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Business Travel, Meetings, and Spend Management

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• Business Jet Market

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Business Jet Market Size, Share & Industry Analysis, By Business Jet Type (Light Business Jet, Medium Business Jet, and Large Business Jet), By System (Propulsion System, Aero structure, Cabin Interiors, Avionics, and Others), By End-User (Operators and Private), By Owner (Pre-owned and New Deliveries), and Regional Forecast, 2024-2032

Last Updated: April 23, 2024 | Format: PDF | Report ID: FBI101585

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KEY MARKET INSIGHTS

The global business jet market size was valued at USD 43.97 billion in 2023 and is anticipated to grow from USD 45.9 billion in 2024 to USD 66.97 billion by 2032, exhibiting a CAGR of 5.4% during the forecast period.

WE ARE IN THE PROCESS OF REVAMPING Business Jet Market WITH RESPECT TO RUSSIA-UKRAINE CONFLICT

A business jet is designed to transport small groups of people. Recently, there has been exceptional growth in high-net-worth travelers generating a high demand for private aviation and procurement of enhanced business aircraft sales worldwide. Additionally, fleet modernization programs by developed and emerging economies are anticipated to improve fleet capabilities and generate demand for new charter services with enhanced cabin interiors and advanced avionics .

A key trend to sustain in the market is the implementation of better interiors and technology equipment in aircraft. This includes using advanced safety features, fighter technology, and innovative flight deck in corporate jets. Furthermore, key market players are focusing on launching advanced private jets to provide customers with an unmatched experience with all safety features. For instance,

• In May 2021, Dassault Aviation, a military and business aircraft manufacturer headquartered in France, introduced Falcon 10X, featuring industry's largest cabin and latest technology equipped on a corporate jet. The Falcon 10X is expected to provide unrivaled passenger comfort on long and short-haul flights, and ground-breaking safety measures derived from Dassault's frontline fighter technology.

During the COVID-19 pandemic airport operations were completely stopped subsequently leading to a strong decline in the demand for business jets. However, as the number of cases declined, airport operations were resumed and a huge growth in the number of passengers has been observed after two years of pandemic. This growth is expected to drive the market demand in the forecast period.

Business Jet Market Trends

Increasing Use of eVTOL jets Bolster Market Growth

The emergence of electronic transport mediums has led to a need to adapt sustainable air travel methods. The same can be observed with the increased use of eVTOL technology-equipped jets. eVTOL refers to Electronic Vertical Takeoff and Landing aircraft, a next-generation aircraft that is sustainable, quiet, and safe to travel. The demand for eVTOL is anticipated to grow in the forecast period with an increase in the awareness and use of eco-friendly ways of travel. Additionally, the rising purchasing power of personnel and a subsequent rise in frequent travel is expected to boost the eVTOL market in the forecast period. For instance, in December 2022, the creator of eVTOL, AIR, completed their first complete flight succeeding in proper transition in cruise and hover. The AIR ONE prototype is loaded to a full capacity of about 1100Kgs.

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Business Jet Market Growth Factors

Increase in Purchasing Power and Net Worth of Individuals and Increased Air Travel to Accentuate Market Growth

A continuous increase in air travel in developing and developed countries is anticipated to increase demand for new airports in major countries. This is due to a rise in individuals' overall net with and purchasing power in a post-pandemic scenario. The economy is gradually flourishing and returning to the pre-pandemic situation, leading to a rise in people's net worth, hence growing market for corporate jets.

Furthermore, growing urbanization in Asia and increasing demand from countries like India and China propel the market's growth. The rising demand for advanced business aircraft from millionaires and the thriving aviation sector drive the market's growth. Additionally, as the economy reopens after the pandemic, business-related travel has resumed, leading to an overall accentuation in market growth. Increased demand for appropriate jet interiors and associated services will boost the market in the forecast period.

For instance, in January 2024, Adani Group, an Indian multinational company, announced that it had purchased six business jets. The jets were Pilatus PC-24 and the contract was worth USD 36.29 million.

Increase in Refurbishment of Pre-Owned Aircraft and Emergence of OEM Market Players Drive Market Growth

An increased number of pre-owned aircraft renewed as corporate jets and an increase in the number of original equipment manufacturers in the business aircraft market are anticipated to grow in the forecast period. Introducing new models in the existing fleet drives the growth of the global business aircraft market. According to the data from GAMA, the General Aviation Manufacturers Association, the deliveries of corporate jets increased statistically by over 12% in the first half of 2019. Due to their advantages, the demand for new models such as Pilatus PC-24, Cirrus SF50 Vision, and Gulfstream G500 is maximum. With a growth in purchasing power, many business jet buyers have started demanding customized interiors.

• For instance, in October 2023, Boeing Business Jets, a business jets segment of The Boeing Company, unveiled a premium cabin selection for its range of Boeing VIP Jets. The premium cabin selection is available for BBJ 737-7 at a fixed price.

The emergence of new market players is expected to grow the market positively. Furthermore, advancements and customized aircraft refurbishment are significant drivers for the market. Key market players are involved in customized corporate aircraft-making for customers, leading to the personalization of the aircraft according to the customer.

RESTRAINING FACTORS

Cost of Procurement to Limit Market Growth

Procuring private jets is costly and time-consuming and isn’t affordable for the general public. Only people with high purchasing power and net worth, such as big business owners and celebrities, can afford private jets. Customization of pre-owned aircraft adds to the overall cost since it involves general maintenance and repair and additional costs of new interiors. Additionally, numerous government procedures are involved in procuring a private jet, which takes processing time. Hence, despite growing demand and technological advancements, the cost and time for procuring a business aircraft limit the business jet market growth to a certain limit.

Business Jet Market Segmentation Analysis

By business jet type analysis.

Large Business Jet Share Accounted for the Largest Market Share, Owing to Increased Business Travel

The type is segmented into light, mid-size, and large business aircraft.

The large business aircraft segment accounted for the highest market share, owing to the strong demand for business travel after the pandemic. In a post-pandemic scenario, when all air travel has been resumed, companies and the global economy have started to return to growth patterns leading to a subsequent rise in air travel for business.

The light and medium corporate jet segments held significant market shares and are projected to grow at a steady CAGR owing to high availability and comparatively lower procurement cost than large private jets. 

By System Analysis

The Presence of Major Market Players to Boost the On-Demand Segment Growth  

Based on the system, the market is divided into propulsion system, aero structure, cabin interiors, avionics, and others.

The propulsion system segment will dominate the market during the forecast period. This growth can be attributed to the rising demand for new business aircraft in countries such as China, UAE, and the U.S. Additionally, the growth is also owing to the rise in many private jet service providers in developed and emerging economies.

The cabin interiors segment is expected to grow significantly during the forecast period due to the demand for MRO services and aircraft modernization programs.

• For instance, in November 2023, Soisa Aircraft Interiors, a Mexico-based aircraft interiors company, announced the expansion of its Dubai facility in United Arab Emirates (U.A.E.). The new facility has quadrupled in size, featuring specialized production lines with dedicated units for dress cover lamination, curtains, and cutting areas.

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By End-user Analysis

Increasing Net Worth of Individuals to Increased Demand for Private Segment

The end-user segment is classified into operators and private end users.

The operator segment dominated the market in 2023. The increase in fleet modernization and demand for private jet operators across North America and Europe drive the segment's market growth.

The private segment is anticipated to increase during the forecast period. This is due to the increasing demand for private jets from high-net-worth individuals and corporate companies.

By Ownership Analysis

Preowned segment to Hold Dominance in Forecast Years Owing to Increased Demand for Renewed Aircraft

The market is divided into preowned and new deliveries based on ownership. The pre-owned segment accounted for a higher market share owing to the historical availability of preowned aircraft. Additionally, a rise in the refurbishment of old aircraft as new private jets is anticipated to boost market growth in the forecast period.

Growth in net worth, purchasing power, and increased global business-related travel is expected to boost the market for the new deliveries segment from 2024-2032.

REGIONAL INSIGHTS

The market is segmented into North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.

North America Business Jet Market Size, 2023 (USD Billion)

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North America dominated the business jet market share in 2023 and was valued at USD 19.71 billion. The growth in this region is due to the presence of major key players, the largest fleet size, rising demand for electric aircraft, and availability of required infrastructure propelling the corporate aircraft market growth across the region. The growing demand in the U.S. and Canada preliminarily drives the adoption of business aircraft in North America.

The Asia Pacific is projected to show remarkable growth during 2024-2032. The growth is due to the increasing development and investment of infrastructures by countries like Japan, India, and China. Additionally, the adoption of business aircraft in countries of the region is likely to drive the Asia Pacific region due to operators and service providers' increasing usage of aircrafts in these countries. Customers’ preference for corporate jets for the demanding long-range routes and due to other travel restrictions. Even in the global market, there has been the highest demand for large jets from the Asia Pacific market.

Europe will showcase significant growth from 2024 to 2032. This is due to a rise in leasing facilities, advanced technology-based aircraft and charter service providers and operators. Air Partner, Jetfly, NetJets Europe, and VistaJet are some of the prominent charter providers in Europe. Furthermore, due to changing flying behavior of passengers, the growth of private jets in the market has surged during 2023.

