Outlook for business aircraft market is uncertain, expert says

10/6/2011 | FlightGlobal.com (U.K.)

The business-aircraft industry has faced a tough year and the outlook is murky. "Although many sales happen towards the end of the year, transaction activity to date is some 30% down on 2010," said Daniel Hall of Flightglobal Ascend. "Real risks going forward now lie within the state of the global macro economy -- the outlook heading towards 2012 remains unclear in this respect, although arguably as the business-jet sector never fully recovered, [a] further downside would be narrower in another recession."

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FlightGlobal.com (U.K.)

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