A 'Hot' New Report Recently Released By Brian Foley Associates
If patience is a virtue, then business jet makers are the most virtuous of all, having waited some 13 years until now to proclaim that business is booming once again. Back in 2008, the industry delivered over 1,300 shiny new aircraft worldwide. Following the 2008-09 Great Recession, that figure atrophied to just half that amount annually, around where it still remains today. But that’s all about to change. Call them one of the late beneficiaries of the pandemic. For 2020, which included the depths of the pandemic, the industry actually had 20% fewer aircraft deliveries than the previous year, an anemic level not seen since 2004. This was brought on by a combination of factory shu