2nd Aviation Business Journal Official Publication of the National Air Transportation Association Board of Directors Chairperson Greg Schmidt Pentastar Aviation Waterford, MI Vice Chairperson Jeff Ross Ross Aviation Denver, CO President Martin Hiller NATA Washington, DC Treasurer Guy Hill, Jr. Hill Aircraft and Leasing Corporation Atlanta, GA Secretary Scott Owens McClellan Jet Services McClellan, CA Past Chairperson Andrew Priester Priester Aviation, LLC Wheeling, IL Randall D. Berg A.A.E. Seattle, WA Clara Bennett Boca Raton Airport Boca Raton, FL Curt Castagna Aerolease/Aeroplex Group Van Nuys, CA Gary Dempsey Jet Aviation Holdings USA, Inc Teterboro, NJ Dennis Fox Executive Jet Management Cincinnati, OH Clive Lowe Atlantic Aviation Services Arlington, VA Larry Jorash Signature Flight Support Orlando, FL Christian Sasfai TAC Air Dallas, TX Larry Wade Golden Isles Aviation St. Simons Island, GA Quarter 2018 Issue 2 | Volume 16 page 42 Hopscotch Air President’s Message By Martin H. Hiller Perspectives By Timothy Obitts A Capitol View By Rebecca Mulholland Viewpoint: Gaining Altitude on Value By Benjamin J. Goodheart, Ph.D. Call Sign Chaff By John Croft NATA Launches FBOs Above and Beyond and Real FBO Facts By Ellen Miller Introducing This Year’s NATA Industry Excellence Awards Recipients By Colin Bane A Federal Grant Assurance Primer By Shelley A. Ewalt Hopscotch: Redefining the Air Taxi Model By Paul Seidenman & David J. Spanovich The Future of Aviation By Benjamin J. Goodheart, Ph.D. 5 7 9 11 14 19 21 37 42 48 Security Risks: Are You Aware? By Bailey Wong and Claudia Culmone 55 NATA Presidents Council Member Spotlight Congress Passed the Tax Cuts and Jobs Act of 2017: What Now? What’s Next? By Jorge Castro New NATA Members Publisher Martin Hiller Editor Shannon Chambers Editorial Director Timothy Obitts Contributing Editors Maryanne Arthur www.justwritesolutions.com Alexandra Connole Amy Hornaday Ellen M. Miller Karissa Uko Art Direction/Design Laurel Prucha Moran Blue Room Design www.blueroomstudio.com Advertising Sales Shannon Chambers
[email protected] The Myths of FBO Consolidation By Jeff A. Kohlman 58 63 64 65 Aviation Safety: Slow and Steady Wins the Race By Carol E. Giles 67 Safety 1st NATA Ethics Statement Update: A New Approach to Training By Michael France 69 71 Stay Out of the Illegal Charter Trap, Keep Your Leases Legal By Jacqueline E. Rosser NATA Calendar of Events DISCLAIMER The information in this publication is general in nature, is prepared strictly for informational purposes, and is not intended to serve as legal, accounting, financial, insurance, investment advisory, aviation operation or safety, or other professional advice as to any reader’s particular situation. Readers are encouraged to consult with competent legal, financial, insurance, investment advisory, aviation, and/or other professional advisors concerning specific matters before making any decisions. Statements of fact and opinion are the responsibility of the authors alone and do not imply any opinion on the part of the officers, employees, and/or members of NATA. Publication of any advertisement in this magazine is not an endorsement of the vendors or advertisers nor of the products advertised. COPYRIGHT & TRADEMARK NOTICE 818 Connecticut Avenue, NW, Suite 900 Washington, DC 20006 800/808-6282 • Fax 202/452-0837 www.nata.aero © 2018. National Air Transportation Association, Inc. All rights reserved. All articles, stories, and other content (including but not limited to text, graphics, layout, and design) (the “Content”) of this magazine are the intellectual property of NATA and/or of its licensors and are protected by United States copyright, trademark, and other intellectual property laws. No Content may be copied, modified, published, broadcast or otherwise distributed without the prior written permission of NATA or the licensor of such Content. “NATA” and “NATIONAL AIR TRANSPORTATION ASSOCIATION” are registered trademarks of NATA. “AVIATION BUSINESS JOURNAL” are trademarks of NATA. 74 75
2Q 2018
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