During the forecast period, the Middle East region is projected to witness constructive growth owing to high demand in large economies such as the UAE, Saudi Arabia, and Israel. Growing aviation emission rules have fueled the demand for private and newer aircraft. Furthermore, prominent high-net-worth individuals (HNWI) in the Middle East have positively impacted the market's demand-side dynamics. In contrast, the associated ownership benefits, such as evolving fractional ownership or private jet card programs, have been critical factors in promoting market growth.

The rest of the world will grow moderately from 2024 to 2032. The growth in this region is due to increased spending on procuring next-generation jets from Latin America and Africa. The rising budget and growing programs for modernizing fleets propel market growth.

List of Key Companies in Business Jet Market

Key Players Focus on Providing a Variety of Cost-Effective Services to Survive the Market

The market's competitive environment is highly fragmented due to several major players, such as Airbus SAS and the Boeing Company. These companies focus on providing best-in-class corporate jets. Moreover, jet manufacturers look forward to producing technologically advanced hybrid engines and establishing solid partnerships with emerging economies.

List of Key Companies Profiled:

• Airbus SAS (Netherlands)
• The Boeing Company (U.S.)
• Bombardier (Canada)
• Dassault Aviation (France)
• Embraer SA (Brazil)
• Gulfstream Aerospace Corporation (U.S.)
• HondaJet (U.S.)
• Textron, Inc. (U.S.)
• Aviation Aircraft (Israel)
• XTI. Aircraft (U.S.)
• Zunum Aero (U.S.)
• Joby Aviation (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• December 2022 – The Indian government has unveiled the new operation of the luxury business jet terminal at Kochi, Kerala. The main attraction of the terminal is the shortest car-to-aircraft distance since the distance from the car porch to the airside is about 100 meters. After completing security check-in and immigration formalities, a passenger can reach the aircraft within two minutes.
• December 2022 – Gulfstream Aerospace Corp., along with Rolls Royce, to conduct an OEM test flight of a business jet powered by sustainable aviation fuel. The aircraft is said to be of ultralong range and twin range, and the test flight took place in the headquarters of Gulfstream.
• July 2022 – Dassault Aviation selected IAI (Israel Aerospace Industries) to produce and design all-composite wing movable surfaces for long range Falcon 10X business jet. The IAI is expected to progress the design phase of wing movable surfaces and support in the meeting high demand for the new aircraft.
• April 2022 – Textron Inc., a US-based aircraft industry company, acquired Pipistrel for USD 235 million. With this acquisition, Textron aims to expand its manufacturing and product development capabilities and make Textron a global leader in sustainable aircraft. Pipistrel will be operated under Textron’s new business segment called Textron eAviation. Pipistrel is a Slovenia-based light private electric aircraft manufacturer.
• September 2021 – Gulfstream Aerospace Corp. launched a new ultra-long-range plane, which is also said to be the world’s largest purpose-built business jet and is called G700. The new private jet is said to be costed at 75 million USD. The aircraft can accommodate a full-size bed, shower, and five living spaces for up to 19 passengers.

REPORT COVERAGE

The report provides detailed information on the market and focuses on aspects such as service types, airport types, infrastructure types, and key players. In addition, market research reports provide insights into corporate jet service trends, competitive environment, market competition, product prices, and market conditions, focusing on key industry developments. In addition to the above factors, it contains several factors that have contributed to the sizing of the global market in recent years.

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Report Scope & Segmentation

Frequently asked questions.

Fortune Business Insights stated that the global market size was valued at USD 43.97 billion in 2023 and is anticipated to grow to USD 66.97 billion by 2032.

Registering a CAGR of 5.4%, the market will exhibit rapid growth during the forecast period of 2024-2032.

The pre-owned segment will dominate this market during the forecast period.

The Boeing Company and Airbus S.A.S are the leading players in the global market.

North America dominated the market in terms of share in 2023.

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• STUDY PERIOD: 2019-2032
• BASE YEAR: 2023
• HISTORICAL DATA: 2019-2022
• NO OF PAGES: 250

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The global business jet market size is anticipated to grow from $45.9 billion in 2024 to $66.97 billion by 2032, at a CAGR of 5.4%

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• Corporate Finance

Corporate Business Travel: Everything You Need to Know

Katie Miller is a consumer financial services expert. She worked for almost two decades as an executive, leading multi-billion dollar mortgage, credit card, and savings portfolios with operations worldwide and a unique focus on the consumer. Her mortgage expertise was honed post-2008 crisis as she implemented the significant changes resulting from Dodd-Frank required regulations.

Corporate business travel involves the movement of individuals representing their organizations for work-related reasons. Whether it’s attending client meetings, industry conferences, or sealing business deals, this practice covers a range of activities essential for professional growth.

In the interconnected global business environment, where face-to-face connections matter, corporate business travel plays a central role in sustaining and expanding enterprises across borders. Businesses face challenges in optimizing this crucial element of their operations. Strategic considerations must be taken into account to use this element of business to its greatest potential.

Key Takeaways

• Corporate business travel can unlock new opportunities for business growth, offering the possibility of reaching new markets, connecting with a wider pool of prospects, or developing brand presence and reputation.
• Traveling for business has many benefits for individuals as well, providing them the chance to meet fellow employees, grow their career by participating in different opportunities, and network within the industry, not to mention experience new destinations.
• Business traveler safety and security are top priorities during corporate travel.
• To ensure that travel goes smoothly and stays within budget, companies should implement corporate travel policies and best practices for employees traveling on behalf of the company.

Importance of Corporate Business Travel

There are many business-related reasons to travel. It can encourage team building, promote learning, offer different perspectives, provide connection to a wider network, open up new markets, and drive sales. And whether or not the trip is for a specific purpose (such as a conference or a retreat), the benefits for employees and companies alike can extend beyond the stated intent of the trip, building confidence, cultural competency, relationships, and company reputation.

Many employees consider the opportunity to travel for work a desirable job perk, as it can offer the chance to venture somewhere that they may not ordinarily go, or to have a trip paid for by their company. And although expenses are associated with travel from a corporate perspective, they may be well worth the return on investment in terms of potential leads or sales—plus, many travel expenses are tax- deductible .

Types of Corporate Business Travel

Corporate travel can take many forms, including the chance for employees and executives to attend events, such as meetings, conferences, industry networking sessions, and fairs. Or a trip may take advantage of educational opportunities such as training sessions, seminars, and workshops. Retreats and guided trips can make for valuable team-building time in new contexts that unlock different perspectives and strengthen working relationships.

Businesses may send their employees to a different location to network, sell, teach, learn from, or generally connect with external contacts or internal employees in regional offices, or to act on behalf of the company in some way.

Additionally, from a client perspective, business travel may occur as a form of due diligence , ensuring that your vendors or suppliers are legitimate, legal, and compliant organizations—for example, traveling for regular audits to confirm that what you think is happening at your supplier organizations is actually happening.

Creating a Corporate Travel Policy

From a company perspective, travel can be a challenge to administer and manage . Costs can easily balloon out of control; travel logistics can be time-intensive to arrange; employees traveling on behalf of the company must be granted a great deal of trust; and like any form of travel, business travel can open up risks to safety, security, and health.

No matter the size of the business or the frequency or complexity of travel, a corporate travel policy can be a helpful tool for any company to set expectations for its employees, communicate guidelines and processes, keep expenses within budget, and streamline booking and logistics.

In creating a corporate travel policy, companies might consider the following for both domestic and international travel, as applicable:

• Purpose(s) of travel
• Which employees are eligible to travel
• Booking and expense approval processes
• Risks and liabilities of travel and how to manage them
• Expectations for employee behavior, including acceptable and secure uses of technology, personal vs. leisure time, communication, and entertainment while traveling
• Eligible expenses for employees while traveling, including per diem rates if applicable
• Determine if employees will be reimbursed for their expenses or given a corporate credit card to use
• Financial tracking, record-keeping, and reimbursement processes
• Acceptable booking practices and costs, including preferred agents or vendors
• Travel insurance

Of course, policies must also be communicated and enforced to ensure compliance and fairness. Including a travel policy as part of a corporate handbook or reviewing it in an onboarding or training module can be a good way to ensure that all employees receive and understand the information. Making it easily accessible for future reference on a shared drive or company portal will encourage employees to refer to it often.

Business travel managers estimate, on average, that spending on domestic and international corporate travel is at 77% and 74%, respectively, of where it was before the COVID-19 pandemic.

Setting a Corporate Travel Policy

Corporate Business Travel Best Practices

There are many best practices that both employees and companies can keep in mind around corporate business travel to ensure that it is a successful experience. These encompass everything from administration and financing to employee behavior and well-being.

Booking Corporate Travel

Booking travel can be labor-intensive and time-consuming. To improve the booking process, save on costs, and streamline expense reporting, it can be helpful to designate preferred travel agencies, online platforms, vendors, and lodgings for employees and executives to book with. If the size of the company allows, it can also be helpful to hire an employee or team specifically to oversee and administer corporate travel, or designate this duty as part of an employee’s broader job description.

Managing Travel Expenses and Budgeting

There are many financial considerations when it comes to corporate business travel, and expenses and budgets must be carefully managed to keep costs under control. Many travel expenses are tax-deductible and can be written off, representing potentially significant savings for a company. Setting a budget and clear guidelines for employees about what can be an expense and what cannot is a must, as is creating and enforcing policies and procedures around tracking and reporting expenses.

