1. Keith A. Glatz Senior Air Services Negotiator Dept of Transportation United States Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia 13-17 June 2011

2. TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, 13-17 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

3. TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, 13-17 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

4. TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, 13-17 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

5. TPT-WG34, Brisbane, Australia Thirty Fourth APEC Transportation Working Group Meeting, Brisbane, Australia, 13-17 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?