National Business Aviation Association

  • Tracey Cheek posted an article
    NBAA Welcomes Legislation Providing COVID-19 Relief see more

    Washington, DC, March 25, 2020 – The National Business Aviation Association (NBAA) today welcomed Senate passage of a $2 trillion stimulus bill that would grant relief to the nation’s aviation industry, including general aviation (GA), as it grapples with the staggering effects from the COVID-19 pandemic.

    The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed by the Senate today; the House is expected to likewise approve the legislation, with the President’s signature to follow shortly thereafter.

    Review NBAA’s analysis of key provisions for general aviation businesses in the CARES Act.

    NBAA President and CEO Ed Bolen pointed to several provisions in the bill that will benefit the GA community, including business aviation. These include additional relief for airports through a $10 billion increase to Airport Improvement Program (AIP) funding, with $100 million specially allocated to general aviation airports, in recognition of their critical importance to communities, particularly in times of crisis.

    The bill also contains relief from the 7.5% air transportation federal excise tax for general aviation commercial operations, including FAR Part 135 flights, and suspension of the commercial fuel tax until Jan. 1, 2021. NBAA successfully worked to have these measures extended to all GA operators that pay such taxes. 

    In addition, the CARES Act provides loans and grants to passenger and cargo air carriers, including general aviation commercial operators, such as FAR Part 135 charter providers. For these commercial passenger operators and FAR Part 145 repair stations, $25 billion in direct loans and loan guarantees are available. An additional $25 billion in grants are available to air carriers for the continuation of wage payments to workers. NBAA led a general aviation industry letter to lawmakers to ensure that general aviation commercial operators were eligible for these programs. Read NBAA’s letter in its entirety.  

    Additional loan programs for small and mid-size businesses are also made available under the measure, and while they are not specific to aviation, they may offer further assistance to the thousands of small and midsize aviation businesses in the industry.

    “On balance, this bill is helpful for general aviation,” Bolen said. “The industry clearly made its voice heard in ensuring that the important provisions for general aviation airports, general aviation commercial operators and other small businesses were considered as this legislation was assembled, and we look forward to the bill’s passage into law.”

    Contact: Dan Hubbard, 202-783-9360, dhubbard@nbaa.org

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    Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The association represents more than 11,000 companies and professionals and provides more than 100 products and services to the business aviation community, including the NBAA Business Aviation Convention & Exhibition (NBAA-BACE), the world’s largest civil aviation trade show. Learn more about NBAA at nbaa.org.

    Members of the media may receive NBAA Press Releases immediately via email. To subscribe to the NBAA Press Release email list, submit the online form.

    This release was originally published by NBAA on March 25, 2020.

  • Tracey Cheek posted an article
    FAA Responds to NBAA’s Call for COVID-19 Accommodations on Part 135 Training see more

    NAFA member, NBAA, shares FAA's response to call for COVID-19 accommodations on Part 135 Training.

    Faced with an unprecedented situation driven by the escalating COVID-19 pandemic, the FAA has answered NBAA’s call for the agency to take unprecedented steps to ensure that many charter operators are able to continue flying through the crisis.

    On March 25, the agency issued the following four exemptions in effect through May 31, 2020, and applicable to most Part 135 operators:

    • FAA-2020-0291, exempting Part 135 operators from the requirement that crewmembers don protective breathing equipment or oxygen masks during recurrent and upgrade training, testing and checking.
    • FAA-2020-0292, allowing Part 135 ground personnel and crewmembers to complete recurrent training and qualification activities up to three calendar months after the month that the activity was due to have been completed, for requirements that were due to be completed through May 31, 2020.
    • FAA-2020-0307, exempting Part 119 certificate holders, including some Part 135 operations, from the requirement that crewmembers don protective breathing equipment or oxygen masks during recurrent and upgrade training, checking and evaluation.
    • FAA-2020-0308, allowing Part 119 certificate holders, including some Part 135 operations, allowing ground personnel, crewmembers and dispatchers to complete recurrent training and qualification activities up to three calendar months after the month that the activity was due to have been completed, for requirements that were due to be completed through May 31, 2020.

    “We thank the FAA for its responsiveness to our request for these accommodations to ensure that business aviation operators will be able continue flying through this unprecedented and challenging situation,” said Brian Koester, NBAA director of flight operations and regulations. “As we continue to adapt to the realities of the COVID-19 environment, NBAA will work to ensure our industry is fairly represented in these and other actions taken to maintain our nation’s aviation infrastructure.”

