National Business Aviation Association

Last updated

National Business Aviation Association
NBAALogo.png
Type Not for profit
Founded1947
Headquarters Washington, DC, United States
MembershipIndividuals and companies
Field Aviation advocacy
Number of members11,000 companies
Key PersonnelCEO: Ed Bolen since 2004
Chairman of the Board: Ron Duncan, GCI
Website nbaa.org

The National Business Aviation Association (NBAA) is a professional association and lobbying group for private business aviation. [1]

Contents

Overview

NBAA is set up as a 501(c)(6) non-profit entity. NBAA organizes conferences and seminars. [2]

Edward M. Bolen has been the president and CEO of NBAA since September 7, 2004. [3] The organization's Board of Directors includes Chairman Lloyd Newton of L3 Technologies, Inc. and Vice Chair/Treasurer Elizabeth Dornak of DuPont Aviation. [4]

Opposition to air traffic control privatization

NBAA's public policy initiatives in 2018 centered on the organization's opposition to air traffic control privatization. [5] The matter was debated in 2018 as part of the U.S. Federal Aviation Administration's (FAA) congressional reauthorization process. Various proposals for extracting and privatizing air traffic control (ATC) were debated. [6] NBAA's opposition to ATC privatization was motivated by the potential lack of representation on the AANS board (the proposed directors who would oversee a privatized ATC system). [7] "Critics say that, given where the members are drawn from, the board would end up controlled by airline-related interests. They worry that the focus would accordingly be on the major airline corridors, with rural airports and users becoming second-class (or maybe third- or fourth-class) citizens." [7] Ultimately, the FAA reauthorization was passed without including any ATC privatization measures. [8]

Taxation

The organization supported tax rules in the 2017 Tax Cuts and Jobs Act for deduction of business aircraft costs in the first year (also known as "immediate expensing"). [9]

In 2024, the NBAA opposed an Internal Revenue Service crackdown on tax write-offs for private jet travel. [10]

CEO Ed Bolen at EBACE 2018 Ed Bolen, Media luncheon, EBACE 2018, Le Grand-Saconnex (BL7C0474).jpg
CEO Ed Bolen at EBACE 2018

NBAA Meritorious Service to Aviation Award

The NBAA Meritorious Service to Aviation Award is an American award in aviation given annually since 1950 by the NBAA.

Past winners include:

References

  1. ↑ "Charity Navigator - NATIONAL BUSINESS AVIATION ASSOCIATION INC".
  2. ↑ "NBAA-BACE & Other Events". NBAA. March 2, 2021.
  3. ↑ "Edward M. Bolen, President and CEO". NBAA. August 25, 2020.
  4. ↑ "National Business Aviation Association Inc". Bloomberg.
  5. ↑ "Bolen Outlines NBAA's Opposition to ATC Privatization During Radio Show". October 20, 2017.
  6. ↑ "ATC Privatization: It's Back". Flying.
  7. 1 2 "AIR-TRAFFIC-CONTROL TURBULENCE". Business Jet Traveler.
  8. ↑ "Senate passes long-term FAA funding bill". Wichita Business Journal.
  9. ↑ "NBAA celebrates "major victory" for business aviation in new US tax bill". Corporate Jet Investor.
  10. ↑ "Biden Targets Private Jets in Hunt for Tax Revenue". New York Times. 2024.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.