CBAA Starts Today
The Canadian Business Aviation Association annual convention begins today in Montreal with the upbeat theme of "Moving Canada's Economy," but the main presenters will likely be tempering the mood with some sober comments on the state of the economy and the industry. The business part of the convention starts Thursday with the Teal Group's Richard Aboulafia giving his overview and forecast of aviation industry. Aboulafia will no doubt review his most recent report, which predicts continued challenges for business aviation through 2012, before growth returns.
Later in the morning, David Stewart-Paterson, Executive VP of the Canadian Council of Chief Executives, will give his views on responding to the current economic situation. The CBAA says it's planning for good attendance and looking forward to the first visit of the Embraer Phenom 100. On Friday, the keynote address will be given by former Apollo astronaut Capt. Gene Cernan.