The impact of Business aviation and its contributions to modern society should not be underestimated. One of the most important and inherent aspects of Business aviation is its connectivity, making it possible to bring customers as close to their desired destination as possible, and that is a major key competitive advantage. It creates enormous economic value by optimizing time management – over 2 travel hours on average – and increases the chances of meeting face to face! This will, undoubtedly, be very important again after the current health situation subsides.
With its unique ability to connect remote regions and communities, Business aviation has an equally important role in public needs and sustainable growth. Across Europe – and the rest of the world – Business aviation fleets provide fire and rescue operations and medical evacuation services! With this unique ability to connect remote regions and communities, Business aviation also brings economic development to places otherwise inaccessible and therefore aiding significantly in the sustainable development goals.
At One Young World 2021, I hope to gain a deeper understanding of other industries and how we can take those lessons and apply them to Business aviation. From a regulatory point of view, I think the regulatory framework of the USA is very interesting especially for business aviation in the EU. At the moment, the EU rules for Business aviation are not yet clear, making it extremely hard for operators to comply with those rules. Clear rules would have the major advantage for operators to comply with those rules and allow governments to safeguard fair competition.
Investing in Young Professionals in the Industry
I am convinced that young professionals have the ability to have a positive impact on the Business aviation industry in the short term, as we are vital to further democratise the community by reaching new audiences and bringing innovative and fresh ideas.
I know that young professionals will be the driving force behind more digitalisation in the industry. Promising new technologies offer transparency that could be extremely beneficial to Business aviation, like using blockchain, IoT sensors to facilitate fuelling, or invoicing through smart contracts. The industry needs to jump as quickly as possible on the train of modernisation and digitalisation to remain competitive and continue to grow.
Crucially, I believe that young professionals like myself are very concerned about sustainability and the environment. In the short term, young professionals can incentivise the upscaling of renewable fuels by convincing governmental institutions to do more research and development while emphasising the necessity to increase the commercial availability and the geographic spread of these renewable fuels. In the long term, I think young professionals can play a pioneering role in making the whole industry sustainable. They can do this through new technologies, such as electrification or hydrogen fuels.
Finally, young professionals can be the progressive strong young voice towards governments and towards the European Union in promoting and incentivising the Single European Sky, therefore making the infrastructure of the European Union more efficient, and thus saving a lot of carbonisation along the way.
ABOUT ONE YOUNG WORLD AND BUSINESS AVIATION
One Young World is a global charity that gathers together young leaders from around the world, empowering them to make lasting connections and create positive change. The annual Summit stages talent from global and national companies, NGOs, universities and other forward-thinking organisations as well as world leaders, who debate, formulate and share innovative solutions for the pressing issues the world faces. This year’s Summit will host exceptional young leaders from 190+ countries, with 10 delegates from the business aviation industry attending, providing an opportunity to showcase the sector’s commitment to being a progressive and responsible corporate citizen.