While the business jet industry is on track for a “new normal” of 650-700 new aircraft deliveries a year for at least the next five years, an economic recession could derail even that flat performance. That is the opinion of long-term analyst Brian Foley, who warns in his latest outlook that the current market, which has never recovered from the nosedive in deliveries from 2008’s record-setting 1,300, is more vulnerable now than in those tumultuous times. Cushioning the ...

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