The change in mood within the business aviation industry since the EBACE show last year truly beggars belief. Since September the financial crisis–severely hurting some of the industry’s best customers, the bankers–has been one kick in the teeth after another. Despite that, the mood at EBACE in Geneva this week has certainly not been desperate. As of last night, visitor attendance had reached 10,738, which would make this year’s event the third largest since the show was launched in 2001. And if that number edges above 11,000 or so today, it will actually turn out to be the second-largest ever. In addition, there are actually more aircraft here at EBACE this year–65 out on the static display compared with 60 last year. EBAA chairman Brian Humphries told AIN that he is encouraged by the turnout this week, as well as by the buoyant attitudes of those attending. Furthering his optimism is the fact that many people he’s talked with at the show believe the industry has stabilized and could soon be poised to return to growth.
EBACE Attendance Defies Economic Gravity
- May 14, 2009, 7:04 AM