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 a significant post-pandemic boom with strong sales and high demand, as highlighted at the NBAA's first regional forum since early 2020.
Key priorities for the industry include the widespread adoption of Sustainable Aviation Fuel (SAF) to achieve net-zero emissions by 2050, and the integration of emerging advanced air mobility (AAM) technologies.
Amidst rapid growth, the industry is focused on addressing challenges in workforce recruitment and retention, while also advocating for new infrastructure development and favorable tax incentives like bonus depreciation.

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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.