Tag: Business Jet
Business Jet Activity Down, Report States
January 30th, 2009, No Comments
Aviation Research Group/U.S. has released a report showing that business aircraft activity was down in December 2008 versus the same month in 2007. According to the report, which is based on arrivals and departures on all IFR flights in the U.S., turboprop activity decreased a total of 24.1 percent from December 2007 to December 2008. [...]
FINANCIAL CRISIS: Business Jet Market Crunch?
January 12th, 2009, No Comments
Blue chip companies are struggling, billionaires and millionaires are losing money too - how does the financial crisis affect the business jet market?
The business jet industry experienced a strong growth since 2001. The manufacturers enjoyed huge order backlogs, we even saw the dawn of a new business jet class - the Very Light Jets (VLJ).
The [...]
