Insight: Consolidation in the Business Jet Market?
Category Business Aviation
Leapfrog at the Top of the Business Jet Market
The top of the business jet market is a key position for an aircraft manufacturer. Over the last couple of decades, we’ve seen Dassault drop from the market position it once had competing with Gulfstream and Bombardier in the 1980s…
Canada to impose a “luxury tax” on new personal aircraft
Canada has now formalized its intent to impose a “Luxury Tax” on new “personal aircraft” for new aircraft sold in the country. The tax proposal was in Justin Trudeau’s Liberal government budget and could add tens of thousands of dollars…
The General Aviation Market Remains Weak for Business Aircraft
GAMA has released its 3rd quarter aircraft shipment report, and the numbers, as expected, are well below those recorded last year. Through the first three quarters, total aircraft shipments are down 12.6%, with business jets down 26.7% from 2019 levels.…