{"id":15195,"date":"2020-04-13T17:59:48","date_gmt":"2020-04-13T17:59:48","guid":{"rendered":"https:\/\/stateaviationjournal.com\/?p=15195"},"modified":"2020-04-13T17:59:50","modified_gmt":"2020-04-13T17:59:50","slug":"nata-releases-white-paper-on-recommended-practices-for-airport-sponsors-and-commercial-aviation-businesses-in-addressing-leasehold-issues-in-response-to-covid-19","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/national-news\/nata-releases-white-paper-on-recommended-practices-for-airport-sponsors-and-commercial-aviation-businesses-in-addressing-leasehold-issues-in-response-to-covid-19\/%20","title":{"rendered":"NATA Releases White Paper on Recommended Practices for Airport Sponsors and Commercial Aviation Businesses in Addressing Leasehold Issues in Response to COVID-19"},"content":{"rendered":"\n

The National Air Transportation Association (NATA) released a white paper<\/a> titled Recommended Practices for Airport Sponsors and Commercial Aviation Businesses in Addressing Leasehold Issues in Response to COVID-19. In the wake of the COVID-19 public health emergency, airports and commercial aeronautical businesses, along with the entire global aviation industry, are confronted with operational revenue challenges, issues with employee job retention, and financial uncertainty at a level the industry has never experienced. Worldwide, COVID-19 has resulted in international and domestic commercial air carrier and private general aviation travel restrictions that have caused significant financial harm to airports, the industry\u2019s 3,661 FBOs, MROs, and other essential aeronautical service providers.<\/p>\n\n\n\n

NATA recognizes that a majority of airport sponsors are\npublic agencies that have both the challenge to maintain self-sustaining\noperations, as well as complex revenue streams intended to preserve the\nvaluable services and jobs that the airport and aviation industry provides to\ntheir communities.<\/p>\n\n\n\n

The Association encourages efforts to establish or\ncontinue fostering collaborative approaches and solutions between airport\nsponsors and their commercial aeronautical tenants in addressing these\nchallenges, including initiating open discussions regarding rent and other fee\nrelief options during the coronavirus pandemic. To that end, NATA\u2019s white paper\nis intended as a guide for both airports and commercial aeronautical businesses\n(including airlines) to use when considering financial and operational\naccommodations.<\/p>\n\n\n\n

\u201cDuring these challenging times, it is imperative for\ncommercial aeronautical businesses and airports to continue to promote\ndialogue, develop insights into each other\u2019s perspectives, and to work to agree\non uniform rapid relief programs that help airport tenants that are undergoing\nfinancial hardships during this unforeseen crisis. NATA is pleased to provide\nthis white paper as a tool that both airports and their tenants\/subtenants can\nuse as a guide for conversations on financial and operational accommodations\nthat are in line with current federal regulations. Uniform financial assistance\nis critical for continuity of airports and their important stakeholders,\u201d\nstated NATA President and CEO Timothy Obitts.<\/p>\n\n\n\n

\u201cOn behalf of NATA\u2019s Board of Directors, we are pleased\nthat NATA continues to provide resources that foster communication and\ncollaboration between airports and commercial aviation businesses. We hope this\nguide provides benefits now and serves as a roadmap for the future,\u201d stated\nNATA Board Chairman Curt Castagna.<\/p>\n\n\n\n

\u201cWe urge airport sponsors and tenant businesses to work\ntogether to determine the best path forward for each community to continue to\nallow the airport to act as a base of recovery and their tenant businesses to\nprovide valuable services and serve as pipelines for employment,\u201d added Obitts.<\/p>\n\n\n\n

NATA would like to thank the following for their\ncontributions: Peter Kirsch, Attorney, Kaplan Kirsch Rockwell; Curt Castagna,\nPresident & CEO, Aeroplex Group Partners; and Jeff A. Kohlman, Managing\nPrincipal, Aviation Management Consulting Group (AMCG).<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Air Transportation Association (NATA) released a white paper titled Recommended Practices for Airport Sponsors and Commercial Aviation Businesses in Addressing Leasehold Issues in Response to COVID-19. In the wake of the COVID-19 public health emergency, airports and commercial aeronautical businesses, along with the entire global aviation industry, are confronted with operational revenue challenges, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-15195","post","type-post","status-publish","format-standard","hentry","category-national-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/15195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=15195"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/15195\/revisions"}],"predecessor-version":[{"id":15196,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/15195\/revisions\/15196"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=15195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=15195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=15195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}