9/26/2012

The consequences of budget cuts stipulated by the Budget Control Act of 2011, which take effect in January, will challenge business aviation, says blogger Jack Olcott. "As a unique and vital component of our nation's transportation system, business aviation will play a critical role in absorbing the harsh impact of sequestration should the sword fall on January 2, since the private sector will represent an even larger portion of gross domestic product. Companies will be forced to expand their efforts to keep factories open and customers satisfied, and business aircraft will be one of the tools they will use," writes Olcott.

Full Story:
Forbes

Related Summaries