Aircraft
Next Recession Leaves Airframers Without Safety Net
Industry analyst Brian Foley says next recession won't cut as deep as 2008, but airframers won't have emerging markets to fall back on.

The next recession won’t cut as deep for business aviation as the one in 2008, but it will lack the safety net that emerging markets provided airframers 11 years ago, according to a new report released today by industry analyst Brian Foley.