Teal sees dip in bizjet sales for 2011-12, bouyancy thereafter
The Teal Group’s 18th annual business jet overview cites high corporate profits, business globalization, high commodity prices, emerging market growth and

The Teal Group’s 18th annual business jet overview cites high corporate profits, business globalization, high commodity prices, emerging market growth and a weak dollar for another all-time market high this year, and a sanguine forecast that projects a 10-year demand for 14,289 business jets worth $218 billion. By comparison, the last 10 years saw the production of 6,958 jets worth $124 billion.

Although Teal sees some “very preliminary” signs of a softening market and resulting dip after 2010, the industry appears sure to remain considerably larger than before its 1996-2001 transformation, when it experienced a growth rate of 350 percent.