Opinion: Have Jetliners Escaped The Boom-Bust Cycle?

Has the commercial aviation industry finally vanquished the cycle? Even thinking such a thing sounds hubristic, but it is difficult to argue with the numbers. Since the jet age began, the market has seen a recurring pattern of roughly seven good years followed by three bad years, with deliveries in...
Richard Aboulafia

Contributing columnist Richard Aboulafia is managing director at Aerodynamic Advisory. He is based in Washington.

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