By John Basileo, Aircraft Specialist
December 20, 2018Posted InWealth Advisory
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After nearly a decade of sluggishness, there can be no question whether the business aviation industry is healthy once again
Over several years, we have held the view that meaningful recovery in the business aviation industry was just over the horizon, and that each following year would be the year it would bounce back.
Although these predictions have so far failed to realize, this time there have been some truly convincing signs that 2018 is in fact ‘the year.’ After engaging with manufacturers, brokers, dealers, maintenance firms and other financial institutions over the past several months, the feeling of optimism and ‘turning the corner’ was more noticeable than in the recent past.
It is said that numbers don’t lie, and we are seeing strong numbers in many important areas of the industry that point to a return to normalcy.
In our latest Aircraft Market Update newsletter, we explore the key factors affecting the business aviation market, the reasons behind our positive outlook for 2019, and provide updates from manufacturers at the 2018 National Business Aviation Association Convention.
To find out more click here to read the full newsletter.