Many corporate credit cards offer travel rewards and cost-saving opportunities for business travel, as do many other vendors and suppliers in the corporate travel industry. Businesses can take advantage of these to reduce inefficiencies and save on costs.

How to Manage Corporate Travel

Ensuring Traveler Safety and Security

As with any trip, business trips are not without safety and security risks, including the potential for political or civil unrest, crime, illness, injury, accidents, emergencies, natural disasters, cybersecurity breaches, or theft.

To protect their employees against unexpected and undesirable circumstances, at a minimum, businesses will want to have a travel insurance plan in place. It’s also helpful for businesses and employees to undertake some form of travel risk assessment to aid them in navigating potential risks, and outline safety and emergency preparedness guidelines within a corporate travel policy.

Employees should also know how to call if something goes sideways, such as hotel booking issues. A travel agent? A supervisor? If there’s a hurricane, you don’t have a car, and your flight is canceled, can you book another last-minute flight to get around the weather to get home? These details should be planned ahead for.

Maximizing Productivity During Business Trips

The overlap of business and leisure, sometimes referred to as “bleisure,” is one of the main draws of corporate business travel. However, there can also be pitfalls associated with this gray area. It can be difficult to stay productive while working remotely, whether due to the many distractions of a new environment (positive and negative), or because the trip entails an increased workload or time spent away from day-to-day job duties.

Employees looking to manage their time efficiently while away should get clarity on the intended purpose and expected outcome of their trip, and their employer’s and teammates’ expectations for their workload and communication frequency. They can also plan ahead to make the most of their travel time and downtime, and anticipate time zone differences to ensure smooth communication and adjustment to jet lag.

It’s important for employees to maintain work-life balance while traveling on behalf of work. Researching food, entertainment, and fitness options and preparing accordingly can pay off in terms of mental and physical wellness, especially for frequent travelers.

Tips for Business Travel Etiquette

Traveling anywhere, whether domestically or internationally, comes with responsibilities and expectations regarding employee behavior. Perception is one of the most important factors to remember when traveling as a representative of your company. You represent your company out in the public, so you need to ensure you’re displaying any key values that your company represents when interacting with vendors, clients, and peers.

This applies to cultural sensitivity as well. Travelers should do research in advance of their trip to ensure that they can be mindful of local customs and professional etiquette and behave with awareness and respect. Even the basics, such as learning appropriate forms of greeting or how to handle money and payment, and committing a few common words or phrases to memory can go a long way toward demonstrating good intentions and building a new relationship across cultures.

Sustainable and Responsible Business Travel

Recognizing that corporate travel can have a negative impact on the environment, many businesses and individuals are reexamining their travel practices and policies to see where they can make improvements. One example is reducing emissions by booking different means of transportation when possible. In general, seeking out vendors or companies that promote sustainable travel practices and responsible tourism, and that support local communities and ecosystems, can be a good first step to reduce environmental impact.

Technology and Tools for Corporate Business Travel

Software and technology tools can be immensely useful across all aspects of corporate business travel. Travel management and booking platforms; apps for tracking expenses, navigation, or converting currency; and translation and communication tools are all things that employees and businesses alike can take advantage of before, during, and after traveling.

When it comes to technology, it’s important to account for cybersecurity risks and only bring what is necessary to reduce the potential impact of damage, loss, or theft.

Managing Business Travel Expenses

What Is an Example of Corporate Business Travel?

There are many work-related reasons to travel, but many businesses will have their employees travel for conferences, events, sales and networking, seminars, meetings, team building, retreats, and to open up new business growth potential.

How Does Corporate Business Travel Work?

Corporate travel is simply travel for business-related purposes, so the nature of the trip will depend on its length and purpose. Companies whose employees travel frequently on behalf of the business should consider creating a corporate travel policy with information and guidelines for their employees.

Who Handles Corporate Business Travel?

Some businesses employ internal teams or individuals to manage corporate travel and business trips. At other times, employees are responsible for making their own arrangements within guidelines laid out by the company. There are also corporate travel agencies that businesses can leverage to streamline and optimize their bookings and costs.

The Bottom Line

Corporate business travel can be an invaluable path to both business growth and individual career development, building strong relationships and teams. No matter what form it takes, it’s prudent for companies to collect, implement, and communicate best practices for business travel to their employees in a company handbook or corporate travel policy. This should incorporate areas such as expense and booking management, safety and security, productivity, sustainability, technology, and employee behavior and etiquette.

Michela Buttignol / Investopedia

Internal Revenue Service. “ Understanding Business Travel Deductions .”

Global Business Travel Association. “ GBTA Business Travel Industry Outlook Poll .”

Harvard Business Review. “ How to Work and Travel at the Same Time .”

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International Business Travel, Management of Global Business Travel

International business travel.

For many businesses across the United States, commerce is a global activity and with an international economy comes the challenge of doing businesses in other countries around the world.

Global travel is not without its risk and the coronavirus pandemic has shown that from a business perspective, organizing travel and ensuring the safety of your staff has raised a whole new set of challenges and issues, many of which not all businesses were prepared for.

As global business travel starts to increase again, both employees and businesses are looking at ways that they can still travel internationally for business, whilst maintaining safety and ensuring that any fast-moving changes and situations are managed effectively and easily without incurring the cost of having to rebook or cancel at short notice.

International Business Travel Risks

When it comes to traveling internationally for business, just like with leisure travel, it isn't without some potential risk. While the majority of business travel is carried out without a hitch it's always a good idea to be prepared for the worst.

Some of the travel risks that travelers need to watch out for include staying safe in unfamiliar locations, keeping travel documents secure and maintaining health, which has become paramount in recent times.

Other risks that affect international business travel are last minute changes to a person's schedule, such as cancellations and problems with bookings. Modern business travelers need to have a set of dynamic policies and tools they can rely on to ensure that they can quickly adapt to any challenges that arise.

The good news is, there are plenty of things a business can do to insulate itself from issues with international travel and to help maintain the health and safety of their employees when traveling on behalf of their organization.

One of the key improvements a business can make to their business travel program to help mitigate the majority of these potential travel problems is to use an effective travel policy .

How International Business Travelers Can Protect Themselves

When traveling abroad it's always a good idea to have a travel insurance policy to cover potential issues. As a business traveler, your personal travel insurance policy might cover you for business trips, but it's worth double-checking the policy with your provider prior to travel to avoid expensive mistakes. The company you work for might also cover you under a business travel insurance scheme, but you should again check with your employer to find out what is, and what isn't covered. For example, it's never advisable to travel without a health care policy in case of illness or accident.

It's also a good idea to familiarize yourself with the location of the nearest U.S. embassies so that if the worst happens and you lose important documents like your passport, you'll know where to go to resolve the issue.

Although employees may take a pragmatic approach to traveling safety, employers have a duty of care to their personnel, which means as a company you might be looking at ways to keep your employees safe when they're out traveling for your business. Ultimately, the best way this can be achieved is by implementing a comprehensive travel risk management program and by creating travel policies to maintain travel compliance and ensure traveler safety.

Coronavirus Pandemic's Impact on Global Corporate Travel

Over the last few years, the Covid-19 pandemic has caused huge problems traveling internationally. Even at a domestic level, the road warriors who travel around visiting customers and businesses across the U.S. have found that state to state, U.S. travel still has its own unique restrictions and challenges to deal with.

For business travelers looking to travel to a foreign country in many locations, travel restrictions have been put in place to stop unnecessary travel. As the coronavirus vaccine has been rolled out, some of these travel restrictions have started to lift and travel plans are starting to be made again.

When it comes to international business travel, it's always a good idea to check the status of the country that you're going to, so you can ensure that you can travel by meeting any restrictions that are in place. The Egencia ® Travel Advisor tool can quickly and easily identify issues in various locations around the world. In addition, you can find travel advisories for trips during COVID-19, including regulations for destinations, and safety and health guidelines.

Benefits of International Business Travel

Even though business travel has reduced over the last few years, and with the targets to reduce carbon emissions, many businesses are looking at ways to reduce expensive (and emission producing) business trips where possible. However, while some business meetings can be held via video conferencing services, it can be difficult or impossible to carry out some business functions virtually. Often, you just have to be there!

There are a number of benefits of face-to-face meetings with colleagues or clients, and these include:

Being able to read body language. It can be difficult to pick up on the non-verbal cues when speaking virtually. Humans have the ability to pick up on subtle micro expressions that people give off, and adapt accordingly. This can help with competitiveness and closing deals that might otherwise be lost if those micro expressions are not picked up on - which is hard to do virtually!

Building relationships. Many customers prefer face-to-face meetings as business often isn't just about what you can offer as an organization but also about relationships and finding people and corporate philosophies that are in synergy together. This is much easier to do in person, where small talk and more natural interactions can occur between people and teams.

Improve focus and concentration. When in a face-to-face meeting you tend to have the full attention of the people that you are speaking to. When on a video call, you might find that people in the meeting aren't paying as much attention. They could be looking at social media, answering emails and not being fully engaged. In a face-to-face meeting the likelihood of this happening is significantly reduced.

