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Business Jets

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    Business Jets Suppliers


    Business Jets Supplier

    Find the right-fit business jets supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ACCENTURE PUBLIC LIMITED COMPANY
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    6
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    58

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    90
    Social
    42
    Governance
    67
    6 Domains Performance (/100)
    Business behaviour
    58
    Human rights
    55
    Community Environment
    54
    Corporate governance
    72
    Human resources
    29
    Security Scorecard
    97

    Threat indicators
    A
    95
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    100
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    A
    98
    Application Security
    Detecting common website application vulnerbilities
    A
    94
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    99
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    accenture.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    9
    Human Rights Issues
    0
    Production Supply Chain Issues
    3
    Environmental Non Compliance Flags
    12
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    5
    Fraud Issues
    2
    Labor Health Safety Flags
    6
    Regulatory Issues
    3
    Workforce Disputes
    1
    Sanctions
    0
    esg energy transition
    80
    Discrimination Workforce Rights Issues
    5
    esg controversies critical severity
    No

    Business Jets market report transcript


    Global Market Outlook on Business Jets

    • COVID-19 has brought some uncertainty to the business jet market, where some buyers might be financially impaired and some may be more convinced of the value of aircraft ownership, due to slower rate of depreciation. However, in few regions, the adoption of private jets has increased due to theCOVID-19 crisis, as commercial aviation options are reduced or eliminated
    • The outlook is based on business aviation demand as measured in new business jet aircraft deliveries. In the next 8–10 years, it is forecasted that the demand for business jets will increase by 8,750 aircrafts, at a CAGR of 6 percent
    • The business jet market is expected to reach $37.5 billion by 2030, growing at a CAGR of 7.30 percent between 2020 and 2030. Theregional distribution indicates that North America has slower growth because public companies have contracted their spending and the generation of corporate and personal wealth has shifted to other regions
    • Corporate owners and operators are planning to replace or add up to 20 percent to their current fleet size

    Global Business Jets Market: Drivers and Constraints

    • The major drivers of the business jets market are geographical new models, technological advancements, and globalization of trade
    • Airport infrastructure and high taxes are some of the major constraints in the business jets market
    • During the COVID-19 crisis, the demand is strong for mid-size, large, very large, and ridiculously large corporate jets with really long legs, i.e., those capable of flying at least 7,000 miles unrefuelled. The recent COVID-19 pandemic showcased how useful private planes can be when commercial aviation options are reduced or eliminated in response to geopolitical or in this case of health emergencies

    Drivers

    New models in the business jets market and technological advancements: New models in the business jets market and technological advances are the major growth drivers that would also provide customers with alternatives to full aircraft ownership

    • Globalization of trade: Globalization of trade, thereby leading to expansion from inter-regional partners to globally connected economies, is also a growth driver in the business jet market
    • Rapid technological advancements in avionics, addition of new models, entry of new playersin business aircraft market and growing economies are some major factors supporting the growth of the business jet market
    • Usage of private jets during pandemic: A new set of high net worth individual customers and corporate users looking for safe travel with social distancing

    Constraints

    • Airport infrastructure
    • Slot allocation
    • Rising fuel prices
    • Regulations
    • Security issues
    • High taxes
    • Overall drop in business and leisure travel due to the pandemic
    • Economic impact of the pandemic

    Business Jets Market Overview

    • According to business jet market analysis, North America, Europe and CIS are mature markets while Latin America, Middle East and Africa, and APAC are growth markets. As product and service supply chains become more established and complex, the need for global business transport becomes a value advantage.
    • Also, the business jet market outlook shows that increasing complexity in regulations, ownership structures, reporting requirements and safety initiatives in 2018, and beyond, are requiring higher levels of experience and knowledge from aircraft management firms
    • An aircraft management company helps to remove this burden on an aircraft owner, or lead pilot, by providing a team of experts, who work cohesively behind the scenes and provide the best solutions with a greater influence of technology
    • Technological advancements are a driving force across multiple industries including business aviation 
    • Ground and satellite-based in-flight Wi-Fi, with speeds of 15mbps to over 70mpbs, are recently being made available on business jets. Travellers are also looking to stream and conduct video conferencing in the air. Apart from technology directly benefiting clients during travel, charter booking systems are also improving. Booking a private jet charter online without human interaction is now a reality 
    • There are significant advancements in the cockpit, with improvements to safety and situational awareness such as synthetic vision, active side-stick technology, near-visible and infrared spectrum sensors like the revolutionary FalconEye system developed by Dassault Falcon
    • Business jet operators face challenges due to environmental regulations.

    Why You Should Buy This Report

    • Information on the business jet market outlook, maturity, key trends, business jets market drivers and constraints, business jet market analysis, etc.
    • Industry outlook and Porter’s five forces analysis of the global business jets market
    • Supply trends and insights and profiles and SWOT analysis of major players like Gulfstream, Bombardier, Cessna, etc.
    • Cost element, pricing models, rental and ownership models, negotiation practices, etc.