Citi Reiterates 'Cautious Optimism' for Bizjet Market
Despite macro factors, Citi Research is cautiously optimistic about the bizjet market, citing stabilized pricing/values and new products driving demand.
The mood last week at EBACE 2019 was "benign," said Ford von Weise, global head of aircraft financing for Citi Private Bank. Overall, aerospace analysts at sister division Citi Research remain "cautiously optimistic" about the business jet market. (Photo: David McIntosh/AIN)
The mood last week at EBACE 2019 was "benign," said Ford von Weise, global head of aircraft financing for Citi Private Bank. Overall, aerospace analysts at sister division Citi Research remain "cautiously optimistic" about the business jet market. (Photo: David McIntosh/AIN)