Easier to deal with different time zones. International business can take place across lots of different time zones. When trying to organize a call or video meeting, it can mean that someone somewhere, will have to accommodate an out-of-hours calendar invite that might come at a very inconvenient time. For global organizations this can mean that someone will have to have a call or meeting very early in the morning, or very late at night. This can reduce productivity and effectiveness if people are tired. This can also mean that people are keener to get the meeting over and done with faster, so meetings can be rushed.

A face-to-face meeting means time zones won't matter because everyone will be one the same schedule. Of course, an international flight can introduce the dreaded jet lag, but this can be compensated for by proper scheduling of the flight and adequate rest.

For the individual business traveler, there are also benefits to be had from traveling internationally. For instance, it can make a job more interesting and engaging as you get to explore and see new cultures and locations.

International travel can make a job more varied, as you'll often experience new things, activities and meeting new people. For many employees this is the sort of thing they look for in a role, and it can make for a happier employee. When the employee is restricted to a conference phone call or video meeting, often from their own homes or satellite office, the day-to-day can become boring. International travel is a way to keep employees engaged, happy and most importantly efficient and effective.

With the ability to use laptops and mobile computing devices when traveling and when using air travel, there's a lot less employee downtime, so in many cases an employee can still carry out work when on a long-haul flight.

International Business Travel Management

Some companies leave the booking of international travel to the employees to handle, but this is not always the best use of their time, nor is it the most cost-effective way to travel.

That's why many companies use a travel management company such as Egencia to simplify and streamline business travel. Egencia help businesses manage travel risk and help to ensure traveler wellbeing no matter where they travel to. Egencia's travel management solutions also help support your business and plan for the future.

You can set up travel policies for your employees and you can keep in contact with your team globally to keep them informed and ensure their safety when out on business using our travel risk management tools and services.

Future of International Business Travel

When it comes to international business trips, the future holds interesting challenges for travel managers. The coronavirus pandemic has shown that a dynamic approach to business travel is needed. This can be hard to maintain when managing your own business travel program. This is why many companies turn to Egencia to help support their business travel program.

In addition to the need for more dynamic business travel solutions , many organizations are looking for ways to reduce their carbon impact on the environment and areas such as business travel, and especially international business travel are under the spotlight as this is an area where savings can be made. This is where Egencia's travel policy solutions can help, from ensuring only direct flights are booked, but also by ensuring travel options that are environmentally friendly are used more often.

So, whether you're looking for dynamic business travel solutions, need help setting up travel policies for your employees, or want to reduce your carbon footprint, we can help you fine tune your International travel. Visit Egencia.com to find out how we can make your global travel run smoothly.

Looking for better business travel solutions? Get in touch with us.

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Business travel survives the Zoom era, as leaders jump back on flights

It turns out that jet-setting on the company dime has eternal appeal. Business trips can conjure up images of fancy first-class tickets to major cities or staying at a Hilton in a small town about 20 minutes from the airport. Either way, it seems that the pandemic didn’t kill the corporate travel bug.

The brakes on business trips were first pulled when COVID-19 hit, as lockdowns and international travel restrictions were implemented. Zoom took off while planes stalled, as the video-conferencing company went from 10 million daily meeting participants in December 2019 to 300 million a few months later in April 2020.

As the lockdown lifted, some itched to vacation again (surging to the point that the term “revenge travel” was coined), but corporate travel was slow to get its feet off the ground. Its sluggish return made some question if business trips were at the end of an era. Perhaps Zoom and remote work meant that there was no longer a need to leave the house, much less the country, to really connect with others. 

“Businesses aren’t going to support nonessential travel if the work being proposed can be done virtually,” Brian Bloom, Korn Ferry’s vice president of global benefits and mobility operations, said in 2021 . And while bosses were looking to cut costs by eliminating travel, workers weren’t looking to risk their health either. In 2021, only one-quarter of those over 55 were comfortable traveling for work even after being vaccinated, according to an IBM survey of 15,000 global participants.

But years later, it seems as if corporate demand hasn’t died off, it just was dozing off for a bit. And the airlines confirmed as much. Alaska Air reported a return to pre-pandemic levels of business travel, as sales for corporate accounts soared by 22% in the first quarter. Delta and United each reported 14% increases in first-quarter revenue, with a United executive noting that the company notched nine of its top 10 corporate booking days in its history this year. That’s coming off of the rebound in 2023 , as air travel rose to 94% of 2019 levels, according to the International Air Transport Association.

Of course, that doesn’t mean that business travel isn’t still going through growing pains . A 2023 report from Deloitte found that while recovery is occurring, the trend “likely faces a limited upside” in part due to the cost of flying and sustainability mandates. 

Still, the return of corporate travel is occurring in the background of a years-long campaign to go back to pre-pandemic ways of work, as big names in tech and finance push for a fully in-person week. One of the major talking points for those that suggested back to office work was that it would create better connections , a similar talking point that crops up when it comes to the merits of traveling to meet with clients in-person. 

It seems as if the mindset is slowly gaining traction, as a 2023 study from Global Business Travel Association projected spending on business travel will surpass pre-pandemic levels of $1.4 trillion this year and balloon to nearly $1.8 trillion by 2027. After Omicron and other surges, global business travel began to find its footing again in 2022, according to the trade group.

“The headwinds that were anticipated to impact the rebound of global business travel over the past year didn’t materialize and that is good news,” Suzanne Neufang, Global Business Travel Associate’s CEO said in a statement last year to Fortune’s Chris Morris. “This latest forecast now indicates an accelerated return to pre-pandemic spending levels sooner than anticipated as well as growth ahead in the coming years.”

As the ever-looming recession remains unannounced and executives continue to extol the benefits of in-person work, the company card has started to thaw. It appears as if the floodgates, or air gates, are beginning to open up again.

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A look inside the largest and longest-range business jet

There's a lot to consider when it comes to choosing a private jet. Speed, comfort and cost are some of the first things that come to mind, but equally important is range. After all, wouldn't stopping halfway through your journey to refuel kind of defeat the purpose of flying private?

If you're regularly flying halfway across the world, something like an Embraer Praetor 600 or Gulfstream G500 just won't cut it. You could go with a VIP-configured Boeing 777 or 787 Dreamliner , but not everyone wants something that big.

For these travelers, Bombardier offers the Global 7500. With four separate living areas and a range of up to 7,700 nautical miles (8,861 miles), this is the largest and longest-range option in the business jet category — a tad farther than the Gulfstream G700 . It can connect almost any two points of the globe, including New York to Hong Kong and Singapore to San Francisco. It has even flown from Sydney to Detroit before — a route that's 8,225 nautical miles long.

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Although cheaper than the wide-bodies, this jet still retails for a cool $73 million. Of course, for those on a "budget," charters or fractional ownership are also an option, though for most people flying on this jet is nothing more than a dream.

I had the chance to check out two 7500s at the National Business Aviation Association's Business Aviation Convention and Exhibition in Las Vegas last week — one still owned by Bombardier and another that was recently delivered to the charter company VistaJet. Here's a look inside.

The 7500's cabin is broken into four sections, including a full kitchen and dedicated crew rest. The cabin is 6.2 feet tall, giving it a very spacious feel.

Of the two planes toured, VistaJet definitely had the more stylish cabin, with sleek, dark finishes.

The main room features a "Club Suite" with four club seats that face each other. As you can see, the cabin boasts loads of natural light thanks to larger-than-usual windows.

Just behind that is a conference suite/dining area with seating for six. The seats and tables could be folded to be converted into four comfortable beds.

Rather than have two pairs of seats on each side of a table, the two rows alternate with one seat on one side and two on the other.

Past that is a living room-like space with a divan facing a wide-screen TV. The divan converts into a bed and there are doors separating this room from the rest of the cabin so this can be used as a guest bedroom.

Related: Honda wants to build the first transcontinental light jet — and it'll only need one pilot

On Bombardier's version, there were simply two divans that faced each other.

At the very end is the primary bedroom. It features a full-size bed, an adjacent club seat with its own retractable table, a wardrobe and a TV.

VistaJet made this room feel a bit more homey by installing a small bookcase. At first glance, the room might look a bit like the bedroom on Etihad's Residence , but this room is much more spacious and has multiple windows while The Residence's bedroom doesn't have any.

The primary bedroom also has an en suite bathroom. Customers have the option to install a shower, though neither of the jets had one.

Related: The cheapest ways to get the private jet experience

As you'd expect from a jet of this size, it has a full-size kitchen at the front of the cabin with multiple ovens, refrigeration units and lots of storage.

But this area isn't just a workstation — the galley also doubles as a crew rest area. Operators can choose to either install just a couch or a proper crew rest suite with bunk beds. Typically, these flights are operated with up to two cabin attendants.

It goes without saying that any flight on a Global 7500 will be a comfortable one. While the configuration may vary from one operator to another, you'll be spoiled with large windows, plenty of space to move around and comfortable beds to retreat to. That said, the price tag certainly matches the experience so don't expect a crazy deal to actually fly on one of these jets anytime soon.

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Whatever your air travel need—whether you’re flying for business or pleasure—book your private charter experience with Global Jet today and leave the rest to us!

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We’re committed to the safety and health of our clientele and our aircraft are maintained to the highest standards.

