In written testimony delivered yesterday to the U.S. House Committee on Small Business, NBAA president and CEO Ed Bolen repeated the business aviation community’s support for legislative proposals to renew bonus depreciation for investments in strategic business assets, including aircraft. The committee held a hearing yesterday about extending the bonus depreciation for business investments that expired last year.
National Business Aviation Association
Hosting a record turnout of some 1,900 people, NBAA held a regional forum at Teterboro (N.J.) Airport today, with Jet Aviation devoting a hangar and much of its ramp space to hosting the 31 static-display aircraft at the New York-area gathering. There were 87 exhibitor booths at the one-day event. During the opening session, NBAA president and CEO Ed Bolen noted that 100 communities in the U.S.
NBAA applauded the Washington State legislature’s decision to scuttle a provision for an “onerous” tax proposal for aircraft in its annual spending bill. To oppose the tax hike, NBAA banded with other groups–including the Pacific Northwest Business Aviation Association, AOPA and the Washington Pilots Association–to form a unified grassroots coalition known as the Washington Aviation Coalition.
When the U.S. Senate passed its reauthorization bill for the Federal Aviation Administration in late March, the National Business Aviation Association (NBAA) and a host of other general aviation groups breathed a little easier.
NBAA applauded the Washington State legislature’s decision to scuttle a provision for an “onerous” tax proposal for aircraft in its annual spending bill. Final passage of the spending bill, which was approved without the tax on Monday, came near the end of a special legislative session called by Gov. Chris Gregoire after the regular session expired last month.
Rep. Vernon Ehlers (R-Mich.), a staunch ally of general aviation and a founder of the new House General Aviation Caucus, is retiring at the end of his current term in Congress at the end of this year. He currently serves on the House Transportation and Infrastructure Committee, which has jurisdiction over all modes of transportation, including aviation.
NBAA and the General Aviation Manufacturers Association (GAMA) were pleased to learn that the Obama Administration’s Fiscal Year 2011 federal budget proposal–released yesterday–does not include new user fees for general aviation. The previous proposal, issued a year ago, contained a provision that would “replace some aviation excise taxes with direct user charges” in 2011.
John Winant, NBAA’s first president, died on January 13 at the age of 85. Elected to the association’s board of directors in 1957, he became its first full-time head in 1971. During his 15-year leadership, NBAA’s membership tripled to almost 3,000 companies, and its annual meeting and convention became one of the world’s largest aviation events.
The aviation industry is mourning the death of Ed Stimpson last Wednesday morning at his home in Boise, Idaho. He was diagnosed with advanced lung cancer in June, though he was never a smoker. “The aviation world has lost one of the greatest statesmen it has ever known,” said NBAA president and CEO Ed Bolen. “For nearly 40 years, he has been a leader in shaping aviation policy, both in the U.S.
NBAA and AOPA will co-host a series of Light Business Airplane (LBA) conferences starting next year. Two LBA conferences will be held in 2010, the first in conjunction with the NBAA Convention in Atlanta next October and the second at AOPA’s Aviation Summit in Long Beach, Calif., the following month.