Sat, Jan 01, 2005
But There's Still Plenty Of Work Ahead
By ANN Correspondent Aleta Vinas
"In 2004, NBAA Members
enjoyed passage of the American Jobs Creation Act of 2004 (HR
4520), which includes a provision extending for 12 months the
placed-in-service requirement for companies purchasing business
aircraft to qualify for bonus depreciation. As a result, companies
have a strong incentive to purchase new aircraft and invest in
corporate flight departments."
So says NBAA President and CEO Ed Bolen, who gave ANN his
organization's review of 2004 and the battle plan for the year
ahead.
"In another positive development this year, Rear Admiral David
M. Stone (Ret.), assistant secretary of homeland security for the
Transportation Security Administration (TSA), recently met with
NBAA to discuss access for business aviation to security-restricted
airspace and airports. Specifically, Stone referenced the
Transportation Security Administration Access Certificate (TSAAC),
developed by NBAA with the goal of obtaining the same level of
access for business aircraft operators to airspace and airports as
that currently given to scheduled airlines. Stone said that
TSAAC is likely to be modified and used to facilitate domestic
security access for the business aviation community, and NBAA looks
forward to working with TSA to make this happen."
"NBAA will remain
focused on issues of importance to our Members in the coming year,"
Bolen (right) continued. "One of our top priorities will be to work
with Congressional leaders to stop misguided attempts to impose an
unfair cost burden on the business aviation community for federal
air traffic services. Imposing even higher costs on business
aviation, as some are suggesting, will lead operators to use the
system less, diminishing business aviations contribution to
economic growth and investment.
"Given that business aviation contributes an estimated $100
billion each year to the U.S economy, and accounts for more than a
million jobs, a long-term, stable solution must be found to
preserve cost equity for all users of federal air traffic
services. NBAA looks forward to supporting Congressional
proposals that make cost fairness a reality."
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