Aircraft
JetNet iQ Paints Cautiously Positive Outlook for Bizav
Regional conflicts could have a negative effect on the market, however
business jet
Photo: Mark Wagner

While supply issues remain a considerable thorn in the side of the business aviation industry, and wars and border tensions threaten to destabilize business in certain regions, the outlook for the sector is generally positive for the remainder of 2023 and into the next year. That is the analysis of business aviation market intelligence specialist JetNet iQ in its latest quarterly report issued on Tuesday at NBAA-BACE 2023.

There are longer-term issues that need to be addressed to maintain positivity, including sustainability, improving the industry’s image, and restoring the talent pipelines of young, enthusiastic people entering the industry—and retaining them for the long term, it said.