Business Jets

Business Jets Bounce Back

The business jet segment suffered badly from an extended economic downturn but is now seeing a new generation of airplanes becoming available, introducing features and technologies that are equal to, and in some cases superior to, jets in airline service.

The business jet market has a resilience all its own. While defense spending has sharply declined, the commercial sector is over-flowing with multi-thousand order backlogs. But if business jet orders can tail off dramatically and then bounce back so quickly, what accounts for this collective long-term immunity to volatile market demands?

One answer is competition. There are now so many manufacturers of business jets in the world there are niche markets within the sector that enable products to be offered for almost any need, from a private Airbus Corporate Jet (ACJ) A380 down to a 4-6 seat entry-level jet.