In the works:Peering Into The Crystal Ball
The stock market is on the upswing, initial public offerings were up this year for the first time since 2000 and the business aviation industry is recoveri

The stock market is on the upswing, initial public offerings were up this year for the first time since 2000 and the business aviation industry is recovering, but finding investment capital continues to be the biggest obstacle for companies hoping to bring new turbine business airplanes to the market. And for good reason–the last start-up company to build, certify and deliver a business jet was Learjet in 1964.

Investors still seem skittish about plunking money down on speculative turbofan aircraft projects proposed by start-up companies, with the notable exception of Eclipse. The main reason that investors typically avoid the airplane manufacturing industry is because aircraft development programs require long-term commitments with returns on investment possible only after years of waiting–if ever.