NBAA released a new study today showing that even during the worst economic times since the Great Depression, companies that relied on business aviation outperformed those that did not. According to NBAA, the companies that use business aircraft have better shareholder value and recovered from the recession more quickly than their peers.
National Business Aviation Association
Aviation accident statistician and former member of the NBAA board of directors Robert E. Breiling is this year’s recipient of the John P. “Jack” Doswell Award, granted annually for lifelong individual achievement in supporting business aviation.
Virtually every industry and profession in America enjoys the backing of an association and its lobbyists. And it doesn’t matter whether those lobbyists represent funeral directors, textile manufacturers, dairy farmers or dental consultants.
FAA Acting Administrator Michael Huerta will be a featured speaker during the opening general session at the 65th NBAA Convention, which will be held from October 30 to November 1 at the Orange County Convention Center in Orlando, Fla. “NBAA is honored to include Michael Huerta during the kickoff event to this year’s convention,” said NBAA president and CEO Ed Bolen. “His insights on a variety of issues of importance to the business aviation community will be of great interest to all attendees.”
NBAA will hold a business aviation regional forum next Thursday at Clay Lacy Aviation at Seattle Boeing Field. The agenda at the day-long forum includes a general session presented by NBAA president and CEO Ed Bolen, as well as sessions on upset recovery and stall prevention, paper to digital chart transitioning best practices, future air navigation systems and business aviation taxes. There will also be an exhibitor hall and aircraft static display area.
NBAA and AOPA are using the political conventions in the U.S. this week and next as platforms to highlight the value of general aviation to policymakers and opinion leaders. They are at the Republican National Convention this week in Tampa, Fla., and will be at the Democratic National Convention next week in Charlotte, N.C.
Former NBAA director Robert Breiling will receive the association’s John P. “Jack” Doswell Award at the NBAA Convention in late October. “NBAA is proud to recognize Breiling’s outstanding contributions to the business aviation community,” said NBAA president and CEO Ed Bolen.
Neil Armstrong, the first man to walk on the moon, died Saturday of complications from heart surgery. Besides serving as a NASA astronaut, Armstrong was a project pilot on many pioneering high-speed aircraft, including the Mach 5 North American X-15. During his career, he piloted more than 200 different aircraft types, including jets, rockets, helicopters and gliders. Armstrong was also an aerospace engineer and university professor.
NBAA membership recently topped 9,000 companies, a new record reflecting a growth rate of 25 percent in recent years. “Our membership growth is testimony to the value of business aviation and NBAA’s role in representing this essential industry,” said Ed Bolen, NBAA president and CEO. “Now more than ever, businesses depend on the use of aircraft to remain competitive and successful in a highly challenging global marketplace.” NBAA was established in 1947 with 19 charter members. Today, the association represents some 9,103 companies of all sizes in the U.S.
NBAA has commissioned from Nexa Advisors a fourth installment in a series of studies that analyze the value of business aviation. This new study, which will examine how companies that use business aviation fared during the recent economic downturn, will be completed in time for the NBAA Convention, to be held October 30 through November 1 in Orlando, Fla.