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Support Business Aviation not ban it says study :

The Economic Impact of Business Aviation

Business aviation is a significant contributor to the European economy, generating substantial revenue and creating jobs. The industry’s economic value is estimated to exceed €100 billion annually, with the majority of this value being generated in Europe.

Key Statistics

  • The European business aviation market is valued at over €100 billion. The industry supports over 1 million jobs across Europe. Business aviation generates significant revenue for airports, airlines, and other related businesses. ## The Threat to Business Aviation*

    • The Threat to Business Aviation

    Proposals by EU regulators to cap short-haul flights and place slot restrictions on business aviation would have a detrimental impact on the industry. These measures would make Europe a less attractive destination for doing business, leading to a decline in economic activity.

    Consequences of Capping Short-Haul Flights

  • Reduced air traffic would lead to increased congestion at airports. Increased costs for airlines and airports would result in higher ticket prices. The industry would experience a decline in economic activity, leading to job losses and reduced revenue. ## The Importance of Slot Restrictions*

    • The Importance of Slot Restrictions

    Slot restrictions would limit the number of flights that can operate at busy airports, further exacerbating congestion and increasing costs. This would have a negative impact on the industry, making it less competitive and less attractive to businesses.

    Impact on Business Aviation

  • Slot restrictions would limit the ability of businesses to travel efficiently and effectively. The industry would experience increased costs and reduced revenue. The impact on the industry would be felt across Europe, leading to a decline in economic activity. ## Alternatives to Capping Short-Haul Flights and Slot Restrictions*

    • Alternatives to Capping Short-Haul Flights and Slot Restrictions

    Instead of capping short-haul flights and placing slot restrictions, EU regulators could consider alternative measures to address the issue of congestion and noise pollution.

    The Impact of Restrictive Regulations on Business Aviation

    The study’s findings suggest that restrictive regulations could have a significant impact on business aviation activity in Europe. The research highlights the potential consequences of such regulations on the industry, including decreased business aviation activity.

    Economic Consequences

  • Decreased economic activity: Restrictive regulations could lead to a decrease in business aviation activity, which in turn could lead to a decrease in economic activity. Job losses: The study estimates that business aviation employed about 94,000 workers in Europe. If business aviation activity decreases, it could lead to job losses in the industry. Reduced economic growth: The study suggests that restrictive regulations could lead to reduced economic growth in Europe. ### Industry Impact*

    • Industry Impact

  • Decreased demand: Restrictive regulations could lead to a decrease in demand for business aviation services, which could have a negative impact on the industry. Reduced investment: The study suggests that restrictive regulations could lead to reduced investment in the industry, which could have a negative impact on business aviation activity. Negative impact on competitiveness: The study suggests that restrictive regulations could have a negative impact on the competitiveness of the industry. ### Regional Variations*

    • Regional Variations

  • Germany, Italy, and Poland have high levels of FCE activity: The study highlights that Germany, Italy, and Poland have high levels of FCE activity, which could be affected by restrictive regulations. Other regions may be less affected: The study suggests that other regions in Europe may be less affected by restrictive regulations, but this is not clear. The research highlights the potential consequences of such regulations on the industry, including decreased economic activity, job losses, and reduced economic growth.

    The Need for a Shift in Approach

    The European Business Aviation Association (EBAA) has been advocating for a change in the way the industry is regulated. The current approach, which focuses on banning certain products or technologies, is seen as counterproductive and stifling innovation. Instead, the EBAA is pushing for policies that support the industry’s growth and competitiveness. Key areas of focus: + Decarbonisation: reducing greenhouse gas emissions from business aviation + Innovation: promoting new technologies and products that improve efficiency and reduce emissions + Competitiveness: ensuring the industry remains competitive in the global market

    The Challenges of Regulation

    The current regulatory framework is complex and often contradictory. Different countries have different rules and regulations, which can create confusion and uncertainty for businesses. This can lead to a lack of investment and innovation, as companies may be hesitant to invest in new technologies or products that may not be compatible with existing regulations. Examples of regulatory challenges: + Different emissions standards for business aviation + Conflicting rules on noise reduction and air traffic management + Limited access to financing and insurance for new technologies

    A New Approach to Regulation

    The EBAA is proposing a new approach to regulation that focuses on supporting innovation and competitiveness.

    MNEs use business aviation to facilitate global operations, manage supply chains, and maintain relationships with clients and partners.

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