
1 Aug 2014
BUSINESS AVIATION IN EUROPE – A PAINFUL RECUPERATION
Altitudes Magazine Aug/Sep 2014
This was supposed to be the year that the economy gained ‘escape velocity’ and the business aviation industry followed suit. Buoyed by sustained GDP growth, falling unemployment, and pent-up demand for corporate investment, renewed faith in private jet travel has been anticipated for some time. Last year, these correlations appeared to decouple, but in 2014 the consensus was that business as normal would resume, even in recession battered Europe. Unfortunately the data is …