Tue, Dec 23, 2008
OK, We Could Sure Use An Upswing Anytime Now...
Just when you have your fingers crossed things won't get any
worse... The National Business Aviation Association announced
Wednesday that economic conditions have led to the cancellation of
the Asian Business Aviation Conference & Exhibition (ABACE) in
2009. The event was scheduled to take place in Hong Kong on
February 11 and 12.
"NBAA recognizes the importance of Asia to the future of
business aviation, and we will continue to work very closely with
our colleagues in the Asian Business Aviation Association to
promote the growth of business aviation in that part of the world,"
said NBAA President and CEO Ed Bolen. "But ABACE requires a huge
commitment of resources -- from our Member Companies, from
Exhibitors and from NBAA. And, at a time when our economy is moving
into its second year of a recession, NBAA is not in a position to
provide ABACE with the attention and resources required to make the
show the success it needs to be for our Attendees and
Exhibitors.
"We regret the circumstances that have led to this year’s
cancellation," Bolen added, "but we look forward to working through
the challenges of today and resuming the show in future years."
This is the second time in a week NBAA has had to announce
changes to its 2009 convention plans, due to the slumping economy.
As ANN reported, the association's inaugural
Light Business Airplane Conference has been scaled back, from three
days to two.
That event will now take place March 13-14 in San Diego, CA;
NBAA has also cut prices for exhibit spaces, to lure
vendors.
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