New Report Details Benefits of Aviation Safety Agreements

“The bottom line is that policies that threaten BASAs threaten U.S. jobs and the profitability of American companies,” ARSA Executive Vice President Christian A. Klein said. “Based on the AeroStrategy report, the U.S. government should aggressively work to conclude additional maintenance agreements to level the playing field and make it easier for U.S. companies to compete globally.”

The AeroStrategy report was based on a survey of repair stations conducted over a ten-week period from January to April 2011. Companies serving the United States, the European Union, China, Brazil, Japan, Thailand, Korea, Vietnam, Venezuela, Argentina, Singapore, Saudi Arabia, Indonesia and Caribbean nations participated. Survey results were provided directly to AeroStrategy; ARSA was not involved in analyzing the data.

Prior AeroStrategy studies determined that in the United States, the maintenance industry employs 274,000 workers, has a $39 billion impact on the U.S. economy, and a $2.4 billion positive balance of trade. The new report, Bilateral Aviation Safety Agreements: Reducing Costs for the Aviation Industry, is available at: http://www.arsa.org/files/ARSA-BASAs-ReducingCostsForTheAviationIndustry.pdf. ARSA will host a press teleconference for the media with AeroStrategy researchers at 11 a.m. ET on Thursday, June 16 to discuss the new report in more detail. Register at arsa.webex.com

ARSA is an Alexandria, Virginia-based trade association that represents aviation maintenance and manufacturing companies. Founded in 1984, the association has a distinguished record of advocating for repair stations, providing regulatory compliance assistance to the industry, and representing repair stations on Capitol Hill and in the media.