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“ Jack Graham Co-Founder “ Traveling can be difficult at times. Global Jet greatly simplifies life by eliminating any challenging circumstances. ”

“ Josephine Garland Owner “ It's the little areas that a private plane can reach. It can save days to take a direct flight from our airport to anywhere you want to travel. There are a ton of choices. ”

“ Stephen Garfield Lawyer “ Global Jet surpassed our expectations The planning of the flight was seamless and extremely professional. We will unquestionably endorse their services. ”

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The top 10 business jets in the world today.

Some of the world’s top jets based on price, range, and speed

• Cessna Citation CJ3+: Affordable and innovative, this jet offers agility and versatility with a range of 2,040 nautical miles and lower operational costs.
• Embraer Praetor 600: This mid-range luxury private jet promises exceptional comfort and range with over 4,000 nautical miles and a speed of 536 mph.
• Boeing BBJ MAX 7: The height of luxury, this jet offers unparalleled customization options and a lavish flying retreat experience at 40,000 feet.

When it comes to business jets, defining the “best” is rarely an easy task – especially with so many jets out there in the market today. Depending on who you ask, and what their needs and preferences are, some jets might be deemed superior. However, these factors are often the key differentiators: price, range, and speed.

10 Affordable elegance: Cessna Citation CJ3+

Kicking off our list is the Cessna Citation CJ3+, a testament to affordability and innovation. Being on the lower end of the market in terms of price , this nine-seater soars high when it comes to value for money. Starting at $8 million and certified for single-pilot operation, this light jet offers agility and versatility, with a range of 2,040 nautical miles (3,778 km).

It also boasts lower operational costs compared to similar competitors like the Phenom 300 . Perfect for jetting off to a meeting, the Citation CJ3+ is a popular choice for those seeking a taste of privacy and luxury without the hefty price tag that many other jets come with.

Want answers to more key questions in aviation? Check out the rest of our guides here .

9 Mid-range marvel: Embraer Praetor 600

Embraer 's Praetor 600 cruises onto this list as the mid-range luxury private jet of choice, promising exceptional comfort and range. Its generous range of over 4,000 nautical miles (7,408 km) and 536 mph (862.6 km/h) speed ensures that it can effortlessly fly up to 12 passengers to their destinations in no time.

With a lavishly appointed interior that rivals top luxury hotels, this jet offers a perfect blend of relaxation and productivity. After all, Embraer is often known for offering high-quality touches to at middle-of-the-pack pricing.

8 The height of luxury: Boeing BBJ MAX 7

Moving up to the higher end of the business jet market, this is an aircraft that embodies unparalleled luxury and style: the Boeing BBJ MAX 7.

This jet is more than just a mode of transportation; it's a lavish flying retreat. Customization options abound, allowing owners to tailor every detail to their exact preferences. From spacious living areas to state-of-the-art entertainment systems, the BBJ MAX 7 redefines opulence at 40,000 feet.

Discover more aviation news about the passenger experience here.

Besides price, another important factor that sets business jets apart from each other is range – especially for those whose work involves international travel. The next few aircraft boast long ranges , complemented by luxurious interiors.

7 A fan favorite: Bombardier Global Express

While Bombardier has gone on to develop newer and more impressive variants of this jet, the very first Global Express deserves a spot on this list for its long-standing popularity. The Bombardier Global Express stands as a spacious, long-range business jet with a capacity for intercontinental flights spanning approximately 6,000 nautical miles (11,100 kilometers) without the need for refueling

Thanks to its operational excellence and reliability, the Global Express has proven to be a popular business jet choice. In fact, over the last 28 years, more than 800 units of this jet and its variant have been built.

6 All-in-one: Dassault Falcon 8X

The Dassault Falcon 8X stands as a pinnacle of high-performance in the realm of private jets, capable of covering an impressive distance of 6,449.8 nautical miles (11,945 km) with just a single tank of fuel.

This aircraft's allure lies not only in its advanced features but also in its knack for swiftly whisking passengers away to remote corners of the globe, making it a top choice for those who prioritize both long-range travel and luxurious comfort.

5 Range and comfort: Gulfstream G650ER

Gulfstream's G650ER swoops in next on the list, showcasing its ultra-long range capabilities. With a top speed of Mach 0.925 and a range of over 7,500 nautical miles (13,890 km), this jet can effortlessly link the world's major cities. Its cabin offers ample space for work, relaxation, and entertainment – and is popular among celebrities, including Oprah Winfrey .

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We started off with price, then we looked at range, but for high-flying jet-setters, the most precious thing a business jet can offer is time saved. So, to round off this list, let's delve into some of the fastest jets today .

4 Old but gold: Cessna Citation X

Despite having first flown nearly three decades ago, the Cessna Citation X showcases remarkable speed and agility. As one of the fastest business jets in the world, it can reach speeds of Mach 0.92, ensuring rapid travel without compromising on comfort. The cabin is thoughtfully designed, providing a serene environment for work or relaxation.

Despite being on the older side compared to other aircraft on this list, the Citation X remains one of the top business jets in the world today.

3 Long-distance luxury: Bombardier Global 7500

While its top speed of Mach 0.925 is matched by others on this list, the Bombardier Global 7500 sits a few notches higher on this list thanks to the combination of luxurious comfort, advanced technology, and 7,700-nautical-mile (14,260-km) range

The Global 7500 confidently offers unmatched luxury and performance. Its four living spaces, a full-sized kitchen, and a dedicated crew suite are testament to the art of long-distance travel in ultimate comfort. Additionally, its innovative Nuage seat promises exceptional comfort.

2 Elevated excellence: Cessna Citation X+

The Cessna Citation X+ claims the second spot, building upon the success of its predecessor. With improved speed and range, this jet effortlessly connects cities around the world, flying at a maximum speed of Mach 0.935.

The cabin offers refined comfort, while advanced avionics enhance the overall flying experience. The Citation X+ is a testament to Cessna's commitment to excellence. Although production ceased in 2018, this jet remains among one of the fastest business jets in the world – a top pick for busy professionals.

1 The ultimate throne of luxury: Gulfstream G700

The Gulfstream G700 jet is a masterpiece in every sense, offering a range of 7,500 nautical miles (13,890 km), a maximum speed of Mach 0.925, and an interior that redefines opulence. While it may not be the best in terms of range and speed compared to its counterparts on this list, the combination of cabin space, sustainability advancements, and state-of-the-art cockpit warrants the G700 worthy of the top spot.

Sources: Aeroaffaires , Skyllence

Global 7500

The industry flagship.

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Specifications

The Global 7500 aircraft stands alone as the world’s largest and longest range business jet. Within its luxurious interior are four true living spaces, a full size kitchen and a dedicated crew suite. Elevate your flight experience and discover the uninhibited freedom and tailored luxury of the Global 7500 aircraft—a new class of business jet.

Smoothest ride

Featuring the Smooth Flĕx Wing, a technological marvel engineered for maximum control and agility at all speeds while providing the industry’s smoothest ride.

Longest range

Industry-leading 7,700 nautical mile range, a top speed of Mach 0.925 and exceptional short-field performance unrivalled in business aviation.

Largest cabin

The only business jet large enough to accommodate four true living spaces with an available Principal Suite and full size bed, dedicated crew suite and kitchen.

Revolutionary seating

Redefining comfort with its revolutionary deep recline feature, the patented Nuage seat is the first new seat architecture in business aviation in 30 years.

Cleanest air

Bombardier Pũr Air features an advanced HEPA filter that captures up to 99.99% of allergens, bacteria and viruses while completely replacing the cabin air with 100% fresh air in as little as 90 seconds.

Clearest vision

Featuring next generation fly-by-wire technology, the Bombardier Vision flight deck blends cutting-edge avionics with exceptional ergonomics and aesthetics for remarkable comfort and control.

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A cabin designed around you

Stay close to home wherever you fly. With an unprecedented array of floor plans and furnishing options, the Global 7500 business jet is designed as an extension of your home and office, giving you the freedom to effortlessly travel wherever life takes you.

Four living spaces, near limitless possibilities

Our industry-leading designers work with you to personalize your interior from among a host of available floor plan options and an array of furnishings and finishes.

A convergence of business and pleasure

Step aboard and into a Club Suite that means business. Featuring the revolutionary Nuage seat and extra-large windows, this bright and inviting living space creates the perfect environment for quiet reflection, conversation and business productivity.

With new larger and evenly spaced windows, the Global 7500 aircraft provides more natural light than any other cabin in business aviation, as well as providing every passenger with a window seat.

Your table is ready

With comfortable seating for six, the elegant Conference Suite of the Global 7500 jet features a distinct design with sophisticated style. Bring guests together for a business lunch or a family dinner and savour fine cuisine, meticulously prepared in the industry’s largest and most well-appointed kitchen.

The kitchen on the Global 7500 aircraft is as elegant as it is functional. Developed in consultation with the world’s top cabin crews, the remarkable kitchen was designed with intent to prepare the industry’s most varied meal selections.

The Nuage seat

The Nuage seat represents the first meaningful change in the operation and design of a business aircraft seat in 30 years. At its heart are three key features unavailable on any other seat in business aviation:

• Tilt link system for the first-ever deep recline
• Floating base for fluid movement
• Tilting headrest for exceptional support

What dreams are made of

In the Global 7500 aircraft’s available Principal Suite, discover the soothing tranquility of home. Experience luxurious comfort in a personal space that features an unprecedented array of optional furnishings, including a permanent bed and true stand-up shower in the En Suite.

