National Business Aviation Association

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National Business Aviation Association
Type Not for profit
Founded 1947
Headquarters Washington, DC, United States
Membership Individuals and companies
Field Aviation advocacy
Number of members 11,000 companies
Key Personnel CEO: 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]

Overview[edit]

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[edit]

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[edit]

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

NBAA Meritorious Service to Aviation Award[edit]

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

Past winners include:

References[edit]

  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. ^ a b "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.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=National_Business_Aviation_Association&oldid=1214896245"