Study Claims BizAv In Decline, But Potential For Growth | 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-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Tue, May 12, 2009

Study Claims BizAv In Decline, But Potential For Growth

Frost & Sullivan Takes A Stance on BizAv's Future

According to a study by Frost & Sullivan, following unprecedented growth in the last 5 years, Business Aviation is now facing harsh market conditions with aftermarket suppliers holding back investment until recovery.

Maintenance, ground handlers and VIP services suppliers are affected by this, though they are all still looking at potential opportunities in Middle East and Asia where demand is under-served and expected to grow fast once confidence returns.

"2009 is expected to be a challenging year for business aviation stakeholders worldwide, as credit markets tighten and operators cancel or postpone aircraft deliveries. Nonetheless, opportunities still exist particularly in growth regions such as Middle East and Asia, where demand has historically been underserved. Investment in infrastructure and aftermarket services will intensify once confidence returns to the market and the global economy recovers," observes Frost & Sullivan's Aviation Senior Consultant Diogenis Papiomytis.

FMI: www.frost.com

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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