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NBAA Update #06-16
Monday, April 17, 2006

NBAA Update is the National Business Aviation Association's weekly e-mail newsletter, providing the latest operational, regulatory and political news for the business aviation community. Subscribe for free or review the archives at www.nbaa.org/update. Send your comments about NBAA Update to [email protected]. Send address changes to [email protected].


Business Aviation News & Issues
NBAA Comments on SEC Rulemaking
NBAA has filed comments with the Securities and Exchange Commission (SEC) in response to its notice of proposed rulemaking (NPRM) regarding executive compensation and related party transaction reporting requirements. While the NPRM addressed a variety of proposed regulations, NBAA's comments were limited to the SEC's request for information with respect to the valuation of perquisites and other personal benefits, such as personal use of employer-provided aircraft. NBAA agreed with the SEC's assessment that the current standard of reporting perquisites and other personal benefits – aggregate incremental cost – is the proper valuation methodology. For an aircraft owned by a company, aggregate incremental cost would be the aircraft's direct operating costs for a personal flight. View NBAA's comments at:
http://www.nbaa.org/taxes

Two FAA Wet Lease and Operational Control Briefing Sessions This Week
Special FAA briefing sessions to discuss new guidance relating to wet leases and operational control issues for Part 135 on-demand air charter operators have been announced for the Eastern Region. This week's meetings will be held in Newark, NJ, on April 18 and at Washington Dulles International Airport (IAD) on April 20. FAA officials will address aircraft owners, charter operators and FAA inspectors. These meetings are being hosted by NATA and NBAA at no cost to attendees. All aircraft on Part 135 are affected by this new guidance and change to the operational control operations specification. Numerous other briefing sessions will be held throughout the country over the next two months. Please register on-site for the April 18 session (details at http://web.nbaa.org/member/ops/part135/wetlease) and online for the April 20 session at:
http://www.nata.aero/events/event_detail.jsp?EVENT_ID=521

More Than 1,100 Visit Dallas Regional Forum, Breaking Attendance Record
The NBAA Business Aviation Regional Forum held last Thursday, April 13, in Dallas, TX, was the largest Regional Forum to date, breaking the attendance record that was set in November 2004, the last time the Regional Forum was held in Dallas. The 2006 Dallas Regional Forum drew more than 1,100 people to the Business Jet Center facility on Dallas Love Field (DAL) in Texas, where over 80 Exhibitors and 25 business aircraft were on display. Upcoming Regional Forums are planned for June 8 at Washington Dulles International Airport (IAD) in the Washington, DC, area, and November 16 at Long Beach Airport (LGB) in Long Beach, CA. For more information about upcoming events, visit http://www.nbaa.org/forums. View photos of the Dallas event online at:
http://www.nbaa.org/news/photos/20060413/

FAA Releases Airspace Flow Program Advisory Circular
The FAA has released Advisory Circular (AC) 90-102 on the subject of Airspace Flow Programs (AFPs), a new traffic management initiative. Written in a reader-friendly, question-and-answer format, the AC addresses AFP basics as they relate to general aviation operators. NBAA has been reporting on AFPs since January 2006. Last week, NBAA's newest publication, NBAA Navigator, was released as a companion piece to the FAA's AFP briefing materials. Download the Advisory Circular and other AFP-related material, including the premier issue of NBAA Navigator, at:
http://www.nbaa.org/afp

Deadline for Compensation & Benchmark Survey Extended to Apr. 26
The deadline for participating in the 2006 NBAA Compensation & Benchmark Survey has been extended to April 26. This survey was developed to help NBAA Member Representatives and their company salary administrators evaluate their flight departments by providing a comprehensive review of aviation department personnel salaries and operational data. All NBAA Member Representatives for companies that operate aircraft are eligible to participate. Participants will receive free online access to survey results once compiled. For more information, contact NBAA's Sarah Dicke at [email protected] or visit:
https://secure.nbaa.org/member/ops/cbs

EBACE2006 Opens in Two Weeks
Close to 9,000 people from Europe, the U.S., the Middle East and North Africa are expected to attend the 6th Annual European Business Aviation Convention & Exhibition (EBACE2006), which will be held May 3 through 5 in Geneva. To date, 288 Exhibiting Companies are slated to display their products and services in 1,206 3-meter by 3-meter booth spaces at Geneva Palexpo, and more than 45 state-of-the-art business aircraft will be on display at nearby Geneva International Airport. By comparison, last year, a record 7,667 Attendees viewed the products and services of 278 Exhibitors. At EBACE2006, Attendees will have the opportunity to speak directly with notable officials, including representatives from EASA, Eurocontrol, the European Commission and FAA. Learn more or register at:
http://www.ebace.aero

What Commercial Flights Are Not Subject to a Customs Inspection Fee?
When arriving into the United States from a foreign location, commercial operators must collect and remit several federal inspection fees. One of these fees, the Customs & Border Protection user fee, is $5 per person. However, passengers arriving from Canada, Mexico or a territory, possession or any adjacent island are exempt from this fee. Territories and possessions of the United States include American Samoa, Guam, the Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands. Adjacent islands include Saint Pierre, Miquelon, Cuba, the Dominican Republic, Haiti, Bermuda, the Bahamas, Barbados, Jamaica, the Windward and Leeward Islands, Trinidad, Martinique, and other British, French and Netherlands territory or possessions in or bordering on the Caribbean Sea. For more information, visit:
http://web.nbaa.org/member/ops/intl/customs/

