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Middle East Remains Bright Spot In Dim BizJet Outlook
DUBAI, UAE – The small impact of global economic turmoil and regional political unrest on business jet sales in the Middle East demonstrates just how insulated buyers in this region are from the rest of the world.
But this is not to say that the upheaval of recent months has passed the corporate and private jet sector by. Europe’s economic troubles and the overall slow recovery globally are leading Embraer to give more credence to its “downturn” market forecast for business aviation rather than a rosier projection.