The business jet market, which soared in recent years as U.S. companies posted record
profits and new foreign buyers raised demand, is now facing a hard landing.
The sector could be poised for big drops in demand as corporations cut back
discretionary spending during the recession and dried-up credit makes purchases by
smaller companies and individual owners more difficult. Attacks from politicians who have
portrayed business jets as extravagant and frivolous have also hurt.
Some analysts say recovery will be slow in the face of lower demand and increased
competition from used aircraft that have flooded the market.
source
:http://in.news.yahoo.com/137/20090706/371/tbs-analysis-business-jet-market-faces-s.html
profits and new foreign buyers raised demand, is now facing a hard landing.
The sector could be poised for big drops in demand as corporations cut back
discretionary spending during the recession and dried-up credit makes purchases by
smaller companies and individual owners more difficult. Attacks from politicians who have
portrayed business jets as extravagant and frivolous have also hurt.
Some analysts say recovery will be slow in the face of lower demand and increased
competition from used aircraft that have flooded the market.
source
:http://in.news.yahoo.com/137/20090706/371/tbs-analysis-business-jet-market-faces-s.html
No comments:
Post a Comment