Steve Forbes was the keynote speaker at Wednesday night’s ABACE gala dinner held at the Hongqiao Hilton hotel. The U.S. businessman, who is chairman of the Forbes Media group, is a passionate advocate for business aviation.
If there remained any doubt after its February 14 piece on the alleged excesses of “Air Bloomberg” (AIN, March, page 62), The Wall Street Journal effectively declared hostilities on business aviation last month.
The Republican-led House appropriations subcommittee on transportation, treasury and independent agencies last month approved a new transportation spending bill that would slash Essential Air Service subsidies from their current $113 million to $41.5 million. Sponsored by subcommittee chairman Rep.