When you picture an executive jet, what comes to mind? Perhaps posh leather seats and a glass of champagne? Men and women in power suits relaxing? Gourmet meals rolled on platters?

Luxury is the first thing that comes to mind for many Americans, but in the world of business, a private jet is far more than a pleasant perk. Private jets became closely associated with winning companies for a reason: they offer unique advantages at the executive level that are not matched by any other method of transit.

Every business leader knows that an executive’s most important role is networking. This includes private receptions and social events, as well as major public occasions. Ideally these events would always be planned well in advance, but oftentimes opportunities come unannounced: the spontaneous invitation from a valuable contact, or the late-breaking change in a PR plan, for example.

Compounding this is the global nature of business. Friday’s gala may not be in the same city as Wednesday’s conference – or even on the same continent. Putting key executives in the right place at the right time is a large part of public relations and high level networking. This is why companies have come to rely so heavily on the executive jet.

In the world of business, any lost opportunity translates to lost profit. While private jets can be seen as a luxury or a perk, a successful company will view them as far more than that: a chance to bridge gaps, extend reach, and maximize impact.