Dedicated Crew Suite

Cabin comfort extends to the crew, thanks to a permanently accessible and well equipped Crew Suite designed to maximize comfort and privacy on long haul flights.

Pure air when you need it. Fresh air when you want it.

Bombardier Pũr Air is a sophisticated air purification system that features an advanced HEPA filter that purifies and cleans the air. Available exclusively on Global aircraft, Bombardier Pũr Air offers both purified and 100% fresh air, delivering cleaner air with better humidity and quicker heating and cooling than 100% fresh air only systems.

Dial up your cabin experience

The all-new nice Touch cabin management system designed exclusively for the Global 7500 aircraft dials up the cabin experience, redefining the way you interact with the cabin and your content.

Lights on. Jet lag off.

Bombardier’s Soleil lighting system is aviation’s first circadian rhythm-based cabin lighting fully integrated to the Flight Management System with a revolutionary Dynamic Daylight Simulation feature that can help combat jet lag.

Immersive cabin entertainment

Elevate your in-flight experience with an available 55-inch 4K TV - the largest in the industry. Enjoy a world-class home theatre experience with stunning picture quality and immersive audio with  Bombardier’s l’Opéra audio system featuring the first-ever seat-centric sound technology.

Select the floorplan, interior design and livery of your Global 7500

Standard interior configuration

• Ultra-large galley with dual convection/microwave ovens, chilled storage, sink and faucet
• Lavatory with natural lighting featuring a vanity, sink and faucet
• Private crew area equipped with berthable seat, power outlets and storage
• Wardrobe for passengers’ and crew members’ personal items
• 4 patented ergonomically-adjustable executive Nuage seats
• 2 concealable side-tables
• Detailed side ledges
• 6 ultra-large windows
• Large wall-mounted high definition TV

CONFERENCE SUITE

• Unique 6-seat meeting and dining space
• Dining table with removable leaf and concealable side-table

ENTERTAINMENT SUITE

• 3-place berthable divan
• Large entertainment cabinet with media storage
• Large screen high definition TV
• Immersive audio system

PRIVATE SUITE

• Patented ergonomically-adjustable executive Nuage seat
• Concealable side-table
• Corner entertainment cabinet
• Large high definition TV
• Private lavatory with window, vanity and available shower
• Large wardrobe
• Unrestricted and safe access to a 195 ft³ (5.5 m³) baggage compartment

Discover the Bombardier Vision flight deck

The Bombardier Vision flight deck features the latest in fly-by-wire and avionics technology with exceptional ergonomics and aesthetics for a cockpit environment perfectly suited for both short hops and long hauls. Take a moment to discover how Bombardier's unique approach, refined over thousands of hours and years of perfecting, has transformed the Bombardier Vision flight deck into the premier cockpit among the industry's pilot community.

Step inside

The range leader

Engineered for total performance and featuring an industry leading 7,700 nm range, no other business jet offers the Global 7500 aircraft’s ultimate combination of range, speed, field performance and smooth ride.

An industry-leading 7,700 nautical mile range connects some of the world’s most expansive city pairings, including routes such as New York to Hong Kong and Singapore to San Francisco.

GE Passport engines, designed specifically for the Global 7500 business jet, power it to a top speed of Mach 0.925 with dependable reliability and improved fuel efficiency.

Field Performance

Remarkable steep approach support will make the Global 7500 jet the largest business aircraft to access London City Airport. Combined with exceptional braking, the field performance of the Global 7500 rivals that of much smaller aircraft.

Smooth Ride

A cutting-edge wing design with outstanding wing loading enables the Global 7500 aircraft to deliver the industry’s smoothest flight for a ride quality that is simply unmatched in business aviation.

GE Passport Engines

GE’s Passport is more than just an engine. It is a unified propulsion system with advanced health monitoring that delivers exceptional reliability, increased efficiency, lower emissions and reduced maintenance costs. Designed specifically for the Global 7500 business jet, Passport has been engineered for ultra-long-range missions and minimal cabin noise for increased comfort.  Delivering over 18,000-pounds of thrust, the Passport engine and Global 7500 aircraft make for a record-breaking combination.

• Maximum range 7,700 nm 14,260 km

(Theoretical range with NBAA IFR Reserves, ISA, M 0.85, 8 pax /4 crew. Actual range will be affected by speed, weather, selected options and other factors.)

• Passengers: Up to 19
• Bombardier Vision flight deck with four large displays
• Advanced fly-by-wire technology with side stick controllers
• Head-Up Display (HUD), Enhanced Vision System (EVS) and Synthetic Vision System (SVS)
• Graphical flight planning
• MultiScan weather radar including windshear detection
• LPV approach
• RNAV, en-route RNP & RNP AR approaches
• Controller Pilot Data Link Communication (CPDLC)

Speed (mach)

• Top speed 0.925
• High-speed cruise 0.90
• Typical cruise speed 0.85

Airfield Performance

• Takeoff distance (SL, ISA, MTOW) 5,760 ft
• Landing distance (SL, ISA, typical) 2,237 ft
• Takeoff distance (SL, ISA, MTOW) 1,756 m
• Landing distance (SL, ISA, typical) 682 m

Operating Altitude

• Maximum operating altitude 51,000 ft
• Initial cruise altitude (MTOW) 43,000 ft
• Maximum operating altitude 15,545 m
• Initial cruise altitude (MTOW) 13,106 m
• GE Passport
• Thrust: 18,920 lbf (84.16kN)
• Flat rated to ISA + 15°C, SL

• Cabin height 6 ft 2 in
• Cabin width 8 ft 0 in
• Cabin length (1) 54 ft 5 in

(1) From cockpit divider to aft most cabin without baggage compartment.

• Cabin height 1.88 m
• Cabin width 2.44 m
• Cabin length (1) 16.59 m
• Length 111 ft
• Wingspan 104 ft 0 in
• Height 27 ft 0 in
• Length 33.8 m
• Wingspan 31.7 m
• Height 8.2 m

All specifications and data are approximate, may change without notice and are subject to certain operating rules, assumptions and other conditions. The interior images shown are for information purposes only and may represent some optional configurations. This document does not constitute an offer, commitment, representation, guarantee or warranty of any kind and the configuration and performance of any aircraft shall be determined in a final purchase agreement. 

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6 Cheapest Business Class Airlines for an Affordable Upgrade

By Jessica Puckett

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With the ever-shrinking seats in coach class, the allure of those spacious front-of-plane cabins has never been stronger. Flying business class can feel reminiscent of the golden era of travel, when glamour and comfort ruled the skies. Perks like lie-flat beds, privacy doors that encapsulate seats, airport lounge access, and even chauffeur services can entice even the most austere travelers among us to contemplate splurging on an upgrade every now and then.

Of course, those amenities all come at a price. Business class fares can be prohibitively expensive for the average traveler, with one-way tickets soaring as high as several thousands dollars. But did you know that the cheapest business class airlines offer many of the best perks for less money? If you know the right carriers, an affordable but luxurious business class ticket could be within reach. Here’s everything you need to know about the cheapest business class airlines .

What perks and amenities do the cheapest business class airlines give you?

On board a cheap business class airline that still offers good value, you can expect a spacious seat—one that lies flat on longer routes—better in-flight meals, complimentary alcohol, and reserved overhead bin space.

Other perks on the ground will vary from airline to airline. Some carriers “unbundle” their cheapest business class fares, meaning amenities like airport lounge access , seat selection, and over-the-top perks like chauffeur services aren’t offered to keep prices lower. Other airlines simply do not offer any customers amenities like lounges at all.

To get the cheapest business class fares, you’ll have to decide what perks are most important to you. Would you prefer to relax in a lounge during a long layover? Or is an affordable bed in the sky with fully closing doors of more importance? The airlines below all offer luxury, but the emphasis is put on different stages of the travel experience.

What prices are considered affordable for business class?

The price for that premium seat can get quite steep: Flights in top business class cabins can cost anywhere from $5,000 to $10,000. Like other airline tickets , the price of cheap business class fares can depend on the destination, time of year, when you book, and the airline itself. The longer the flight and the plusher the cabin, the higher the fare will climb.

However, according to recent data from aviation statistics firm Cirium , The average business class fare in 2023 was $1,845. So anything near or below that price point can be considered a pretty good deal for one-way in business class—keeping in mind the factors like the length of the flight and the amenities your ticket includes.

6 of the cheapest business class airlines

TAP Air Portugal business class tickets can occasionally be found for under $2,000 roundtrip.

TAP Air Portugal

Generally known as a budget carrier, TAP Air Portugal actually offers a solid—and affordable—business class product as well. According to Katy Nastro, travel expert at Going.com , TAP Air Portugal routinely prices its business class seats to Europe for less than $3,000 roundtrip—sometimes even slipping below $2,000 roundtrip. For that price, you’ll get lie-flat seats with bedding that includes wrap-around duvets and large pillows, as well as meal service that features Portuguese dishes and wines. The seats and finishes might not feel as plush as other business classes, but you’ll have space to stretch your legs and lie flat at an attainable price point.

