Keith A. Glatz Senior Air Services Negotiator Dept of Transportation United States Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia June 2011

TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, June 2011 Emergence of Business Aviation What Business Aviation is? A sub-sector of General Aviation Corporate Fleet Companies w/one aircraft Individual Fractional Ownership What Business Aviation is Not? Commercial Military

TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, June 2011 Benefits of Business Aviation A Growth Sector for Aviation Look no further than Asia China, Japan, Singapore, Korea Economic Contribution Global Regional Local Public Contribution Disaster Relief Evacuation

TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, June 2011 Compatible Economic Regulatory Treatment Why so important? Creating an environment so that operations flourish Safety and Security Come First TSA/DHS-YES FAA-YES Economic Treatment Private, Non –commercial Not Cabotage Not covered by bilateral air services agreements

TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, June 2011 Proposal Work towards an agreed set of “Core Principles” for the economic regulatory treatment of business aviation operations Precedent EU, Canada, Mexico Why APEC? First Steps?