Bizjet builders look to Middle East for soft landing during slowdown
Business jet manufacturers are hoping strong demand from the Middle East will cushion them as the global financial crisis bites deeper around the rest of the world. If last month’s Middle East Business Aviation (MEBA) show, held at Dubai International Airport, is anything to go by, the Middle East might just provide their rescue. The show could well have been themed “What Slowdown?” Some 74 business aircraft worth nearly $1.7 billion were crammed onto the show ramp; more than 5,000 ...
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