Foley: Downturn Will Be 'Softer Blow' for Bizjet OEMs
Bizav analyst Brian Foley argues business jet industry better poised to weather Covid-19 crisis.

Business aviation analyst Brian Foley argues that, despite the sharp downturn in aviation activity because of the Covid-19 pandemic, business aviation is poised to better weather this setback than the 2008 financial crisis. The U.S. economy is healthier this time around, with a GDP of 2.1 percent, higher corporate profits, and a stock market that is up 67 percent compared with the financial crisis, Foley wrote today.