NBAA Issues Statement on Tariff Developments

Contact: Dan Hubbard, 202-431-5970, [email protected]

Washington, DC, Feb. 20, 2026 - The National Business Aviation Association (NBAA) issued the following statement regarding today's Supreme Court ruling striking down the use of the International Emergency Economic Powers Act (IEEPA) for the implementation of tariffs:

"We are reviewing the Supreme Court's ruling to understand its full implications," said NBAA President and CEO Ed Bolen. "We are also carefully following the Administration's response.

"Since the implementation of the Agreement on Trade in Civil Aircraft in 1980, the United States has dominated every aspect of civil aviation and enjoyed a massive trade surplus, bolstering the nation's global leadership in aerospace safety and innovation, delivering a $100 billion trade surplus and millions of jobs." Bolen pointed to independent data showing that the aviation industry supports 9.4 million jobs, $1.8 trillion in total economic activity, and contributes 4 percent of U.S. gross domestic product.

Bolen added that the framework established in 1980 has been key to ensuring the reliability of the industry's complex, highly regulated global supply chain, which is supported by numerous trade agreements required to meet stringent safety standards, while ensuring the uninterrupted flow of highly specialized goods.

"The benefits of the nation's long-standing policy on aerospace trade accrue to business aviation, a vital link in our nation's transportation system, a powerful driver of our economy and a critical component of America's leadership in manufacturing, innovation and competitiveness," Bolen said, noting that business aviation supports 1.3 million jobs and $340 billion in annual economic activity.

"We look forward to working with the administration and Congress to promote policies that foster the growth of industries, including business aviation, that are key to preserving our nation's leadership in global aerospace."

Review a copy of Supreme Court's Feb. 20 ruling striking down the use of the IEEPA for its implementation of tariffs.

Following today's Supreme Court's decision, the president has announced new tariffs. NBAA plans to host an NBAA News Hour webinar with analysis about the Supreme Court's decision and subsequent developments on Monday, Feb. 23, 2026, at 2 p.m ET. Register today for the Feb. 23 NBAA News Hour webinar.

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Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The association represents more than 10,000 company and professional members and provides more than 100 products and services to the business aviation community, including the NBAA Business Aviation Convention & Exhibition (NBAA-BACE), the world's largest civil aviation trade show. Learn more about NBAA at nbaa.org.

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