The economy has hit again. The 2009 Asian Business Aviation Conference & Exhibition (ABACE) has been cancelled because of economic conditions, the group sponsoring it said recently.
The event was to have been held in Hong Kong on February 11 and 12.
The National Business Aviation Association said will continue to work with its colleagues in Asia to promote the growth of business aviation in athat part of the world. But ABACE requires a huge commitment of resources from NBAA members, exhibitors and from the NBAA itself, the group said.
“At a time when our economy is moving into its second year of recession, NBAA is not in a position to provide ABACE with the attention and resources required to make the show the success it needs to be for our attendees and exhibitors,” NBAA president and chief executive Ed Bolen said in a statement.
The group looks forward to resuming the show in future years, Bolen said.
