IBAC GOVERNANCE
IBAC was established in 1981 to serve as a mechanism to provide an international voice for the business aviation operating community. The initial five members has grown to 15 member associations covering essentially all corners of the globe.
IBAC governance is exercised through the Governing Board with representatives from each of the 15 member associations. A Secretariat managed by the Director General is responsible for the day to day management of the Council’s mandate. IBAC’s office is located in the ICAO headquarters building in Montreal Canada, but activities are conducted around the world, particularly where business aviation is most active.
IBAC Definitions of Business Aviation
“That sector of aviation which concerns the operation or use of aircraft by companies for the carriage of passengers or goods as an aid to the conduct of their business, flown for purposes generally considered not for public hire and piloted by individuals having, at the minimum, a valid commercial pilot license with an instrument rating.”
Sub-Divisions of The Definition
From time to time, this definition for Business Aviation may not suit the specific requirements of a particular issue. Therefore, there are four sub-divisions for the segments that collectively make up business aviation.
Sub-division 1: Business Aviation – Commercial
The commercial operation or use of aircraft by companies for the carriage of passenger or goods as an aid to the conduct of their business and the availability of the aircraft for whole aircraft charter, flown by a professional pilot(s) employed to fly the aircraft.
Sub-Division 2: Business Aviation – Corporate
The non-commercial operation or use of aircraft by a company for the carriage of passengers or goods as an aid to the conduct of company business, flown by a professional pilot(s) employed to fly the aircraft.
Sub-Division 3: Business Aviation – Owner Operated
The non-commercial operation or use of aircraft by an individual for the carriage of passengers or goods as an aid to the conduct of his/her business.
Sub-Division 4: Business Aviation – Fractional Ownership
The operation or use of aircraft operated by an entity for a group of owners who jointly hold minimum shares of aircraft operated by the entity. Fractional Ownership operations are normally non-commercial; however, the operation of the aircraft may be undertaken as a commercial operation in accordance with the AOC held by the entity.