AINalerts » March 13, 2012

March 13, 2012 - 4:00pm

Driven by higher corporate profits and the growth of worldwide GDP, the demand for business jets is beginning to recover, according to the FAA Aerospace Forecast for Fiscal Years 2012-2032, released last week. The more expensive and sophisticated turbine-powered fleet (including rotorcraft) is projected to grow at an average of 2.9 percent a year over the forecast period, with the jet portion increasing at 4 percent a year.


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