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NATA Responds to President Obama’s June 29 Comments N ATA’s response to President Obama’s degrading remarks regarding business aviation in a June 29, 2011 press conference was swift and delivered in many forms. NATA immediately released the following press release and blog post. In addition, NATA President and CEO James K. Coyne appeared on Fox News America Live on July 7th. His response was also featured in many publications, including Daily Caller, AIN Online, Aviation Week, Airport Business, and Frederick News Post. utilization at a time when economic indicators are demonstrating that the community is finally starting to recover from the recession,” Coyne concluded. The president should instead promote the many vital contributions of the general aviation industry to the U.S. economy. Corporate Aircraft Bashing Déjà vu a.k.a. the Flip-Flop-Flip June 29, 2011- Inside Washington Blog post by Eric R. Byer, NATA Vice President Today we witnessed another bashing of corporate aircraft by the President of the United States. Ring a bell? Three years ago the president repeatedly bashed corporate aircraft (after the Big 3 auto manufacturer executives flew into town asking for a federal bailout in 2008) and the general aviation industry was sent into an economic tailspin that we still have yet to recover from. Did the president cause this economic tailspin in totality? No. Did he exacerbate the downturn? You bet. So here we are again witnessing corporate aircraft bashing déjà vu. And, can our industry withstand another economic tailspin? Let’s not even go there. Instead, let’s address the president’s blatant disregard for the facts and for his own prior actions. He got up before the White House Press Corps today to air his grievances on all things important to the “inside the beltway” crowd and turned into America’s greatest hypocrite by stating that tax breaks for corporate aircraft operators are “sacred cows” that we must do away with. Well, just yesterday the president was in an Iowa factory praising the good work done by those employees. Perhaps the president was unaware that this Continued on page 13 NATA Responds to Obama’s Disparaging Comments on GA June 29, 2011 - Press Release National Air Transportation Association (NATA) President and Chief Executive Officer James K. Coyne, on behalf of NATA’s 2,000 member companies, is appalled by President Barack Obama’s attacks on general aviation during a press conference today. The president stated that the White House is going to push to eliminate or scale back a series of tax deductions, including tax depreciation schedules for general aviation airplanes, in hopes of raising as much as $400 billion in new revenue over ten years. “President Obama has repeatedly degraded the value of general aviation to our nation’s economy. This time, he does so a day after appearing at an American aircraft manufacturing facility to promote job growth,” Coyne stated. Coyne added, “It is perplexing why the president continues to bash an industry that is responsible for thousands of manufacturing, maintenance and service jobs.” “The president’s comments before a national audience could weaken consumer confidence in general aviation Aviation Business Journal | 3rd Quarter 2011 11

Table of Contents for the Digital Edition of Aviation Business Journal Third Quarter 2011

Aviation Business Journal Third Quarter 2011

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