
Study: Canadian Firms Using Bizav Outperform Non-users
In Canada, business aviation users on average outperform non-users by 43 percent in revenue growth.
According to a new study of 60 high-grossing companies in Canada, business aviation users on average outperform non-users by 43 percent in revenue growth. The study, by Nexa Advisors, also found that business aviation users could expect to improve earnings before interest, taxes, depreciation, and amortization (EBITDA) at a 50 percent higher rate than non-users.
Additionally, the report contends that business aviation users are almost three times as efficient as non-users at both using equity capital to generate income and increasing productivity of assets. The report’s results mirror the findings of similar studies done by Nexa for the National Business Aviation Association.
Toering said CBAA is using both reports to “connect with leaders and influencers across Canada to increase their awareness of the value of business aviation to Canadians and to ensure regulations and policies do not damage this important aviation sector.”