Trump Presidency Could Boost BizJet Demand, Analyst Says | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

 Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Sun, Dec 18, 2016

Trump Presidency Could Boost BizJet Demand, Analyst Says

Lower Taxes, Less Regulation Could Bring Economic Boom

The election of Donald Trump as President could mean a boost in business jet sales, according to Cowen analyst Cai von Rumohr.

CNBC reports that in a research note released Wednesday, von Rumohr said that the victory by Trump "looks positive for bizjet demand." He said Trump's stated policies of lowering taxes and decreasing regulations could provide the economic stimulus that might have companies looking at jets again.

The analyst also said that the shift away from the Obama administration's anti-businessjet rhetoric could help the market.

The President-elect has owned a private Boeing 757 for many years. It is reportedly worth some $100 million.

According to CNBC, a check of UBS showed a decline in the number of previously-flown G650 aircraft, with 14 on the market, down from the previous high of 18 aircraft. UBS analyst David Strauss said in a note that they have surveyed industry professionals, who say there is some "significant positive momentum" since Trump's election.

(Image from file)

FMI: www.ubs.com

Advertisement

More News

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

ANN's Daily Aero-Term (05.13.24): ILS PRM Approach

ILS PRM Approach An instrument landing system (ILS) approach conducted to parallel runways whose extended centerlines are separated by less than 4,300 feet and at least 3,000 feet >[...]

ANN's Daily Aero-Linx (05.13.24)

Aero Linx: FlyPups FlyPups transports dogs from desperate situations to fosters, no-kill shelters, and fur-ever homes. We deliver trained dogs to veterans for service and companion>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Also: NBAA on FAA Reauth, DJI AG Drones, HI Insurance Bill Defeated, SPSA Airtankers The Beechcraft Denali continues moving forward towards certification, having received its FAA T>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

Airborne-NextGen 05.14.24: 5293 Drone Record, Airbus Acquires, VA-1X UAS Accident

Airborne 05.13.24: DC-9 Jump Plane, Wag-Aero Sold, VA-1X AAIB Report

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC