UAS Executive Management share their insight into entrepreneurialism, leadership, and excelling in business.
EBACE, like all other major industry events, is the perfect opportunity to inspire idea-sharing and create synchronicities. We at UAS wanted to bring different experts together to share their visions and hopes for the future, to give their companies a platform, and to support their ambitions to bring our industry forward. Therefore, we created The Forward Discussion and invited diverse experts to join us at our booth and discuss some of the most prominent trends in business aviation. Our second panel centered on sustainability and posed the question: How can we create a sustainable future for business aviation?
In the dynamic world of business aviation, day-to-day operational challenges mean that focusing on the long term is often put off till another day. Nonetheless, developments in sustainability, new technologies, and regulations are reshaping our industry. At the EBAA Ambassador’s Thought Leadership Session at EBACE, my fellow panelists and I were asked to reflect on the evolutions that will impact business aviation in the years to come and discuss strategies to embrace future changes for the benefit of the whole industry.
Having great industry data and insight available and easily accessible is such amazing support because it inspires market confidence, informs strategy, and—most importantly—creates a supportive community. Asian Sky Media’s latest fleet report for 2021 is a good example of this. It provides a comprehensive and in-depth examination of the Asia Pacific fleet so readers get all of the information to consider. The other extremes are agenda-based headlines and clickbait which misleads and doesn’t give the full picture.
The innovation that’s characteristic of the aviation industry is demonstrated in how brands are using the metaverse to showcase their offerings. The metaverse is a digital space that allows platforms using augmented reality (AR) and virtual reality (VR) to create immersive audience experiences like never before, and it’s about to revolutionize how we interact online.
The right fuel partner can make or break an operator. Jet fuel consumption represents the largest outgoing for airlines and operators. According to Statista, commercial airlines used 95 billion gallons (431 billion liters) of fuel in 2019. This dropped to 52 billion gallons in 2020 but has been consistently on the rise again ever since the height of the pandemic. Cost efficiency has never been so important, so I’m sharing five questions to ask yourself to make sure you choose the right jet fuel partner to meet your needs.
2021 was a year of excellent growth in our industry, and the WingX figures from January 2022 confirm activity and demand continue to rise – great news of course, but not without it’s challenges too. In a recent BNAA ‘News Hour’ webinar that marked the anniversary of the National Business Aviation Association, some of the US’ top experts discussed the BA outlook for 2022. They cited a rapidly growing demand for personnel as a key issue, along with huge MRO backlogs of up to six and eight months, and a decline in maintenance technician pools. It seems that some investment is needed to properly facilitate this continued growth.
Most people have the wrong idea about private aviation. Of course, anyone involved in the industry understands its value and benefits, but there are many others that hold dated and misinformed views. So, today I’d like to debunk three long-standing and damaging myths about business jet travel.
2021 saw business aviation demand flourish and enjoy a recovery that many wouldn’t have dared to dream. But the rise of the Omicron variant at the end of the year caused many countries to return to tight travel restrictions. Now at the beginning of 2022, it seems that we are returning to more international travel but to make assumptions about what could potentially happen throughout the year ahead is folly. What we can do is use the experience of 2021 to predict some business travel trends that will strengthen in 2022. Notwithstanding that travelers and operators will continue to demand enhanced efficiency for their business operations, here are three trends I think we will see a lot more of this year.