The story
1977
Dr. Frits Philips of NV Philips and François Chavatte, head of IBM Flight Department in Europe, founded the International Business Aviation Association (Europe), set up in Eindhoven, the Netherlands, with 12 founding members.
1984
Recognizing that Brussels was the strategic place to be, the Association moved to Belgium and became known as the EBAA (European Business Aviation Association). Membership amounted at that time to 49.
2001
Together with its US partner, the National Business Aviation Association (NBAA), the EBAA launched the European Business Aviation Conference and Exhibition (EBACE). Membership for the first time hit the 100+ landmark, reaching 137 that year.
From Wikipedia’s article on European Business Aviation Association, shared under CC BY-SA 4.0.5