Market forecasters predict rosy future for business jets | Aviation International News

Market forecasters predict rosy future for business jets

Just as harsh economic circumstances diluted last fall’s U.S.

By Ian Goold • Senior correspondent

April 28, 2010

Just as harsh economic circumstances diluted last fall’s U.S. National Business Aviation Association Convention, the 2010 European Business Aviation Convention & Exhibition (EBACE) here in Geneva is exposed to continuing recessionary winds. Nevertheless, current market forecasts by several manufacturers paint a generally optimistic picture.

For example, Bombardier believes Europe will remain a major source of demand for business aircraft, and Honeywell predicts orders will reach record levels in the next five years.

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