Aircraft
OEMs focus on derivatives, not new models
While the business aviation industry remains healthy and forecasts predict continued growth, the established OEMs announced only incremental product upgrad

While the business aviation industry remains healthy and forecasts predict continued growth, the established OEMs announced only incremental product upgrades at the NBAA Convention last month. In all, manufacturers unveiled six derivative business airplanes: the Airbus A318 Elite; Bombardier Challenger 605 and Learjet 60XR; Cessna Encore+; Dassault Falcon 2000DX; and Raytheon Hawker 850XP. And at the Dubai Air Show late last month, Boeing Business Jets launched the BBJ3, a derivative of the in-development 737-900 airliner.