Learn About the Principles Driving Business Aviation’s Development Across Asia-Pacific at ABACE2014

Feb. 25, 2014

Business aviation in China and across the Asia-Pacific region reached an important milestone last year with approval of a core statement of principles for the industry’s development by transportation ministers with the Asia Pacific Economic Cooperation (APEC).

As officials throughout China and other countries in the Asia-Pacific consider expansion of general aviation operations and infrastructure, the Asian Business Aviation Conference & Exhibition (ABACE2014) will feature an education session addressing these principles to strengthen the foundation and growth of business aviation in the region.

“APEC’s Statement of Principles for Business Aviation,” set for April 16, will offer the opportunity for ABACE attendees to learn about the APEC principles that offer clear examples of the many benefits business aviation provides for achieving business success in China and elsewhere in the region.

At their meeting last September, APEC ministers acknowledged that business aviation enables company personnel to reach several markets in a single day, unencumbered by commercial airline scheduling restrictions, and access hard-to-reach locations to meet with clients, consultants, business partners and prospective customers.

These vital capabilities benefit citizens, companies and communities across the Asian region, and in turn promote business investment, job creation, tax-revenue production and other benefits created by a robust business aviation sector.

“Recognition by APEC that business aviation operations should be treated as non-commercial, with the freedom to fly among all of the economies of the region, is essential to the growth of this vitally important mode of transportation in today’s global business environment,” NBAA President and CEO Ed Bolen said in Beijing, following the introduction of the APEC core principles.

NBAA has joined with other advocacy groups in the region, including the Asia Business Aviation Association (AsBAA), the International Business Aviation Council (IBAC) and the General Aviation Manufacturers Association (GAMA) in working with APEC officials to ensure the guidelines produce the regulatory regime for business aviation to operate in a safe, secure and standardized manner.

“APEC’s Statement of Principles for Business Aviation” takes place at 10:30 a.m. on the second day of ABACE2014. Invited speakers include Doug Carr, NBAA vice president, regulatory and international affairs; IBAC Director General Kurt Edwards; Ed Smith, senior vice president, international and environmental affairs at GAMA; and a representative with AsBAA.

ABACE2014 will be held at Shanghai’s Hongqiao International Airport from April 15 to 17.