After a decade-long holding pattern following the 2008 financial crisis, top business aviation forecasters say the industry can navigate the world’s economic and political woes
Who? Us? Everything is fine. After being sent to a decade-long holding pattern by the 2008 financial crisis, it’s different this time. At least, that’s a summary from four of private aviation’s most followed forecasts.
The highest GDP countries in the world won’t necessarily see a boost in private jet fleets
While conventional wisdom and other data have always shown a correlation between GDP growth and opportunities for business aviation fleet growth, other factors such as culture, infrastructure, and government regulations are currently holding back gains in countries which are currently seeing the highest growth rates.