The International Coordinating Council of Aerospace Industries Association (ICCAIA) welcomes the new ambitious CO2 emissions standard for commercial airplanes proposed by the International Civil Aviation Organization (ICAO) Committee on Aviation Environmental Protection (CAEP) on the 8th February 2016 in Montreal, Canada. The agreement on the ICAO “CO2 Standard” is the result of work by a task force of experts from governments and observers and will be endorsed by the ICAO Council later this year.
Arlington, Va. — The Aerospace Industries Association urges Congress to approve the Trans-Pacific Partnership and increase international trade substantially in the Pacific Rim region. Nearly 40 percent of U.S. exports and imports are made with the countries participating in this agreement.
Statement by Aerospace Industries Association President and CEO David F. Melcher on the House voting to extend the R&D Tax Credit permanently.
Arlington, Va. — AIA welcomes the House vote to permanently extend the research and development tax credit which lapsed at the end of 2014. It provides an important incentive during these times of fiscal austerity for thousands of companies to make long-term investments in innovation and is critical to creating economic growth. Particularly at a time when DOD is actively seeking new sources of innovation, it’s imperative that we do everything in our power to incentivize companies in every sector to invest in innovative ideas and solutions.
Arlington, Va. – The aerospace and defense industry had a strong year in 2015, achieving a number of its top priorities. Despite a lengthy delay, the Export-Import Bank of the United States was reauthorized for four years; significant relief from the budget caps imposed under the Budget Control Act of 2011 was achieved for 2016 and 2017 with passage of the Bipartisan Budget Act of 2015; and there are hopeful signs that a year-long omnibus with an extension of the R&D Tax Credit will pass shortly.
The Global Aerospace Summit is part of the Abu Dhabi Aviation and Aerospace Week held under the patronage of His Highness General Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi Deputy Supreme Commander of the UAE Armed Forces. AIA President and CEO Dave Melcher will be attending and participating in a panel.