65% of air taxi passengers are new to business aviation, and it has become clear the business aviation cost-benefit analysis has changed.
“Our mission is to transform regional travel by providing new air travel options for people who value both their time and freedom from hassles,” said Linear Air CEO Bill Herp. (Silicon Valley Air Charter is a preferred vendor with Linear Air.)
Hidden Costs of Airline Travel
The success of these new air taxi/charter models relies on something everyone knows – time is money. But it is more than that. It is what they save the passengers with the hidden costs of airline travel. The loss of the out-and-back-in-one-day business trip forces more overall travel expenses including hotels and car rentals. Still, that is only half the story. Cancellations and delays provide the business case for these new companies.
Airline Schedule Problems Drive The Issue
Airline cancellations and delays have become the norm and are expected to rise exponentially. The United States Travel Association (USTA) reported in 2013 cancellations and delays cost passengers $8.5 billion in time lost, missed connections and missed travel activity each year.
Read the full story by Kathryn Cready in Forbes here.
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