At a meeting today at ABACE 2014 in Shanghai, members of key business aviation associations updated attendees on the core Statement of Principles for Business Aviation approved by the Asia Pacific Economic Cooperation (APEC) ministers in September.
Asia-Pacific Economic Cooperation
“There has been an enormous amount of energy and enthusiasm here in Shanghai at ABACE, despite the change in weather from sunny skies on the opening day to rain yesterday,” National Business Aviation Association (NBAA) president and CEO Ed Bolen told AIN as he summed up the show so far.
Two years ago, explained Kurt Edwards, director general of the International Business Aviation Council (IBAC), the idea was floated that the Asia Pacific Economic Cooperation (APEC), which has the mission of improving economic growth in Pacific Rim countries, could also “improve the way that the economies facilitate the movement of business aviation within the region, because business aviation contributes to economic growth.”
On Friday, Asia Pacific Economic Cooperation (APEC) transportation ministers approved a core statement of principles that lay the foundation for business aviation’s growth in the Asia-Pacific region. The framework, which will be used by the ministers to begin drafting business aviation-specific regulations in their respective countries, was developed by a coalition of industry groups, including NBAA, GAMA, the Asian Business Aviation Association (AsBAA) and IBAC.
The NBAA Convention, to be held in late October in Orlando, Fla., will offer what the association bills as an “unprecedented chance” for attendees to have face-to-face discussions with people influential in aviation policies throughout Asia. As part of the show, the U.S. Trade and Development Agency (USTDA), Asia-Pacific Economic Cooperation (APEC) and U.S. Department of Transportation will sponsor a “reverse trade mission,” bringing regulators and policymakers from several Asian countries to Orlando for NBAA 2012 and then Washington, D.C., a few days after the convention.
The largest barriers to growth of business aviation in the Asia Pacific region are “infrastructure, infrastructure and infrastructure,” GAMA president and CEO Pete Bunce told AIN at ABACE 2012. “There really is no business aviation infrastructure yet in the region. With infrastructure, there would be even more growth opportunities for the industry here in China and, more generally, in the Asia Pacific,” he commented.
The largest barriers to growth of business aviation in the Asia Pacific region are “infrastructure, infrastructure and infrastructure,” General Aviation Manufacturers Association (Gama) president and CEO Pete Bunce told AIN here at the AB
The General Aviation Manufacturers Association is providing an industry perspective to authorities as countries on the Pacific Rim develop a common framework to facilitate business aviation operations under the auspices of the Asia Pacific Economic Cooperation (APEC) forum. At the ABACE show, AIN caught up with GAMA president and CEO Pete Bunce to learn more about how the association is helping to influence a business aviation-friendly infrastructure and regulatory environment in Asia.