Though business aviation is at least a year away from recovering from a vicious recession, many industry players are confidently preparing for the long-awaited upturn.
Business aviation manufacturers are investing in new products and facilities in anticipation of the hard-hit industry’s recovery. Although business aviation is in the same deep economic trough that is inflicting so many sectors—marked by massive layoffs, slowed sales of new and used aircraft, and declines in operations—many airframe, engine, avionics and services companies are making heavy investments in preparation for the industry’s expected rebound. Recent aircraft delivery ...
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