Ten days after the Dow dropped 787 points in a week, one month from the presidential election, five months before extension of the FAA’s funding expires again and 14 months until a scheduled game-changing UN meeting on the environment, the 61st NBAA Annual Meeting and Convention opened yesterday with the business aviation industry booming, but with attendees looking over their shoulders as they wait apprehensively for the boom to fall.
National Business Aviation Association
As the stock market plunged in the backdrop, the 61st NBAA Annual Meeting and Convention opened today in Orlando, Fla., with the business aviation industry booming, but with attendees looking over their shoulders as they wait apprehensively for the boom to fall. The news is not all bad; industry forecasts predict a record number of deliveries this year and maybe even next year, with a slight trough expected in 2010.
Against the backdrop of a building economic crisis, a presidential race in which neither side seems particularly friendly toward business aviation and a vocal onslaught against “fat cat private jet polluters” from the airline and environmental lobbies, the NBAA Convention arrives in Orlando facing a range of difficult issues even as the industry’s overall health appears as strong as ever.
After more than 40 years operating business aircraft, Bristol-Myers Squibb is shutting down its Trenton, N.J.-based flight department. The company will sell its two Gulfstream Vs and Sikorsky S76Cs and terminate employment of 32 pilots, mechanics and department personnel. “Bristol-Myers is one of the founders of the NBAA,” said Christopher Griffin, v-p for aviation.
In the mid-1980s, NBAA’s annual conventions were drawing about 70 aircraft on the static display line. At last month’s New York-area NBAA regional business aviation forum and static display at Farmingdale, Long Island, there were 41 business aircraft on the ramp, spreading out and filling a closed runway for the one-day event.
NBAA and the General Aviation Manufacturers Association (GAMA) have denounced a report on private jet travel and the general aviation industry issued by the Institute for Policy Studies (IPS) and Essential Action (EA), two left-leaning Washington think tanks. In short, the report echoes the airline industry’s claim that GA does not pay its fair share of ATC costs and is the cause of airport congestion.
NEW ORLEANS, LA.– September in this Crescent City typically unwinds much like a sizzling escape valve. After the steamy summer, and a few degrees of cooler temperatures, this tropical town simmers down. Fall is prime time for exhibitions and conventions–a virtual industry for the city. The prospect of hosting NBAA 2001 was a highlight on the hospitality community’s to-do list.
NBAA held its annual meeting October 31 at its Washington headquarters, a move required by the association’s bylaws and the laws of the District of Columbia. The session would normally have been held at the annual meeting and convention, which has been postponed until this month.
The board of directors of the NBAA has approved the formation of a Local Business Aviation Organization Committee composed of representatives from local business aviation groups across the country. The interim chairman of the standing committee will be Richard Schuller of Schuller Aerospace Services International, who also is the president of the Arizona Business Aviation Association.
The European Business Aviation Convention & Exhibition (EBACE) is returning to the scene of its highly successful debut last April, when the second annual event opens its doors once again at Geneva’s Palais d’Expositions (Palexpo) from May 28 to 30.