Once A Bright Spot, Such Markets Now Struggling, According To Analyst Brian Foley
They were the heroes of the 2009 financial crisis, keeping the faltering business jet industry afloat as mature economies reeled. But a decade later emerging markets are themselves struggling. “Without them, the rout in worldwide business jet unit deliveries, which roughly halved between 2008 and 2012, would have been far worse, if that’s even imaginable,” notes market analyst Brian Foley of BRiFO. “Today however, these regions have their own set of challenges that will dampen business jet sales activity outside of the more mature economies.”