OPINION: Business Aviation Must Accept New Normal

Finally, it seems, some good news in business jets; a decade on from the financial crisis, sales look to be firming up. It is of course no surprise that the most severe economic downturn since the Great Depression should have wiped out a nascent air taxi industry. Nor is it any real surprise that the sales slump did not spare larger aircraft models – volume is small and it did not take many distressed sales to flood the market with too-good-to-miss second-hand deals. (www.flightglobal.com) Mais...