AIA says bizjets to recover in 2010, grow in 2011

 - December 29, 2009, 9:34 AM

While the setbacks suffered by the business aviation industry over the past year or so have been substantial, the Aerospace Industries Association (AIA) expects them to be short-lived. “As the global economy strengthens, net new business aviation orders are expected to begin recovering in 2010, leading to growth of new business aircraft deliveries in 2011/2012,” AIA president and CEO Marion Blakey said last month at the association’s annual year-end aerospace review and forecast lunch.