BBJ sees positive market indicators
Boeing Business Jets president Steve Taylor noted positive trends in key markets, as he spoke at BBJ’s EBACE press conference on Monday.

Boeing Business Jets president Steve Taylor noted positive trends in key markets, as he spoke at BBJ’s EBACE press conference on Monday. For bizliners, North America is “beginning to rebound,” he said, while the Middle East and Asia are experiencing “strong growth.” He mentioned Asia has already accounted for 21 percent of Boeing Business Jets’ deliveries so far. However, Europe is “lingering in uncertainty.”

Transactions are picking up on used airplanes. In parallel, new aircraft proposal activity is increasing, too, Taylor said. Boeing holds a 45-aircraft backlog for VIP jets, which comprises 21 twin-aisle airliners, such as the 747, 787 and 777, and 24 737-based BBJs.