Foley: Europeans Can Expect Moderated Growth For GA In Current Climate | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 07.06.15

Airborne 07.07.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

Airborne Hi-Def On YouTube

Airborne 07.06.15

Airborne 07.07.15

Airborne 07.01.15

Airborne 07.02.15

Airborne 07.03.15

 

Sun, May 15, 2011

Foley: Europeans Can Expect Moderated Growth For GA In Current Climate

High Fuel Prices, Carbon Taxes, User Fees All Part Of The Equation

While conditions in other areas of the world slowly become more favorable for a general aviation rebound, the European environment keeps getting more complex.

Against the backdrop of the EBACE conference getting set to kick off Tuesday, industry consultant and investor Brian Foley (pictured) notes that the combined effects of Europe's high fuel prices, user fees, carbon taxes, airspace issues, new regulations, and airport slot restrictions are themselves enough to limit general aviation growth. "And when you factor in sustained economic weakness, a near-term robust market outlook just isn't a reasonable expectation."

But Foley is not totally pessimistic. "Europe will remain a significant market and account for roughly 20% of all worldwide deliveries over the next decade, down slightly from the historical average of 25%. And we see an interesting opportunity in that a disproportionate share of deliveries will go to new customers in Eastern Europe, while Western Europe becomes more of a replacement market for aging aircraft."

European economic factors will gradually force a downward shift in cabin-size mix towards small and midsize jets. "Today, 38% of Europe's business jet population is large cabin," Foley says. "Over time, that should normalize to the worldwide average of 33%. Buying behavior will continue to change as operators embrace the benefits of smaller aircraft, from fuel savings to lower user fees and other taxes. Carbon footprint is important, too. This will encourage Europeans to be even more practical. They'll buy the business tool they need as opposed to the more capable jet they might want, and be content to make that extra fuel stop once or twice a year if it means saving money."

FMI: www.brifo.com

Advertisement

More News

Airborne 07.06.15: Solar Impulse 2, FAA Reauth Delay, Airline Investigation

Also: SpaceX Test, The G500, Senate Appropriations, TSA Causes Cash Confiscation, NASA v Thunderstorms, Virgin Atlantic Cuts, Bristow Scholarship Even those of us who love flying w>[...]

Airborne 07.06.15: Solar Impulse 2, FAA Reauth Delay, Airline Investigation

Also: SpaceX Test, The G500, Senate Appropriations, TSA Causes Cash Confiscation, NASA v Thunderstorms, Virgin Atlantic Cuts, Bristow Scholarship Even those of us who love flying w>[...]

Patty Wagstaff Seeks To Crowdfund A New Airplane

Looks For Donations From The Public With A Goal Of $450K Patty Wagstaff has been flying airshows for more than 25 years. She's an inductee in the National Aviation Hall of Fame ...>[...]

Airborne 07.03.15: New Trig Avionics, Cargo Biz Grows, iOS GPS Fix

Also: 'No Drone Zone', Aviation v Media, Women's Air Race Classic, Houston Spaceport, Navy's New A/C Launch System, GA Fly Safe, FAA InFO Trig Avionics tells us they are unveiling >[...]

AeroSports Update: Red Bull Race Results Are In

Arch Grabs Second Straight Win With Thrilling Victory In Budapest As if the action of Red Bull Racing is not enough, the stunning background provided by the race setting in Budapes>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC