Business aviation market logs year-over-year growth
Nov. 1, 2012
ORLANDO, Fla., 31 Oct. 2012.The business aviation market experienced growth in corporate profits, gross domestic product (GDP) increases, a rise in flight hours, and expanded opportunities internationally, described Caroline Daniels, chairman of the General Aviation Manufacturers Association (GAMA), during NBAA 2012.
ORLANDO, Fla., 31 Oct. 2012.The business aviation market experienced growth in corporate profits, gross domestic product (GDP) increases, a rise in flight hours, and expanded opportunities internationally, described Caroline Daniels, chairman of the General Aviation Manufacturers Association (GAMA), during NBAA 2012.
The industry’s picture is mixed, and its optimism tempered, Daniels continued. “After all, not all business aircraft types saw an increase in shipments and billings this year. And we think that trend points to an additional concern: the continuing lack of financing,” she said.
Courtney E. Howard | Chief Editor, Intelligent Aerospace
Courtney enjoys writing about all things high-tech in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Intelligent Aerospace and Military & Aerospace Electronics. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics and space geek. Connect with Courtney at [email protected], @coho on Twitter, on LinkedIn, and on Google+.
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