 相似文献
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