    In issuing these exemptions, the FAA noted that the agency has circumvented the typical publication process in the Federal Register, as “delaying action would have an adverse and potentially immediate impact on [the] continuity of critical aviation operations essential to the public interest.”

    This article was originally published by NBAA on March 26, 2020.

  • Tracey Cheek posted an article
    Bolen Sternly Questions CNBC’s Recent Mischaracterization of Business Aviation see more

    NAFA member, NBAA President and CEO Ed Bolen responded strongly this week to a recent CNBC article about the general aviation community’s collective request for inclusion in a congressional COVID-19 relief package, saying the network’s coverage was based on a “pre-determined narrative” that cast the industry with a negative brush, while ignoring the reality of its pressing economic challenges.

    Bolen cited the pandemic’s impact on business aviation operations large and small, from the sweeping furloughs and layoffs at OEMs, maintenance facilities and other aviation businesses, to dwindling traffic at business aviation airports.

    Bolen also emphasized the industry’s efforts to support relief efforts against the pandemic, citing a family-owned maintenance company that has converted some of its operations over to production of protective face masks for humanitarian purposes.

    “All of this points to the larger picture missed in your report: As the U.S. economy moves rapidly from slowdown to shutdown, this critical industry, like countless others, is in need of support,” Bolen wrote. “By settling for sizzle over substance in a time of national crisis, CNBC is not only misinforming readers, but also attempting to smear a vital industry with a long history of serving the nation, and thousands of communities in times of need.”

    Review the CNBC article.

    This article was originally published by NBAA on March 26, 2020.

  • Tracey Cheek posted an article
    NAFA thanks sponsors and attendees for a successful NAFA/IADA Cocktail Reception 2018. see more

    October 22, 2018 – Orlando, FL –The National Aircraft Finance Association (NAFA) and International Aircraft Dealers Association (IADA) held the 13thannual Joint Networking Cocktail Reception at the Hyatt Regency Hotel on October 15 in Orlando, Florida. This reception is one of the most highly anticipated events of the National Business Aviation Association (NBAA) annual Business Aviation Convention. There were over 500 attendees. “We would like to thank everyone that joined us for this year’s reception and for the International Aircraft Dealers Association for co-hosting with NAFA,” said Ford von Weise, President of NAFA, and Senior Vice President of the Global Aircraft Finance Group at Citi Private Bank. “The opportunity to bring together business aviation industry leaders to discuss trends and ideas is invaluable as the industry continues to evolve.”

    A special “THANK YOU” to our Sponsors: Gold Sponsors1stSource Bank, JSSI and Wright Brothers Aircraft TitleSilver SponsorsAviation Legal Group, Insured Aircraft Title Service, Inc. and PNC Aviation FinanceBronze SponsorsGKG Law, Global Jet Capital, Jet Aviation, Satcom Direct and Rolls-Royce.

  • Tracey Cheek posted an article
    Latest Harris Poll Survey Reaffirms Importance of Business Aviation to Companies, Communities see more

    NAFA member, GAMA, releases the latest Harris Poll survey findings.

    Orlando, FL –– The General Aviation Manufacturers Association (GAMA) today joined with the National Business Aviation Association (NBAA) to release the findings of the latest survey conducted by The Harris Poll demonstrating the value of business aviation in providing safe, efficient transportation to companies of all sizes, particularly those located in smaller communities with little to no commercial airline service.

    “The Real World of Business Aviation: 2018 Survey of Companies Using General Aviation Aircraft,” represents a statistically valid representation of the use of business aircraft. The following are among the survey’s key findings:

    • Most users of business aviation are small companies employing 500 or fewer workers. Sixty-two percent of pilots and flight department leaders (identified as "pilots" for survey purposes) stated their companies utilize a single, turbine-powered aircraft.
    • Many business aircraft are largely flown to towns with little or no airline service, with pilots reporting that, on average, 31.5 percent of their flights over the past year were to destinations lacking any scheduled airline service.
    • Scheduling flexibility remains a key driver for business aviation, with 51.6 of passengers stating that traveling on business aircraft enables them to keep business schedules that could not be met efficiently using the scheduled airlines.
    • A significant portion of business aircraft passengers are technical specialists, managers and other company employees, as well as customers. These passengers spend an average of 63 percent of their time on board business aircraft engaged in work, compared to just 42 percent when traveling commercially. Furthermore, two-thirds of these passengers say they are more productive on business aircraft flights than when they are in the office.
    • During the past year, 38 percent of pilots reported flying business aircraft on humanitarian missions, averaging three such missions annually.

