Citing its own research and that of Corporate Jet Investor in the UK, Hawker Beechcraft expects strong growth in demand for business aviation financing in Brazil over the next five years.
The Wichita-based OEM said the study reveals that, in Brazil, 46.9 percent of experts anticipate demand for business aviation financing to increase “dramatically between now and 2017,” and 40.6 percent expect only a slight increase. Only China has higher expected growth, Hawker Beechcraft noted.
“As emerging markets continue to enjoy strong economic growth, business aviation is growing dramatically,” Hawker Beechcraft president for the Americas Richard Emery said. “It is in the Latin America region, and especially in Brazil, that we see some of the greatest potential for increased sales.” In fact, he noted that Brazil is now the company’s second-largest market in terms of sales outside the U.S.
Emphasizing this point, Hawker Beechcraft has a major presence at LABACE 2012 this week. In cooperation with regional distributor Lider Aviação, its static display features the super-midsize Hawker 4000, midsize Hawker 900XP, three King Airs (C90GTx, 250 and 350ER) and the Baron G58 piston twin.