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Business Jet Activity Up For Fifth Straight MonthCessna Facility Consolidation About ‘Cost Footprint,’ Donnelly SaysEuropean Activity Showing Recovery, London Operator Says
Business jet takeoff and landing data is up year-over-year for the fifth consecutive month, Morgan Stanley notes. Citing FAA data, Morgan Stanley says business jet activity increased 17.9% in April. The increases trended across aircraft models, says analyst Heidi Wood. “Cessna and Gulfstream posted mid-teens growth compared to April 2009,” when both manufacturers started to show “signs of stabilization,” she says. “The U.S.