    "Since 2009, we've said, 'No Plane No Gain,' and this updated survey confirms the power of the slogan," said GAMA President and CEO Pete Bunce. "General aviation aircraft are indispensable business productivity tools, allowing flexibility, connectivity and efficiency. But they are also on the front line, providing an essential transportation and supply link for those in need around the world."

    “Once again, we see that business aviation is a vital tool for companies of all sizes, enabling passengers to use their travel time for more effectively and efficiently than alternatives, while also providing critical lift to smaller communities and areas in need of emergency relief,” NBAA President and CEO Ed Bolen said.

    The Harris Poll conducted 202 online interviews of pilots, flight department managers and directors of flight operations or aviation for this survey, with 276 interviews among passengers on business aircraft. Its findings are in line with previous Harris Poll surveys in 1997, 2009 and 2015. Like those examples, the 2018 study was conducted on behalf the No Plane No Gain industry advocacy campaign, co-founded by NBAA and GAMA.

    View the complete survey.

    This press release was originally published by GAMA on October 16, 2018.

  • Tracey Cheek posted an article
    AMSTAT to demonstrate AMSTAT for Salesforce® and upgraded collaboration tools at NBAA-BACE 2018. see more

    NAFA member, AMSTAT, to demonstrate AMSTAT for Salesforce® and hold two breakout sessions at upcoming NBAA-BACE 2018. 

    For immediate release

    Tinton Falls, NJ – October 4, 2018:  AMSTAT, for 35 years the leading provider of business aircraft market, fleet and operator information, will be demonstrating new services and running two breakout sessions at this year’s National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE).  Of note this year is the AMSTAT for Salesforce® app which enables subscribers using both the Salesforce® CRM and AMSTAT to maximize their use of AMSTAT data from within their contact relationship management software.

    AMSTAT for Salesforce® will enable users of Salesforce® to:

    • View AMSTAT contact and fleet data from within Salesforce® and significantly reduce the need to jump back and forth between the two applications;
    • Link current AMSTAT data to Salesforce® Accounts, Contacts and Leads, so the latest AMSTAT data is always displayed within the CRM;
    • Receive alerts for linked records from within Salesforce®, giving users a heads up on sales opportunities and changes in their territory;
    • Use AMSTAT data to create Salesforce® Accounts, Contacts and Leads and fuel the sales processes.

    Andrew Young, AMSTAT General Manager said, “Our investment in this solution will enable users to more fully utilize AMSTAT data within Salesforce® and reinforces our commitment to helping business aviation sales and marketing professionals achieve their goals”.  

    In addition to AMSTAT for Salesforce® the company will be offering an API that enables users of other CRM and third party applications to integrate AMSTAT data.    

    AMSTAT will also use NBAA-BACE 2018 to demonstrate several upgraded collaboration tools within their services. Chris Skurat, AMSTAT Director of Sales & Customer Service said, “AMSTAT subscribers have always been able to share proprietary notes, edits and report formats between users under the same subscription.”  He added, “AMSTAT has now added powerful notes management and search functionality and also the ability for users to store and share associated materials, such as contracts and pictures within the AMSTAT service making these materials accessible wherever they can login to AMSTAT.”  

    AMSTAT will also be holding 2 breakout sessions at NBAA-BACE, on Wednesday, October 17, 2018 at the Orange County Convention Center, Orlando, FL – Room N320C.  The first session, at 10-11am, will be an introduction to the new AMSTAT for Salesforce® app.  The second, at 3-4pm, will be a tutorial on using the AMSTAT Aircraft Valuation Tool, the cutting edge real-time aircraft values calculator released at last year’s NBAA-BACE convention.

    AMSTAT will be exhibiting at NBAA-BACE Booth #2275.

    About AMSTAT, Inc.

    AMSTAT is the leading provider of market research information and services to the corporate aviation industry.  Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information to corporate aviation professionals.  AMSTAT’s mission is to provide timely, accurate, and objective market information to its customers.  AMSTAT products and services provide aviation market and statistical information that generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers, and suppliers of aircraft parts and services.

    Information:

    AMSTAT, Inc.

    Andrew Young

    New Jersey: (732) 530-6400 x147

    andrew@amstatcorp.com

    www.amstatcorp.com

    Original Press Release published in AMSTAT on October 4, 2018.