“The correlation of new aircraft sales to U.S. GDP or corporate profits is typically very close,” he says. “The R-square statistical measurement is 0.9,” he says. “If you add 18 months of lag time to the peaks and valleys of business jet sales, the R-squared measurement between corporate profits and business jet sales is extremely high.”
According to NBAA’s Hubbard, industry data shows that flight hours are up. “If you look back to 2008, into the teeth of the greatest recession since the Great Depression, we saw steep drop-offs across the board. People were flying 40 percent less, and sales of aircraft of all types were in steep decline for the next two to three years,” says Hubbard. “We’re probably still down about 10 percent from 2007, which was the historical high watermark on hours flown, but we are gaining traction.”
Hubbard says gains have not always been continuous, month-over-month, and the numbers don’t match the heights of 2007, but since around mid-2011 to today, he has seen gains, and sales of new and pre-owned aircraft have continued to march higher.
“More companies and entrepreneurs are flying in North America than ever before, and we’re also seeing more international missions, as well.”
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
