Strength of Euro currencies boosting business jet demand
Demand for new business aircraft in Europe is riding high on a wave of economic growth that is particularly strong in the former communist eastern states.
Demand for new business aircraft in Europe is riding high on a wave of economic growth that is particularly strong in the former communist eastern states. The market is being fanned by the bolstered buying power of customers paying in euros and British pounds as the U.S. dollar continues to languish on international currency exchanges.
These were the broad conclusions of two well-respected market forecasts issued last October by Honeywell and Rolls-Royce at the 2006 National Business Aviation Association convention in Orlando, Fla. This week’s European Business Aviation Convention & Exhibition here in Geneva is expected to provide tangible evidence of these buoyant market conditions.
