Traditionally, corporate profits serve as a key indicator of business aircraft demand, so here’s a conundrum: Corporate profits have more than doubled since the depths of the Great Recession in 2008, yet light and medium business jet sales are less than half of pre-recession levels. During the same time frame, sales of large business jets powered ahead and are 25% greater than pre-recession levels. Why the bifurcation? One answer may lie in the recent research by French ...
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