Citi Reiterates 'Cautious Optimism' for Bizjet Market
Despite macro factors, Citi Research is cautiously optimistic about the bizjet market, citing stabilized pricing/values and new products driving demand.
The mood last week at EBACE 2019 was "benign," said Ford von Weise, global head of aircraft financing for Citi Private Bank. Overall, aerospace analysts at sister division Citi Research remain "cautiously optimistic" about the business jet market. (Photo: David McIntosh/AIN)
The mood last week at EBACE 2019 was "benign," said Ford von Weise, global head of aircraft financing for Citi Private Bank. Overall, aerospace analysts at sister division Citi Research remain "cautiously optimistic" about the business jet market. (Photo: David McIntosh/AIN)

Ford von Weise, global head of aircraft financing for Citi Private Bank, termed the overall atmosphere last week at EBACE as “benign” during a conference call earlier this week hosted by Citi Research addressing the current state of the business jet market. Participants on the call were also cautious about macro factors and trade war risks that could negatively affect the certainty the market thrives on.