Anthony Tivnan, president of Magellan Jets, said that the best way to recession-proof your flight department is to prepare for both economic growth and a recession. Lessons learned in the last economic downturn are helping industry decision makers to see the continued value of using business aviation. During the last recession, “the more that I flew, the more that our business revenue increased, and it turned out to be the absolute best strategy,” said Brad Pierce, president, Restaurant Equipment World. Business aviation “was an investment and it turned out to be phenomenal for us.”
This week, NBAA Flight Plan host Pete Combs speaks with:
Michael Dyment, NEXA Capital Partners, founder, managing partner
Brad Pierce, Restaurant Equipment World, president and CEO
Throughout February, NBAA has marked Black History Month by recognizing the significant aviation contributions of African Americans and emphasizing the importance of ensuring our industry is open and welcoming to people from all backgrounds.
The FAA has been working with NBAA and others to address privacy concerns with the Privacy ICAO Address program (PIA), which recently was expanded beyond the contiguous U.S. to include overwater routes.
Flight data monitoring and data sharing are important tools to help identify potential safety risks before they become serious issues. That said, many operators are uncertain about how they work, what equipment is needed and what this information can offer their operations. NBAA has developed a new, comprehensive resource to answer those and other questions.
In this special edition of NBAA Flight Plan, podcast host Rob Finfrock gets a few moments in between conference sessions with NBAA President and CEO Ed Bolen to discuss the latest efforts by the association to highlight business aviation's societal benefits.