Forecaster: slight dip ahead in bizav market
Forecast International of Newtown, Conn., predicts a good outlook for business jet manufacturers through next year, after which production will suffer a “r

Forecast International of Newtown, Conn., predicts a good outlook for business jet manufacturers through next year, after which production will suffer a “relatively shallow” three-year decline before climbing again in 2013 through 2017, by which time the manufacturers will be in “very good shape.”

The company expects the OEMs will turn out nearly 1,400 business jets this year and more than 1,600 next year before a dip that takes annual deliveries to 1,515 by 2012. By 2017, the end of the period studied, Forecast predicts the industry will crank out more than 1,700 business jets each year.