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Private Air Fleets Propel Business Travel Growth
Private fleets, from small Lowell firm to General Motors, shuttle executives and goods, slashing travel time. Postwar surplus planes boost access to 10 times more communities at five times speed. NBAA cites 7,100 business aircraft with professional pilots. Accidents and insurance shape corporate flying rules. Oil firms like Standard Oil, Socony Mobil, and Aerojet-General run sizable fleets, with Aerojet logging 41,470 passengers last year.
MENTIONED IN THIS ARTICLE
New York
James Derderian
32Employe Merrimack Wood Products Co
Lowell
Mass
General Motors Corp
Aero Commander
Beech
Cessna
Champion
Mooney
Piper
United States
National Business Aircraft Association
NBAA