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Friday, 29 May 2009 11:34
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Firm Predicts Tough BizAv Recovery

May 28, 2009

Benet Wilson

 

 

 

 

 

 

All meaningful indicators - utilization, prices, used aircraft availability, and corporate profits - show a prolonged and painful downturn for business aviation, according to a new report from Fairfax, Va.-based Teal Group.

Business aircraft have been hit harder by the economic crisis than any other aerospace market, said the report, written by Richard Aboulafia, Teal Group's vice president of analysis.

Aboulafia's forecast assumes a three-year downturn. "The key demand drivers - economic growth and corporate profits 

 

Read the entire story at:

http://www.aviationweek.com/aw/generic/story.jsp?id=news/TEAL052809.xml&headline=Firm%20Predicts%20Tough%20BizAv%20Recovery&channel=busav  


 
Last Updated on Saturday, 30 May 2009 13:23  
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