wabower
Touchdown! Greaser!
- Joined
- Sep 1, 2008
- Messages
- 12,013
- Display Name
Display name:
Wayne
Industry analyst Brian Foley now refers to the past four years as an "epic correction" in the business airplane market and warns that instead of waiting for an uptick, the industry should view the current situation as the "new normal" and adapt accordingly (emphasis his). "The pessimest in me says that we'll be in something of a steady-state situation for the foreseeable future, with occasional setbacks balanced out by spots of growth" Foley says.
The business airplane market generally includes aircraft with some transportation value, as opposed to those that are primarily used for recreational activities.
______________
GA prices have experienced a similar correction over the past four years, and this segment of the industry also faces a significant decrease in the pilot population and an even greater decrease in the number of potential aircraft buyers. If you were asked to write a similar article about the GA segment, how would you characterize its future?
The business airplane market generally includes aircraft with some transportation value, as opposed to those that are primarily used for recreational activities.
______________
GA prices have experienced a similar correction over the past four years, and this segment of the industry also faces a significant decrease in the pilot population and an even greater decrease in the number of potential aircraft buyers. If you were asked to write a similar article about the GA segment, how would you characterize its future?
Last edited: