Sun, Sep 18, 2016
New Research Finds Nearly All Surveyed Are Bullish On The U.S., Canadian Markets
New research from Florida-based Global Jet Capital, a global provider of financing solutions for corporate aircraft, reveals 90% of business aviation professionals from around the world believe the U.S. market is currently attractive for finance companies, with 59% saying it’s ‘very attractive’. Just 4% describe it as ‘unattractive’.
The corresponding figures for the Canadian business aviation market are 67%, 34% and 7%.
Some 200 industry professionals were interviewed, and the majority anticipates these two markets will become even more appealing to business aviation finance companies over the next three years. Nearly six out of ten (59%) believe this about the US market, and just 5% think it will become less attractive. The corresponding figures for the Canadian business aviation market are 42% and 7%.
Speaking at the NBAA Regional Forum in White Plains New York, Dave Labrozzi, Chief Operating Officer Global Jet Capital said: “A number of industry reports predict a long-term increase in the number of new business jet deliveries and our findings clearly reflect this optimism.
“Earlier this year, Bombardier Business Aircraft predicted that between 2016 and 2025, there would be up to 8,300 new business jet deliveries representing around $250 billion in industry revenue, with larger aircraft continuing to dominate the market. Similarly, when asked which aircraft business aviation professionals believe to be the most appealing to finance companies, the vast majority said heavy to mid-sized jets, which is what we specialize in.”
Global Jet Capital’s research revealed that 51% of business aviation professionals expect financing the purchase of medium sized jets to become more attractive compared to 13% who think it will become less appealing, and the corresponding figures for heavy/ large jets are 48% and 18%.
However, 28% of business aviation professionals believe that very light jets will become less appealing compared to 21% who think the opposite.
(Source: Global Jet Capital news release. Image from file)
More News
Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]
Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]
“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]
How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]
Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]