Demand for business jets is beginning to recover, driven by higher corporate profits and the rise of worldwide GDP, according to the annual FAA Aerospace Forecast released last month.
Commercial aviation is the biggest impediment to business aviation’s growth in Asia, according to Tay Tiang Guan, deputy director general of the Civil Aviation Authority of Singapore (CAAS). He said the rapid growth of the commercial aviation sector is taking the lion’s share of regulators’ attention and dominating airspace.
Commercial aviation is the biggest impediment to business aviation’s growth in Asia, according to Tay Tiang Guan, deputy director general of the Civil Aviation Authority of Singapore (CAAS). Speaking at the ABACE show conference session yesterday, Tay admitted that the rapid growth of the commercial aviation sector is taking the lion’s share of regulators’ attention and dominating airspace.
With 154 aircraft, India may still have the Asia Pacific region’s second largest business jet fleet (China has an estimated 215 jets), but the industry’s growth continues to be stunted by a lack of a policy framework that applies to it, as well as by inadequate infrastructure and regulatory barriers.
China wants help developing a safe business-aviation operating environment, according to Xia Xinghua deputy administrator of the Civil Aviation Administration of China (CAAC).
After years of frustration, India’s business aviation community is hoping that a new report due to be published next month will trigger a sea change in government policy toward the industry. A team of representatives from the International Civil Aviation Organization (ICAO) and India’s Ministry of Civil Aviation is preparing for business and general aviation in India a blueprint that could form the foundation for a more transparent and consistent approach to both regulating and stimulating the industry.
Unless it is renegotiated and resolved, the European Union’s emissions trading scheme (ETS) may degenerate and lead to far-reaching damage to the traveling public and trade relations between countries, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA).
Matt Zuccaro, president of the Helicopter Association International (HAI), wants attendees of Heli-Expo to understand right up front that he and his association members are team players. “Too often in the past, helicopters were seen as a segment of aviation unto itself,” he explained. To help correct that misconception, Zuccaro invited the leaders of several key aviation associations to an onstage dialogue at 9 a.m., Monday, February 13.
The business aviation market in the Middle East is now at a crucial stage in its development and is poised to reach an annual value of $1 billion by 2018, according to Ali Al Naqbi, founding chairman of the Middle East Business Aviation Association (MEBAA).
The governing council of the International Civil Aviation Organization (ICAO), meeting on November 2 in Montreal, adopted a declaration opposing the European Union’s “unilateral” action to include non-EU aircraft operators in its emissions trading scheme (ETS) as of January. By endorsing the declaration, expressed in a “working paper” advanced by 26 countries, ICAO aligned with the international airline industry and a collection of countries including Brazil, China, the U.S., India, Japan and the Russian Federation, in fighting the EU requirement.