Business aviation is poised for a strong year in 2024 but must still navigate pressing issues such as safety management systems (SMS), potential Part 380 changes, and a need to spread the message on Climbing Fast, according to NBAA president and CEO Ed Bolen. Key among those issues, Bolen further told AIN, is the need for a long-term FAA reauthorization bill.
The FAA is operating under a short-term extension until March 8, as a five-year bill has stalled over the 1,500-hour airline pilot requirement and the age 65 mandatory retirement age. “First thing is let’s get a reauthorization bill done,” Bolen stressed. “I think that’s fundamental.”
As for policy, the industry is watching for an SMS final rule that appears on track for release midyear 2024. The proposed rulemaking would mandate SMS for Part 135, air tours, and manufacturers. “SMS is a great tool,” Bolen said. “But it’s got to be scaled appropriately.”
Another major concern is possible action on safety regulations governing operators that fly under DOT Part 380 economic authority for public charters. “Part 380 has been around for decades, and while the industry has grown significantly, accidents and incidents have not,” Bolen said. “With Part 380 we have not seen data to suggest that needs to be changed.”
Remaining at the forefront is sustainability, and the need to educate the public on business aviation’s commitment.