Says No World Region Today That Could Sustain Current Business Jet Delivery Levels Should Markets Again Decline
Just like the economy, worldwide business jet deliveries have their cyclical ups and downs. The last downturn following the 2008 financial crisis was a doozy, with annual shipments plummeting from 1,300 to under 700. While this was a breathtaking drop by any measure, it could have arguably been much worse, which begs the question of what could be in store in the next downturn. Predictions on that later.