Business aviation industry is less dependent on U.S.
Ask former Bombardier Aerospace senior vice president for worldwide sales Jahid Fazal-Karim about the current state of the business aviation market and you

Ask former Bombardier Aerospace senior vice president for worldwide sales Jahid Fazal-Karim about the current state of the business aviation market and you’re likely to get a lesson in geography as well. Fazal-Karim, who this week became the managing director of aircraft sales and acquisition company Jetcraft Trading, said the business is increasingly becoming less U.S.-centric.

“The world is much more global now, and there is less dependence on the U.S. market,” he told EBACE Convention News.  “The business aircraft market has stabilized in the U.S., but in emerging markets such as China, India and Russia it is growing.” Europe is also contributing to the growth of business aviation, though Fazal-Karim attributed this to the former Soviet bloc countries and Russia, not the more mature states like the UK and France.