New Data Shows Consistent Growth For BizAv In Asia, Eastern Europe, Middle East | 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 02.08.16

Airborne 02.09.16

Airborne 02.03.16

Airborne 02.04.16

Airborne 02.05.16

Airborne Hi-Def On YouTube

Airborne 02.08.16

Airborne 02.09.16

Airborne 02.03.16

Airborne 02.04.16

Airborne 02.05.16

Wed, Nov 14, 2012

New Data Shows Consistent Growth For BizAv In Asia, Eastern Europe, Middle East

JSSI Report Shows The Americas Remain Steady While Europe Dips

As the United States continues to apparently slowly recover from what many are calling the Great Recession, the business aviation industry can report that it, too, is seeing some improvement, with growth around the world in markets like Asia Pacific (+6.1 percent), Eastern Europe (+10.7 percent) and the Middle East (+3 percent). Flight hours were not as strong for Europe or North America, with a dip of 4.4 percent and 1.6 percent respectively. Africa fared the worst with a loss of 16.9 percent.

JSSI has released a quarterly, in-depth index that tracks the number of hours that business aircraft have flown, by region and aircraft type. "Flight hours are a direct indicator of the overall health of the economy," said JSSI Co-President, Susan Marr. "It's not surprising that North America remained relatively flat, while growth markets like Asia Pacific and Eastern Europe continued with steady growth. The European economy is still very much hampered by the Euro Zone crisis, and our numbers reflect that."

In response to the growth in Asia, JSSI recently announced the opening of its Asian headquarters at the Hong Kong International Airport. The company has also forged a strategic partnership with China Business Aviation Group, China's leading provider of turnkey solutions for aircraft purchases and operations, in order to support JSSI's business development strategies throughout the region.

The business aviation industry has been a political hot button issue of late. But the industry itself, a $150 billion industry, is vital to a healthy U.S. economy. It allows companies large and small the ability to do business on a global scale while supporting more than 2.1 million middle class American jobs.

FMI: www.jetsupport.com

Advertisement

More News

Airborne 02.08.16: Gone West-Jeff Pino, UAL Flt Training, Skydive Myrtle Beach

Also: FAA Reauthorization Fight, Westjet 737, FAA Unions, Tuskegee Airmen Mustang, Orion Crew Module, NATA, Commercial/CFI Syllabus ANN is aggrieved to report that former Sikorsky >[...]

Airborne 02.05.16: Collier Trophy Noms, NJ Homeowner Nonsense, Flight Design USA

Also: A-10 Survives, The Essential Aero-Community, Miami Seaplanes, ERAU WACO, Jeppesen Leadership, ADS-B Kickstarter, Guilty Non-Pilot The National Aeronautic Association announce>[...]

Airborne 02.08.16: Gone West-Jeff Pino, UAL Flt Training, Skydive Myrtle Beach

Also: FAA Reauthorization Fight, Westjet 737, FAA Unions, Tuskegee Airmen Mustang, Orion Crew Module, NATA, Commercial/CFI Syllabus ANN is aggrieved to report that former Sikorsky >[...]

ANN's Daily Aero-Linx (02.09.16)

General Aviation Awards The mission of the General Aviation Awards program is to recognize individual aviation professionals on the local, regional, and national levels for their c>[...]

ANN's Daily Aero-Term (02.09.16): Center Weather Advisory

An unscheduled weather advisory issued by Center Weather Service Unit meteorologists for ATC use to alert pilots of existing or anticipated adverse weather conditions within the ne>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC