In the Oct. 26 issue of The Weekly of Business Aviation, the staff reports on a few industry forecasts, including one that says the 2007-2009 recession affected aircraft purchasing habits, as well as the announcement by federal regulators that they are working on a UAV registry.

Forecast: Recession Changed Bizav Buying Habits

Behaviors of business aircraft buyers have changed since the 2008 downturn — a factor leading to the underwhelming recovery in the business aviation market, according to a new 10-year business aviation forecast.

Although the U.S. economy has expanded and corporate profits have rebounded since the recession, aircraft deliveries have not followed as expected. That remained the case even after employment surpassed pre-2008 levels and ultra-high net worth individuals increased to record levels, said the forecast by business sales and marketing firm Jetcraft.

Read more (subscription required).

DOT: Register Your UAVs or Face FAA Penalties

The U.S. Transportation Department plans to finalize what will likely be an emergency rule by mid-December requiring past, present and future drone owners to register the devices with the FAA.

The rule will be based in large part on the work of a new task force of government and industry participants that will provide the FAA recommendations for procedures and policies for a national registration database by Nov. 20.

Read more.

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