Many years ago, airline managers could occasionally be heard quietly grumbling that investments in safety were mostly a waste of money. But no longer. Today, it’s regarded throughout aviation as an essential cost of doing business, with a valuable payback in real safety enhancement, customer confidence and, occasionally, for members of IBAC's IS-BAO program, in cash as well.
IS-BAO–for International Standards-Business Aircraft Operations–was conceived in the mid-1980s, shortly after the International Business Aviation Council (IBAC) was established. The thinking was that the diverse capabilities, experience levels and types of operation and aircraft of the growing membership needed a cohesive yet attainable baseline of safety standards, sometimes called a code of practice or a safety culture, for IBAC to be recognized as a responsible professional body by national regulatory authorities.