Turkish Airlines

Offering a few more amenities but still cheaper rates in business is Turkish Airlines, a carrier that Nastro says also consistently offers seats in business class on flights to Turkey and other destinations in Europe for under $3,000 roundtrip. You’ll be well cared for in Turkish business class, which offers a lie-flat seat that’s more than six feet long and up to two feet wide, with an 18-inch entertainment screen. When it comes to dining, you’ll have access to the airline’s iconic flying chefs, who prepare a litany of Turkish dishes and other cuisines mid-flight and essentially transform the business class cabin into a flying, top-tier restaurant. Plus, business class passengers also have access to Turkish lounges when they arrive at the airport.

Emirates' most affordable business class option doesn't include perks like lounge access or seat selection.

Emirates “Special” business class fares

In order to give customers access to the cheapest business class seats, Emirates unbundles its business class fares. If you book one of these tickets, called “Special" business class fares by the airline, you won’t have access to Emirates lounges , chauffeur service, seat selection, or upgrades to first class. But once onboard the plane, you get all those bells and whistles Emirates business class is known for: ultra-comfy beds, gourmet food, premium cocktails, and even the A380’s onboard cocktail lounge.

Using the unbundled booking method can potentially save travelers thousands of dollars. A quick check of business class fares on Emirates’ New York to Dubai route for June 2024 showed the airline’s Special business class price at $2,787 one-way, while its Flex Plus business class ticket, which offers the most perks and rebooking options, clocked in at $6,229—a difference of more than $3,400. The Special fares are only available on certain routes and certain times of year, so if you see one that works for you, it could be worth locking in.

This little-known German carrier flies from 13 major US gateways to Europe, and is one of the best cheapest business class airlines out there. Condor’s sharp-looking business class cabins with striped accents offer seats that transform into a 6.5-foot lie-flat bed, 4K entertainment screens, and direct-aisle access for every passenger. Plus, each business class passenger gets access to Condor’s lounges. Fares start at about $1,100 on flights from New York to Berlin.

Qatar Airways’ Business Class Lite option is a more affordable way to book one of the best seats in the sky.

Qatar Airways Business Class Lite

Much like Emirates’ unbundled tickets, Qatar Airways’ Business Class Lite and Business Class Classic fares offer the same opulent seats to fliers who’d like to shave off a few amenities in order to save money. You won’t have lounge access or seat selection before check-in included in your ticket. But you can book into the revered Qsuites product, which offers fully closing doors around a spacious lie-flat seat (79 inches long and 21 inches wide) and impeccable in-flight service. While the price tag can’t be considered “cheap” compared to some carriers, the unbundled fares can be a more affordable way to book one of the best seats in the sky. The unbundled fares aren’t offered on all routes, but a search of Qatar’s flights from New York to Doha for August 2024 shows Business Class Classic fares for $6,268, while Business Elite is $8,810—a difference of more than $2,500.

JetBlue Mint

Although it’s not offered on every plane or every route, JetBlue’s Mint business class is among the best premium products in terms of value for the money. Mint offers a mix of standard lie-flat seats and more private suites with doors, depending on the aircraft layout. Each seat offers adjustable firmness, a massage function, and turns into a bed that’s six feet, eight inches long outfitted with blankets and pillows from Tuft and Needle. You can also expect some seriously scrumptious food and drink options, as JetBlue has partnered with New York restaurant group Delicious Hospitality, the collective behind Manhattan restaurants Pasquale Jones, Charlie Bird, and Legacy Records, to design the rotating menus in Mint. One-way tickets start at about $700 and range up to $2,000 to fly between New York and Los Angeles, but expect to pay more on JetBlue’s international routes.

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Marriott Boosts Full-Year Profit View After Mixed Q1 Results

FILE PHOTO: Logo of Marriott hotel is seen in Vienna, Austria April 9, 2018. REUTERS/Heinz-Peter Bader/File Photo

By Aishwarya Jain and Doyinsola Oladipo

(Reuters) -Hotel operator Marriott International raised its forecast for annual adjusted profit on Wednesday after mixed first-quarter results, banking on international travel demand to offset weakening trends in North America.

As travelers flock to overseas destinations in Asia, the Caribbean and Latin America, Marriott expects the boost in international and group travel to lift its full-year profit.

Global revenue per available room (RevPAR) or room revenue, an important metric in the hospitality industry, rose by more than 4% on the back of 11% growth in international markets.

North American RevPAR rose by 1.5% in the quarter, mostly driven by group and business travel from large corporate businesses.

"Leisure RevPAR was flat in the U.S. and Canada, with more customers going abroad to find warmer weather," Chief Finance Officer Kathleen Oberg said on an analyst call. A similar pattern held true in China, the company said.

Shares of the Ritz-Carlton owner fell 2% in early trading, after its adjusted quarterly profit of $2.13 per share missed analysts' expectations of $2.17.

The Maryland-based company still raised its 2024 adjusted profit forecast to a range of $9.31 to $9.65 per share, compared to a previous outlook of $9.18 to $9.52 per share.

Incentive management fees were dragged down by declines in North America mainly due to the Maui fires, Marriott said. They rose 4% globally.

"The solid upside and guidance increase are clear positives," said Jefferies equity analyst David Katz. "Two notable offsets (are) the low level of domestic RevPAR growth and the slight decline in the pipeline."

Marriott's room development pipeline decreased to 547,000 rooms at the end of March, from 573,000 in the prior quarter.

Quarterly revenue grew 6% to $5.98 billion that surpassed Wall Street estimates of $5.93 billion, according to LSEG data.

Marriott expects worldwide room revenue to increase by 3% to 5% this year. It sees 4% to 5% growth in the second quarter.

(Reporting by Aishwarya Jain and Doyinsola Oladipo in New York; Editing by Milla Nissi)

Copyright 2024 Thomson Reuters .

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Moscow to Geneva

Moscow-Geneva

With Zephyr Jets, executive jet travel between Europe’s capital cities, business hubs, and cultural centers has never been easier, more cost effective, or more luxurious. When it comes to a consistent, point-to-point pricing structure, Zephyr has pushed the envelope to bring affordable, stress-free private jet travel to even more travelers. Whether you are attending a conference on Moscow or meeting with the top brass at a UN meeting in Geneva, we strive to furnish our clients with the best empty leg rates on the most luxurious private jets. Every stage of your journey is meticulously executed. If you require a transfer service from Domodedovo International Airport, or a gourmet chef on board your state-of-the-art Falcon 900 to the Geneva, our highly skilled aviation team will meet the needs of the most exacting and time sensitive agenda.

Average duration 3 hours, 5 minutes Aircraft type  Midsize, super midsize or heavy jet Private jet options*  Gulfstream IV, Gulfstream 450, Falcon 900, Challenger 604, Challenger 300, Citation X, Citation Sovereign, Citation Excel, Hawker 900XP Moscow Airports  Domodedovo International Airport (UUDD, 26 miles from downtown Moscow); Sheremetyevo International Airport (UUEE, 18 miles from downtown Moscow); Vnukovo International Airport (UUWW, 17 miles from downtown Moscow) Geneva airport      Geneva International Airport (LSGG, 2.5 miles from Geneva)

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Embraer's Ambitious Challenge to Boeing with a New 737-Sized Jet

Posted: May 1, 2024 | Last updated: May 1, 2024

Brazilian aerospace manufacturer Embraer is charting new territory with plans to develop a jet comparable in size to Boeing's 737 model, as reported on May 1, 2024.

This move positions Embraer to directly compete in the market segment dominated by industry giants Boeing and Airbus.

Embraer, known for its regional jets, is undertaking this step to expand its portfolio and enter the narrow-body passenger jet arena, where demand has been historically high.

This development comes at a time when global air travel is rebounding, with airlines like Ethiopian Airlines expecting a 30% surge in passengers in the year ending June 2024, despite facing operational challenges including aircraft shortages and delivery delays.

Mesfin Tasew Bekele, CEO of Ethiopian Airlines, Africa's largest airline, highlighted the impact of these disruptions, particularly those affecting Boeing, stating, "We have a lot of challenges. For example, today we have aircraft shortage since the manufacturers, particularly Boeing, are delaying aircraft deliveries."

These delivery problems are mainly impacting narrow-body passenger jets from Boeing, whereas the grounding is affecting wide-body aircraft utilized for long-haul travel.

Despite the setbacks, Ethiopian Airlines maintains confidence in Boeing's ability to resolve safety concerns.

The airline is not operating the specific variant of Boeing's MAX jets that experienced a panel blow-out earlier this year.

Moreover, Ethiopian Airlines is working towards a growth plan set to double its fleet and route network by 2035.

With firm orders for 70 Boeing and Airbus planes, along with options for an additional 54, the airline aims to increase its annual revenue and passenger numbers by 400% and 440%, respectively, by the target year.

Embraer's bold strategy mirrors the aviation industry's focus on growth and recovery in the post-pandemic era.

While Ethiopian Airlines enhances its operations through network expansion and increased frequencies to new destinations such as London Gatwick, Madrid, and Bangui, the airline is also investing in its cargo business.

A notable $55 million investment went into an e-commerce shipments handling facility at its Addis Ababa base, targeting companies like Alibaba to cater to the burgeoning demand for e-commerce in Africa.

This strategic move by Embraer could reshape the competitive dynamics in the aircraft manufacturing industry by offering airlines an alternative to the Boeing 737.

As the aviation industry continues to navigate supply chain challenges, innovations, and expansions such as these by Embraer and Ethiopian Airlines play a crucial role in defining the future of global air travel and technology.

