Since the beginning of the economic crisis, European company executives flying in business jets largely have escaped being singled out as fat cats as infamously happened to the bosses of America’s big-three automakers when they flew from Detroit to Washington in three separate jets to ask for federal handouts in November 2008.
The British Business and General Aviation Association (BBGA) is looking for a new chief executive to replace Guy Lachlan, who will be leaving the organization in late June to pursue an opportunity outside aviation. BBGA has more than 160 member companies and represents a business and general aviation industry that is estimated to generate more than $5.3 billion for the UK economy.
Key airspace safety and modernization efforts contained in the Next Generation Air Transportation System (NextGen) will play a vital role in spurring long-term sustained growth in air travel and the nation’s overall economic health, the FAA predicts in its annual aviation forecast.
Describing general aviation as “an important part of our aviation infrastructure at Reagan National, James Bennett, president of the Metropolitan Washington Airports Authority, called for a relaxation of restrictions on GA flights at Ronald Reagan Washington National Airport (DCA).
The General Aviation Manufacturers Association (GAMA) and NBAA today released a new survey showing that recent portrayals of business aviation as mainly “fat cats” flying in large-cabin jets are inaccurate.
Shortly after congressmen Vernon Ehlers and Allen Boyd spearheaded the formation of a General Aviation Caucus in the House of Representatives in April, the group mobilized to rein in the Transportation Security Administration’s policymaking-by-decree practices.
The new Russian Business Aviation Association (RusBAA) has confirmed that the exceptional growth the country’s emerging business aircraft sector achieved in the past few years has been quickly rolled back to 2006 traffic levels as the global downturn has gripped the Russian economy.
Alliance for Aviation Across America, a Washington, D.C.-based general aviation advocacy organization, has released an economic impact study detailing general aviation’s value across the nation.
These are the hardest times the global business aviation community has ever faced, the industry was told by its leadership at yesterday’s opening general session of the EBACE show. Just as companies struggle to stay afloat in the treacherous undercurrents whipped up by a financial crisis of historic proportions, they are having to avoid being dragged down by the unwelcome weight of a new wave of regulatory requirements.