Richard Aboulafia Explains How the BizJet Market Can Soar Above Turbulent Times

Gemini Sparkle

Key Takeaways:

  • The business aircraft industry is currently experiencing a boom despite recent negative economic news.
  • This boom is occurring because it typically takes about two years for a general economic downturn to affect the business jet sector.
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In defiance of all the lousy economic news of late, the business aircraft industry continues to boom. Teal Group Analyst Richard Aboulafia told AVweb‘s Russ Niles that it generally takes about two years for a downturn in the rest of the world to reach the business jet sector. In the meantime, the industry is booming.

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