Foley: Bizav Market Has Bottomed Out in Latin America
Data from Amstat indicates that fleet of private aircraft in the region grew by 1 percent over the 12 months ending June 30.

Despite economic and political upheaval in Latin America over the past year, the region’s combined fleet of private business jets, turboprops and turbine helicopters has remained relatively stable, says aviation analyst Brian Foley. “While one would expect a commensurate loss in fleet size and sales transactions, that is not currently the case,” he said. “Pockets of weakness in specific countries were generally offset by stability and even improvements in others.”