It already exists guys.......
IBAC is a non-profit, non-governmental association which represents, promotes and protects the interests of business aviation in international policy and regulatory forums. IBAC was founded on 15 June 1981
And IS-BAO.....
The International Standard for Business Aircraft Operations (IS-BAO) was formally introduced and made available to the business aviation community at the European Business Aviation Conference and Exhibit (EBACE) in Geneva, May 2002.IS-BAO was developed by the industry for the benefit of the industry. It is a code of best practices designed to help flight departments worldwide achieve a high level of safety and professionalism..This Site provides information on the benefits of IS-BAO and how to obtain a copy.In addition, the site describes the process used to keep the standard dynamic and current with new equipment and procedures.
Flight departments interested in obtaining a Certificate of Registration will find information in the audit page regarding the process for choosing a Registrar and how to apply for a Certificate. The IS-BAO audit program commenced in the fourth quarter of 2002. Since that time a number of auditors from all corners of the world have received accreditation. IBAC has awarded Certificates of Registration to many flight departments that have successfully met the IS-BAO standard as verified by an accredited auditor.
http://www.ibac.org/Files/is-bao/Home/steve.mov
Introducing IS-BAO International Business Aviation Council
I think this is excellent and am very happy that ExecuJet are fully signed up.
Cheers
Ballast.