The market demand for business jets is likely to pick up significantly from 2018 onwards with strong, sustained growth projections for global business travel spending over near to medium term. The long–term demand drivers & market fundamentals for business jets, too, remain intact, robust & firmly in place indicating towards sustained, steady demand growth for business jets over medium to long term.
Textron Aviation recently announced their new Cessna Denali business aircraft at the EAA AirVentures airshow in Oshkosh, Wisconsin. The plane is designed to offer all the comforts and conveniences of a private jet, but at a fraction of the manufacturing price, thanks in part to its turboprop engine. General Electric Aviation, which developed the advanced…
To show support for the aviation industry, including business aviation, South Carolina Gov. Nikki Haley proclaimed Aug. 22 to 26 as South Carolina Aviation Week, encouraging residents to recognize “general aviation for its significant contributions to our quality of life and economic growth and stability.” “Many businesses in our state rely on aviation, both commercial…