SP's Airbuz - - News­brief -

Vir­gin At­lantic made its In­dia de­but in July 2000 when the air­line launched its flight to New Delhi. Back then, Vir­gin At­lantic was a bou­tique air­line fu­elled by the am­bi­tions of a mav­er­ick en­tre­pre­neur, Sir Richard Bran­son. A lot has changed since then. Today, Sir Richard Bran­son’s Vir­gin Group holds just 20 per cent stake in the air­line with Delta Air Lines, the world’s most prof­itable air­line, be­ing the largest share­holder with 49 per cent along with Air France-KLM hold­ing 31 per cent. The air­line, till date, con­tin­ues

The In­ter­na­tional Busi­ness Avi­a­tion Coun­cil (IBAC) has an­nounced its new Gov­ern­ing Board Ex­ec­u­tive Of­fi­cers, se­lected at its 70th meet­ing fol­low­ing the Busi­ness Avi­a­tion Con­ven­tion and Ex­hi­bi­tion in Las Ve­gas, U.S.A.

Ali Al­naqbi, Founder and Chair­man of the Mid­dle East and North Africa Busi­ness Avi­a­tion As­so­ci­a­tion will be­come Chair­man of the IBAC gov­ern­ing Board from Jan­uary 1, 2020. Al­naqbi is cur­rently the Vice-Chair­man of the Board. Juer­gen Wiese, Chair­man of the Euro­pean Busi­ness Avi­a­tion As­so­ci­a­tion, will be­come Vice-Chair­man.

Sud­hir Nayak of the Busi­ness Air­craft Op­er­a­tors As­so­ci­a­tion of In­dia will con­tinue to serve as the trea­surer of the IBAC gov­ern­ing board. This is another feather in BAOA’s cap and in­dica­tive of the grow­ing in­flu­ence of In­dian ‘ Busi­ness Avi­a­tion’ (BA) com­mu­nity at global level. Mr. Sud­hir Nayak ex­pressed his hap­pi­ness over his re-elec­tion and said that he is look­ing for­ward to this as another op­por­tu­nity to pro­mote best safety prac­tice for BA in In­dia through IBAC’s In­ter­na­tional Stan­dard for Busi­ness Air­craft Op­er­a­tions (IS-BAO) and In­ter­na­tional

Stan­dard for Busi­ness Air­craft Han­dlers (IS-BAH).

“I ap­pre­ci­ate the com­mit­ment to IBAC and the global busi­ness avi­a­tion com­mu­nity that each of these gen­tle­men has demon­strated in their par­tic­i­pa­tion in IBAC and their re­spec­tive as­so­ci­a­tions,” said Kurt Ed­wards, Di­rec­tor Gen­eral of IBAC. “It will be a plea­sure to work with them and the board over the next three years as we ex­pand IBAC to meet the needs of a grow­ing, vi­brant in­dus­try.”

Like BAOA, IBAC is also a non­profit as­so­ci­a­tion rep­re­sent­ing the in­ter­ests of busi­ness avi­a­tion world­wide. Es­tab­lished in 1981, IBAC serves an in­ter­na­tional voice for the busi­ness avi­a­tion com­mu­nity. IBAC gov­er­nance is ex­er­cised through the gov­ern­ing board with rep­re­sen­ta­tives from each of the 14 mem­ber as­so­ci­a­tions. IBAC has per­ma­nent ob­server sta­tus at In­ter­na­tional Civil Avi­a­tion Or­ga­ni­za­tion (ICAO), the UN Spe­cial­ist Agency for avi­a­tion mat­ters, in Mon­treal, Canada.

Sud­hir Nayak will con­tinue as Trea­surer of the new IBAC Gov­ern­ing Board

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