Analyst Anticipates Second-half Bizjet Rebound
Preowned bizjet sales and utilization in 2020 could lead to more sales for OEMs such as Gulfstream and Textron Aviation, analyst Brian Foley writes.
Gulfstream could see a surge in business jet sales in the second half as the recovery from the pandemic takes firmer hold, according to business aviation industry analyst Brian Foley. This would bode well for Gulfstream's new large-cabin G500 and G600. (Photo: Gulfstream Aerospace)
Gulfstream could see a surge in business jet sales in the second half as the recovery from the pandemic takes firmer hold, according to business aviation industry analyst Brian Foley. This would bode well for Gulfstream's new large-cabin G500 and G600. (Photo: Gulfstream Aerospace)

Business aviation industry analyst Brian Foley believes that OEMs Textron Aviation and Gulfstream Aerospace are primed for a rebound in deliveries of new business jets, possibly as early as the third and fourth quarters of this year. Foley, who runs his own consultancy, Brian Foley Associates, noted in an analysis today that the bump would follow year-over-year declines of 36 percent and 16 percent in 2020 business jet deliveries at Textron Aviation and Gulfstream, respectively.