Business aviation market in the United States - statistics & facts
The business aviation market consists in the use of any general aviation aircraft for a business purpose. A business aircraft is one designed for transporting small groups of business people for commercial reasons at a time convenient to their needs. Business aircraft may be adapted for other roles such as, evacuation of casualties or express parcel deliveries, and are also used by public bodies, government officials or by the military. Starting in France around the 1950s, firms and government regulations supported the development of the business aviation industry further. Given the increasing economic coordination in the aftermath of 1950s, the need for high productivity of entrepreneurs to facilitate business success became more crucial. The opportunity to travel to places not served by commercial aviation made business aviation more appealing as firms expanded their operations. The United States has by far the largest market in the world, with almost 21,900 business aircraft in 2019. By contrast, in that year there were 4,159 business aircraft in all of Europe.
