Aviation Business Journal 3rd Quarter 2012 - 9

President’s Message
Continued from page 7

inconvenient, uncomfortable, unpredictable, uneconomic, and insulting than ever before. Frequent flyer programs don’t work anymore. Airplanes are more crowded. Security lines can be a huge hassle. Decent food is a distant dream. There are fewer direct flights. Hidden extra fees make flights more expensive. If anyone wants to find a ‘friendly’ sky, they fly on their own airplane.

cockpit, as one example, is now filled with GPS guidance, Wi-Fi connectivity, iPad approach plates and more. All this change means a whole new era of growth.

India, and other rising Asian nations, with low cost labor and rapidly-growing middle classes, have seen their influence grow, but they are still uncertain business partners and many of their political leaders are fearful of true economic freedom. The price of Europe’s costly promises to unions and pensioners and a fraying monetary system makes European political leadership less and less likely. Other nations, from Brazil to Saudi Arabia to Russia, are important players, especially in specific sectors, but on the broad global stage their role is much smaller. The fact remains, as politically incorrect as it may be, that America alone has a people, united by history, language, infrastructure, culture, education, and spirit, who are ready, willing, and able to lead the global economy. This is arguably the first century in world history where the economic actions of every individual are so closely tied together in an interconnected global economy. For this new system to work, there must be a global system of business and personal air transportation. There is only one place on the globe where such an air transportation system thrives. It is here. It is American. And it is poised to fly!

8. America’s workforce is more
productive than ever. While Europe muddles and other parts of the world struggle with civil wars, corruption, or oppressive government controls on capital, private property, or speech, the American worker is becoming more and more productive. Our mobile, tech-savvy, educated workforce, especially in right-towork-states, is helping restore our nation’s manufacturing might.

6. The elections of 2012 can give
the economy a huge boost. The American business community is already feeling optimistic about positive political change in government at all levels. The Wisconsin recall election results in June were a signal that the political pendulum is starting to change direction. Many other states are pursuing business-friendly policies and even the Supreme Court is playing a role, helping restore balance between the public and private sectors.

9. A new generation of smart
kids is getting into business. The oldest of the “baby boom” generation are soon to leave our nation’s economic and political stage. In their footsteps are millions of smart men and women who are drawn to careers in business. Thousands of them aspire to be the next Steve Jobs or Warren Buffett. They will also be the most mobile generation in history and personal aviation should be an important part of their lives.

7. The pace of technological change is accelerating. American business is no longer hunkering down. Hundreds of sectors, from touch screen computers to smart credit cards, from insulin implants to 3D TV, from military drones to shale fracking, are experiencing unprecedented transformations. The modern aircraft

10. America is poised to be the
global economic leader. Global leadership is, as always, a very competitive question. China,

Aviation Business Journal | 3rd Quarter 2012

Aviation Business Journal 3rd Quarter 2012

Table of Contents for the Digital Edition of Aviation Business Journal 3rd Quarter 2012