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As we head into the Dubai Air Show this month we are reminded of how truly global our industry has become. Over the past eight years the Dubai Air Show has seen a tremendous acceleration in growth, nearly doubling in size during that time. Almost 900 exhibitors from fifty countries attended last year’s MEBAA in Dubai despite it coming on the heels of the 2008-2009 Global Recession.
As I watched President Obama’s job’s speech recently, I was left with nothing but disappointment and bewilderment. How can the largest economic power on earth be so lost when it comes to the creation of jobs and economic prosperity? Almost every industry of significance - including the banking industry, real estate industry, oil and gas industry, large multinational companies and our own industry - have been verbally attacked in Washington in the last couple of years. Collectively these industries
As we approach the much-anticipated Shanghai International Business Aviation Show (SIBAS), I have been reminded of the positive impact that Business Aviation offers to the world’s fastest-growing economy - particularly with China’s private sector increasingly driven by competition, innovation and productivity.
As I prepare to attend MEBA again this year, I am reminded of the incredible explosion in infrastructure within the United Arab Emirates and Dubai in particular. Dubai and other nearby emirates, to their credit, boast the most modern buildings, transportation infrastructures and cultures.
A famous quote from former President Ronald Reagan in the 1980s reads: “There are no constraints on the human mind, no walls around the human spirit, no barriers to our progress except those we ourselves erect.” This was clearly directed at the barriers our government erects at the expense of the people it has been elected to protect.
My previous two articles centered upon repairing corporate aviation’s image to the general public. While much work remains to be done, overall the fierce attacks on our industry seem to have subsided. Stories in the press such as Avjet’s flight to North Korea assisting ex-President Clinton in winning the successful release of two imprisoned US reporters, or the hundreds of flights into Haiti using private jets to transport urgently needed aid have been a move in the right direction. However, the
My last article centered on the negative media surrounding our industry and the tepid and muted response our industry provided. As I pointed out, we have reached a crossroads in the global crisis and general aviation is facing a long journey to rebuilding the public’s perception of our existence.
Corporate Aviation’s tepid response The great billionaire investor Warren Buffet once said, “It takes 20 years to build a reputation and five minutes to ruin it.”In the case of general business aviation, it seems it took even less time than the five minutes Mr. Buffet quoted. General Aviation, along with some of the other more severely affected industries such as real estate, banks and autos can trace most of their crisis moments to a specific date or occurrence; be it the ...