Business jet results in the first quarter of 2020 have been “hammered by COVID-19,” and results could worsen in the second quarter before a potential recovery in the second half of the year, Cowen analyst Cai von Rumohr wrote in a note to investors.
By William Garvey, Jessica A. Salerno, Molly McMillin
Joe Clark, founder and CEO of Aviation Partners Inc., died March 30. Peter Fleiss, the former executive director of the Corporate Angel Network, April 3.