Report: Business aviation jet market to grow in 2010

12/3/2009 | AviationWeek.com

The business-aviation jet market will grow by 8% to 10% in 2010, according to UBS's Business Jet Update for October. The report noted business jet takeoffs and landings for the month were unchanged compared to September, but almost 17% above record lows in March. "We still see risk of an extended downturn given significant oversupply, fractional weakness and tight financing, although a weak dollar should help," said the report.

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