Europe Could Lead Recovery in Bizjet Market, Says JetNet
Buyer sentiment is most optimistic in Europe, with 61.8 percent in this region saying that the business jet market is past the low point.

A glut of pre-owned business jets and low utilization levels has led to “significant oversupply” in the market, according to the latest data from industry information provider JetNet (Booth X129). It believes that this trend will continue for about the next 18 months, with a “beginning of an uptick” expected in 2019, said JetNet iQ managing director Rolland Vincent. Europe could lead the recovery, he added.