“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Business Aviation Accident Stats Show a Mixed Picture
Business aviation accidents and incidents declined from 60 in 2006 to 56 in 2007, but fatal accidents involving U.S.-registered business jets and turboprops increased to 18 from 17, according to the latest annual report by aviation safety analyst Robert E. Breiling Associates. Fatalities also increased, from 38 to 53. These numbers include 31 Part 135 charter accidents last year (10 fatal accidents and 27 fatalities), compared with 21 accidents the year before (seven fatal accidents and 10 fatalities).