An Unexpectedly Strong Year for Private/Business Aerospace

The COVID-19 changes, and their associated aftereffects, have been a mixed bag for aviation. Those prepared to capitalize on the changes have seen bountiful opportunities to expand, with private and business aviation seeing expansions and growth rarely seen as passengers tire of the hassles imposed on airline travel. Strategic investment firm BRIFO opened the year with a brief look at the state of the market. With 2020's rapid lockdowns by fiat, some remained unprepared for the ensuing changes, assuming that the drop in travel was organic and would take time to return to its 2019 levels. Airlines saw a pronounced decline for a time as many locations imposed temporary tr