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04 Oct Visit Moscow

Charter a private jet with Falcona to the beautiful and vast country that is Russia. Moscow is the capital of Russia, the largest city in the country and Europe. Moscow stands on the Moscow River, located between the rivers Oka and Volga.

It’s one of the largest cultural and tourist centres of Europe and the world. Moscow is viewed as a traditional city compared to St Petersburg.

Explore the sights of Moscow, Russia’s capital, and experience its magic. Take a walk to the impressive Red Square, where you can watch and look at the wonderfully coloured cathedral of St Basil’s, an iconic building of Russian art. There are plenty of museum and fine art galleries and shops to entertain you whilst visiting Russia.

A diverse history, culture and architectural sites as well as entertainment. The Kremlin, the Bolshoi Theatre, Pushkin Fine Art museum are all well worth a visit.

The Kremlin remains the heart of the city, a symbol of power and authority. On the Red Square front lies the St Nicholas Tower, which was built in 1491 and then re-built in 1806.

The Kitay-gorod is a historic part of Moscow and a major tourist hot spot. The Cathedral of St Basil the Blessed was built in 1554-60 to commemorate the defeat of the Mongols. A unique and magnificent display of architecture.

Other places of interest include the Novodevichy Monastery and Kolomenskoye Estate both on the (UNESCO World Heritage List) . Shopping in Moscow is good as it offers a wide range of luxury stores.

Alongside London and New York, Moscow has become a global financial centre. For those travelling to Russia to conduct business then, a private jet charter flight is the best way to get there. A seamless travel experience awaits. We only use operators and aircraft that have all the necessary permits to land in Moscow, Russia.

Being able to work en-route to meetings in a private environment with your colleagues, is essential in the business world. You don’t waste valuable time at the airport, as you bypass all the check-in and security lines. When you arrive in Moscow we can arrange a transfer to your final destination.

For those travelling to Moscow by private jet, you have a choice between several large airports. The busiest is Moscow Vnukovo which is the most popular airport for private jet travellers.

It’s close to the centre of Moscow, open 24 hours and has a dedicated private aviation terminal, with a drive time of approximately 30 minute drive to the city centre. Here it’s possible to have a private vehicle pick up planeside.

Which Aircraft?

Bombardier global 6000.

From the state-of-the-art cockpit, throughout the incomparable cabin, to the tranquil sanctuary of its aft stateroom, seizing the opportunity to demonstrate Global leadership—in style, ingenuity, comfort or convenience, nothing has been overlooked.

Its spacious cabin allows very comfortable ultra long range flights around the world, at very high speed: the Global 6000 can take you anywhere on earth with just one refuelling stop.

Far from cabin traffic, in the quietest part of the aircraft, the aft stateroom—with its luxurious seating, full berthing divan, spacious wardrobe and independent temperature and entertainment systems—offers uncompromising serenity.

Here, the Global 6000 aircraft truly excels in ensuring that you reach your destination rested, refreshed and ready for the day ahead.

The cabin seats themselves are ergonomically crafted, with their substantial width, adjustable headrests, recliner-style leg-rests, and track and swivel capabilities—flexibility that allows you to comfortably berth and sleep seven during overnight flights.

Performance

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• Tokyo – Moscow 9 hours 25 minutes

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Automatic Refunds and No More Hidden Fees: D.O.T. Sets New Rules for Airlines

The Transportation Department issued new requirements on refunds when flights are canceled or delayed and on revealing “junk” fees before booking. Here’s what passengers can expect.

By Christine Chung

The Transportation Department on Wednesday announced new rules taking aim at two of the most difficult and annoying issues in air travel: obtaining refunds and encountering surprise fees late in the booking process.

“Passengers deserve to know upfront what costs they are facing and should get their money back when an airline owes them — without having to ask,” said U.S. Transportation Secretary Pete Buttigieg in a statement, adding that the changes would not only save passengers “time and money,” but also prevent headaches.

The department’s new rules, Mr. Buttigieg said, will hold airlines to clear and consistent standards when they cancel, delay or substantially change flights, and require automatic refunds to be issued within weeks. They will also require them to reveal all fees before a ticket is purchased.

Airlines for America , a trade group representing the country’s largest air carriers, said in a statement that its airlines “abide by and frequently exceed” D.O.T. consumer protection regulations.

Passenger advocates welcomed the new steps.

Tomasz Pawliszyn, the chief executive of AirHelp, a Berlin-based company that assists passengers with airline claims, called it a “massive step forward and huge improvement in consumer rights and protection” that brings the United States closer to global standards in passenger rights.

Here’s what we know about the D.O.T.’s new rules, which will begin to go into effect in October.

There’s now one definition for a “significant” delay.

Until now, airlines have been allowed to set their own definition for a “significant” delay and compensation has varied by carrier . Now, according to the D.O.T., there will be one standard: when departure or arrival is delayed by three hours for domestic flights and six hours for international flights.

Passengers will get prompt refunds for cancellations or significant changes for flights and delayed bags, for any reason.

When things go wrong, getting compensation from an airline has often required establishing a cumbersome paper trail or spending untold hours on the phone. Under the new rules, refunds will be automatic, without passengers having to request them. Refunds will be made in full, excepting the value of any transportation already used. Airlines and ticket agents must provide refunds in the original form of payment, whether by cash, credit card or airline miles. Refunds are due within seven days for credit card purchases and within 20 days for other payments.

Passengers with other flight disruptions, such as being downgraded to a lower service class, are also entitled to refunds.

The list of significant changes for which passengers can get their money back also includes: departure or arrival from an airport different from the one booked; connections at different airports or flights on planes that are less accessible to a person with a disability; an increase in the number of scheduled connections. Also, passengers who pay for services like Wi-Fi or seat selection that are then unavailable will be refunded any fees.

Airlines must give travel vouchers or credits to ticketed passengers unable to fly because of government restrictions or a doctor’s orders.

The vouchers or credits will be transferable and can be used for at least five years after the date they were issued.

Fees for checked baggage and modifying a reservation must be disclosed upfront.

Airlines and ticket agents are now required to display any extra fees for things like checking bags or seat selection clearly and individually before a ticket purchase. They will also need to outline the airline’s policies on baggage, cancellations and changing flights before a customer purchases a ticket.

The rules, which apply to all flights on domestic airlines and flights to and from the United States operated by foreign airlines, have varying start dates.

For example, automatic refunds must be instituted by the airlines within six months. But carriers have a year before they’re required to issue travel vouchers and credits for passengers advised by a medical professional not to fly.

Follow New York Times Travel on Instagram and sign up for our weekly Travel Dispatch newsletter to get expert tips on traveling smarter and inspiration for your next vacation. Dreaming up a future getaway or just armchair traveling? Check out our 52 Places to Go in 2024 .

Christine Chung is a Times reporter covering airlines and consumer travel. More about Christine Chung

Open Up Your World

Considering a trip, or just some armchair traveling here are some ideas..

52 Places:  Why do we travel? For food, culture, adventure, natural beauty? Our 2024 list has all those elements, and more .

Mumbai:  Spend 36 hours in this fast-changing Indian city  by exploring ancient caves, catching a concert in a former textile mill and feasting on mangoes.

Kyoto:  The Japanese city’s dry gardens offer spots for quiet contemplation  in an increasingly overtouristed destination.

Iceland:  The country markets itself as a destination to see the northern lights. But they can be elusive, as one writer recently found .

Texas:  Canoeing the Rio Grande near Big Bend National Park can be magical. But as the river dries, it’s getting harder to find where a boat will actually float .

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JetExpo 2016

International Exhibition Jet Expo is one of the most important annual events in the sphere of business aviation in Russia and CIS countries, which gives a unique chance to meet representatives of the industry on a single platform to discuss the future development and new contracts. From year to year the leading companies of business aviation industry from aircraft manufacturers to service companies, confirm their participation in this exhibition.

The Tenth International Business Aviation Exhibition Jet Expo 2016 will be held at the Centre of Business Aviation Vnukovo- 3 from 8 to 10 September 2016.

The success of last year exhibitions proved the relevance of this event at the Center for Business Aviation Vnukovo-3, which is considered to be a leader among the airports of business aviation flights in Russia and CIS countries. The nearness of Jet Expo exhibition hall with its area of 5000 square meters to the static display has many advantages for both exhibitors and visitors of the exhibition.

Business aviation is one of the fastest growing industries of Russian aviation market. Business Aviation Exhibition Jet Expo not only increases the prestige of the Russian Federation in the world, but also opens new perspectives for foreign companies on Russian market. It has already become a tradition that world’s leading manufacturers of business jets and helicopters participate in the exhibition organized by Vnukovo-3. On the static display they demonstrate such aircraft as Cessna Aircraft, Bell Helicopter, Embraer, Bombardier Aerospace, Dassault Aviation, Gulfstream Aerospace Corporation, Beechcraft Corporation, , Daher Socata and etc.

Center of Business Aviation Vnukovo-3 invites companies specializing in the field of business aviation market to take part in the unique International Business Aviation Exhibition Jet Expo 2016.

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Jet aviation vip cabin interior in acj319 hits static display at jetexpo 2016.

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Airbus shows ACJ319 at Jet Expo in Moscow

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Bombardier gets ready for JetExpo

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