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While this article does not explicitly discuss corporate aviation, it does introduce the importance of technology in aircraft and most importantly, the aviation sector. The advancement or introduction of new technology could increase the efficiency of corporate aviation. As mentioned in the article above, if technology improved in the coming years to the point of enabling remote piloting, this could reduce expenses for the corporation. This would allow more money to be invested into the company -ultimately having a positive impact on the corporation. This could potentially allow one remote pilot to control multiple consecutive flights, instead of having different pilots for different segments. This would be a cost-saving strategy for the corporation also.
Furthermore, increasing the technology associated with radio telecommunications could prove to revolutionise corporate aviation through enabling business calls and conferences to be hosted and live streamed from the sky. Although this is likely a long way off, it could increase the work efficiency of the corporate travellers – and in the long term, prove more beneficial for the company. This would allow those corporations that still need to attend in-person meetings due to the sensitivity of the content, or not able to get a clear connection (e.g., developing countries), to still communicate to and manage their office team in the headquarters.
On the other hand, the advancement of technology with livestreamed conferences, could also reduce the need for corporate aviation. The employees and managers would no longer be required to fly to another state or country to have a meeting – rather do a video call instead. This strategy may prove to be more cost-effective for many businesses due to the associated expenses of having a corporate aircraft. Associated expenses include: pilot training, maintenance and registration, licencing, fuel and airport tariffs. By reducing these expenses, it could allow the corporation to invest or spend more money in the important areas which ultimately are responsible for keeping the company alive. This would impact the general aviation sector today, as corporate aviation is a key part of that sector.
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