As business aviation continues to be buffeted by economic headwinds nearly five years after the start of the global financial crisis, signs of a turnaround have been stubborn to materialize. But the turnaround is coming, experts insist, and maybe sooner than many of us think.
At the annual JetNet IQ Global Business Aviation Summit in New York yesterday, industry insiders and financial analysts acknowledged the painful impact the economic downturn has had on business aviation, but they said there are strong indications the market is finally turning a corner, thanks in large part to improving conditions in the United States.
