NBAA President Addresses State of Business Aviation at Regional Forum

Event in Opa Locka, Florida was the first such NBAA event since 2020.

Michael Wildes

Thursday, February 03, 2022 at 03:32 PM ET

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“This is an exciting time for business aviation,” NBAA president Ed Bolen said. [Courtesy: NBAA]

Key Takeaways:

The business aviation industry is experiencing unprecedented growth and high demand, with strong sales, low pre-owned inventory, and a significant influx of new customers, presenting both exciting opportunities and operational challenges.
The National Business Aviation Association (NBAA) is prioritizing key areas to manage this growth and ensure the industry's future, including the widespread adoption and availability of Sustainable Aviation Fuel (SAF) to achieve net-zero emissions.
Other critical focuses for the industry include integrating emerging technologies like Advanced Air Mobility, strengthening workforce recruitment and retention, and leveraging new infrastructure initiatives and favorable tax incentives.

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The National Business Aviation Association (NBAA) hosted its first regional forum Wednesday in Opa Locka, Florida. It was its first of such events since February 2020, before the pandemic disrupted events of all sorts.

Indeed, it is clearly a unique time in the industry, as global trends have caused travelers to flood to business travel either through purchasing airplanes, or tapping the charter market for rides.