“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
Changes Announced for Latin American Aviation Show
Citing a desire by the Associação Brasileria de Aviação Geral (ABAG) to assume a more extensive role in organizing the Latin American Business Aviation Conference and Exhibition (LABACE), the National Business Aviation Association in the U.S. has announced that it is scaling back its participation. "After three years, ABAG is moving into the lead and will coordinate the event from São Paulo," said NBAA president and CEO Ed Bolen. LABACE 2007 (www.labace.aero) is scheduled for August 9 to 11 in São Paulo.