The European Business Aviation Association (EBAA) is tackling the headaches facing those trying to secure funding for new and preowned aircraft with the recent formation of a finance and leasing working group to report to its associate members advisory committee (AMAC). The group will be chaired by Aoife O’Sullivan, a partner with London-based aviation law firm Gates and Partners.
European Business Aviation Association
Business aviation in Europe has been around a while, but it still has some growing up to do, according to Fabio Gamba, new chief executive of EBAA. Gamba, a former airline lobbyist who joined the association less than a year ago.
NBAA and the European Business Aviation Association are gearing up for the 12th annual European Business Aviation Convention & Exhibition (EBACE), which starts on Monday in Geneva. “From a number of measures,” an NBAA spokesman told AIN, “it’s clear that this year’s EBACE is shaping up to be as strong as or stronger than last year’s show.”
The Italian government is considering granting foreign-registered aircraft an exemption from the business jet tax it enacted late last year. The tax, which currently imposes a levy on all civil aircraft that spend more than 48 hours on the ground in Italy, could total more than $393,630 annually for aircraft weighing more than 10,000 kg/22,046 pounds, NBAA has estimated.
While Europe’s economies continue to struggle, and in some cases flirt with disaster, there might be a case for playing down expectations over prospects for the annual European Business Aviation Convention & Exhibition (Ebace). But the highly successful show has defied general economic pessimism in the years since the financial crisis took hold in the Old World in 2008, and the 2012 event (May 14 to 16) looks as if it could be no exception when it opens again in Geneva, one of Europe’s most prosperous cities.
The European Business Aviation Association (EBAA) wants aircraft operators, airports, FBOs and brokers to be more active in reporting illegal charter activity. The group believes that illegal charters now account for at least 6 to 8 percent of all business aviation traffic in Europe, representing some 45,000 movements per year.
This summer’s London Olympics dominated the agenda at the British Business and General Aviation Association (BBGA) annual conference on March 6, with the group’s patron, Prince Michael of Kent, reminding members that this is an opportunity for the industry to shine. While the high-security event poses plenty of challenges, it should provide a welcome boost to a largely service-based industry that generates almost $3.2 billion for the UK economy each year.
Jet Aviation announced the appointment of Judith Moreton today as the company’s new vice president and general manager at its London Biggin Hill FBO and maintenance facility. The 25-year aviation veteran has previously held several high-ranking positions, including senior management positions with Shell Aircraft, operations manager for UPC Aviation Service and managing director of Bombardier Skyjet. In 2007 she received an award from EBAA for her outstanding contribution to business aviation.
Operators flying in Europe can expect overall charges such as airspace and airport fees (including noise tariffs) to double when European Union Emissions Trading Scheme (EU-ETS) costs are added in for transatlantic flights. According to a preliminary report obtained last month by AIN from UK-based EU-ETS consultants SustainAvia, a U.S. Part 91 corporate flight department flying 15 round trips per year from New York JFK to Munich Airport in a Gulfstream G450 could pay nearly $35,000 annually in EU-ETS fees. That comes to more than $2,300 in extra costs per round trip to Europe.
The European Business Aviation Association (EBAA) has urged the European Commission (EC) to correct what it views as anti-competitive aspects of its controversial emissions trading scheme (ETS). Unlike NBAA in the U.S., which has joined calls for ETS to be abandoned altogether for non-European operators, the European group supports ETS “as part of a multi-pronged approach to mitigating the rise of carbon emissions,” but is calling on the EC to ensure “fair and equitable implementation.”