Cutter Aviation

Regional News
Maine Activities Show How Regional Groups Can Make a Difference
Members of regional business aviation organizations often ask NBAA how they can positively impact local or state laws affecting their businesses. Here's just one example: Over the past year, the Maine Business Aviation Association has worked to demonstrate to the state legislature how a tax exemption for business aircraft could financially benefit the state of Maine. Governor Baldacci recently signed into law LD 1698, which exempts taxes on aircraft services for those exceeding 6,000 pounds and allows transient aircraft to avoid a residency tax after 20 days in Maine. This new law increases Maine's ability to compete with its neighbors, reduces costs for its resident operators and will increase aviation business activity. If your airport or state has an issue to tackle, join or form a group and seek a change. For contact information, visit:
http://www.nbaa.org/regional

Centennial Airport: A Tough Balancing Act to Follow
For the airport management at Centennial Airport (APA) in Denver, CO, building community support is a top concern and something that has been achieved largely by finding a balance between aviation and non-aviation projects. Not only is APA the second busiest general aviation airport in the country, home to more than 700 general aviation aircraft and a regular stop for seven of the Fortune top 10 companies, but it also is a magnet for the types of non-aeronautical assets that boost revenue and community buy-in. For the complete report on APA, which is part of an ongoing series of NBAA airport reports, visit:
http://www.nbaa.org/ops/airports/apa/

Bolen to Speak at Westchester Business/Aviation Community Luncheon on Apr. 26
NBAA President and CEO Ed Bolen will join Eclipse Aviation CEO Vern Raburn and FAA Deputy Administrator Robert Sturgell at the Westchester Aviation Association's (WAA's) Third Annual Business/Aviation Community Luncheon, a community event designed to showcase the involvement of businesses and aviation in humanitarian and educational initiatives. The luncheon will include a display of very light jets and honor organizations involved with the WAA Aviation Career Fair as well as two charitable organizations, Corporate Angel Network and Angel Flight Northeast. The event will take place on Wednesday, April 26, at 11:00 a.m. in Hangar E at Westchester County Airport (HPN), 85 Tower Rd., White Plains, NY. For more information, contact NBAA's Dean Saucier at [email protected].

North Florida Group to Meet in Jacksonville on May 10
The North Florida Business Aviation Association (NFBAA) will hold a luncheon meeting at 12:00 noon on Wednesday, May 10 at Signature Flight Support on Jacksonville International Airport (JAX). Bill Johnson, executive director of the Florida Airports Council, will be the featured speaker at this event, which will be sponsored by Jet Support Services Inc. Send RSVPs to [email protected]. For more information, contact NFBAA's Pat Mulvihill at [email protected] or NBAA's Harry Houckes at [email protected].

EBACE2006

NBAA News
ExxonMobil Manager, NBAA Board Member Pat Andrews Addresses WAI Conference
Pat Andrews, manager of aviation services for ExxonMobil and a member of NBAA's Board of Directors, recently served as luncheon keynote speaker for Women in Aviation, International's (WAI's) March 2006 conference. More than 3,000 people from all segments of the aviation industry were in attendance at the event, themed "Reaching New Heights of Success." Addressing those at the conference, Andrews observed: "Success is making choices. Some are easy, some are hard, and some are terrifying. We never have all the information we need when a choice confronts us. But once a choice is made, we move to the next one and that's progress that allows us to reach new heights of success." Read her full remarks at:
http://www.nbaa.org/news/AndrewsWAI200603.php

Flight Attendants Conference Details Now Online
The NBAA 11th Annual Flight Attendants Conference, slated for June 23 and 24 in Denver, CO, is designed to benefit corporate flight attendants, flight technicians and other flight department professionals. This Conference covers issues such as cabin safety and security, corporate aircraft passenger service, catering and professional development. For agenda, registration, hotel and other details, visit:
http://www.nbaa.org/cs/fltatt/2006/

Advertising Opportunities Available for NBAA Update
NBAA Update, business aviation's most informative e-mail newsletter, offers several advertising opportunities designed for your company to reach a wide audience of business aviation professionals. More than 17,000 subscribers from all segments of business aviation receive NBAA Update each week. To learn more or to reserve your spot, contact Melissa Murphy at [email protected] or visit:
http://www.nbaa.org/about/ratecard/update.php

NBAA2006

Upcoming NBAA Events
Maintenance Management Conference
April 17–19, 2006, Dallas, TX

Maintenance Manual Workshop
April 20, 2006, Dallas, TX

Professional Development Program Course: Applied Economics and Marketing
April 20, 2006, Dallas, TX

6th Annual European Business Aviation Convention & Exhibition (EBACE2006)
May 3–5, 2006, Geneva, Switzerland

Emergency Response Planning Workshop
May 8–9, 2006, Phoenix, AZ

FSF/NBAA 51st Annual Corporate Aviation Safety Seminar
May 9–11, 2006, Phoenix, AZ

Business Aviation Taxes Forum
June 2, 2006, San Francisco, CA

Business Aviation Regional Forum
June 8, 2006, Washington, DC

IS-BAO Implementation Workshop
June 9, Washington, DC

Flight Operations Manual Workshop
June 19–20, 2006, Denver, CO

Management Fundamentals for Flight Departments Workshop
June 21–22, 2006, Denver, CO

11th Annual Flight Attendants Conference
June 23–24, 2006, Denver, CO

4th Annual Latin American Business Aviation Conference & Exhibition (LABACE2006)
August 10–12, 2006, São Paulo, Brazil

Review the Full NBAA Events Calendar
http://www.nbaa.org/events

Review Future NBAA Convention Dates
http://www.nbaa.org/conventions/futuresites.htm

NBAA Seminars

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