Assome 25,000 people in the business aviation industry will gather in
Aclosely watched report by Honeywell Aviation predicts that business jetdeliveries will continue to decline this year and remain weak in 2011, with noexpansion expected until 2012.
Savannah-basedGulfstream Aerospace, a major business jet maker, said it also sees continuingeffects of the slow economy.
“Weexpect to see dampened sales and deliveries throughout next year” formid-sized private jets, Gulfstream president Joe Lombardo said. Sales of largeraircraft are doing better, driven by growth internationally, according to thecompany.
Organizersof the National Business Aviation Association annual meeting and convention atthe
“Itraised a question at the time of, ‘Why do people use business airplanes?'” said Ed Bolen, NBAA’s president and CEO. He argues that businessaviation offers value to companies and communities where they operate.
“Ifyou look at
Hesaid many companies rely on both airline service and business aviation to moveemployees. “You have a strong situation in
Duringthe event, which runs through Thursday, nearly 100 airplanes will be exhibitedat
Source: AIRPORT BUSINESS (ATLANTA JOUNRAL CONSITUTION)