Europe’s continued–and in some respects worsening–economic troubles give little grounds for optimism, and yet industry mood ahead of the 13th annual European Business Aviation Convention & Exhibition (EBACE) appeared to be surprisingly bullish. This may be due in part to the success of the show (May 21 to 23) in attracting both exhibitors and visitors from well beyond the cash-strapped continent.
European Business Aviation Association
“There are still a number of battles to win if we are to see business aircraft flight activities in Europe return to pre-crisis rates,” EBAA chairman Rodolfo Baviera said at the association’s annual general meeting, held on Friday in Brussels. “EBAA has established a set of key priorities aimed at removing growth barriers for our sector–be they financial or operational–to ensure that we can continue meeting the demand” for business aircraft travel.
NBAA has changed the name for its largest annual U.S. event from “Annual Meeting & Convention” to “Business Aviation Convention & Exhibition” (BACE), the association announced yesterday. The new name for NBAA’s flagship event brings it into alignment with the other dedicated, business-aviation-only shows that the group co-hosts around the world, including EBACE in Europe and ABACE in Asia.
The Middle East Business Aviation Association (MEBAA) general assembly elected two new board members yesterday and held a workshop for its MEBAA aviation insurance scheme (MAIS). Saudia Private Aviation managing director Wajdi Al Idrissi and Comlux president and CEO Richard Gaona were elected to the association’s board, where they join other industry leaders to promote business aviation in the Middle East.
The Gulf region is in need of a sound regional business aviation policy and is suffering from lack of a dedicated regulatory environment, said London-based lawyer Aoife O’Sullivan during a break yesterday from overseeing several business aircraft transaction on the fringes of MEBA 2012 in Dubai.
The evils posed by the gray market, the disconnect between regional operators and regulators as they attempt to curb it, and the problem of perception for business aviation in the Middle East, dominated the discussion at the second biennial MEBA Conference (MEBAC), which convened at the Dubai Marina on the eve of the show.
The business aviation lobby broadly welcomed the European Commission’s sudden suspension of the application of its controversial emissions trading scheme (ETS) for flights in and out of the European Union (EU). The move seems to head off the immediate threat of a trade war with major powers such as the U.S., China, Russia, India and Japan but, significantly, ETS will still apply to intra-EU flights, regardless of whether or not the operators involved are based in the EU.
The Middle East Business Aviation Association (MEBAA) hosted the first Jordanian Regional Forum at the Dead Sea resort of Sweimeh on October 8. The agenda for the event, which was sponsored by the Ayla Aviation Academy, included issues such as local restrictions on airspace and airport access, enhancing safety audits, crisis management techniques and reducing so-called gray market, illegal charter activity.
A study commissioned by the European Business Aviation Association (EBAA) and released yesterday outlines business aviation’s significance in Europe and quantifies how its activities directly and indirectly contribute to the region’s economies. The report, which was compiled by Oxford Economics, confirms that business aircraft primarily carry key corporate decision-makers on high value-added trips.
The Italian government has approved an amendment to the contentious tax on business aircraft that it made law on April 29. Now, foreign-registered aircraft operated privately will incur the tax only if they stay for 45 consecutive days, rather than the 48-hour threshold in effect until now.