News
The mood at EBACE is upbeat, as the business aircraft industry continues a steady, but unspectacular upward progression. Forecasts for the business aviation segment are for modest growth, with the most success coming from new models.
There is good news on the inventory front, as used aircraft inventories for sale continue to fall to their lowest levels since the 2008 Great Recession. But it does not appear that we will recover to the 2007 record sales levels for the industry any time soon.
Analysis
The business aircraft industry underwent a fundamental change during the Obama administration, after a shaming incident where auto industry executives seeking a bailout flew to Washington DC aboard private jets, setting an “inappropriate tone.
The mood at EBACE is cautiously optimistic, but we foresee a continued slow recovery for business aviation,
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