Report Forecasts Weak Decade for Business Jets

Business Jet Traveler » February 2009
Sunday, February 1, 2009 - 4:00am
Brian Foley Associates has completed its 10-year Business Aviation Market Brief & 10-year Jet Forecast and the news isn't good. "Virtually any start-up air taxi, charter or fractional program will be extremely challenged by the current economic environment," according to the Sparta, N.J. firm. "In our view, a sizeable number of these entities will disappear or indefinitely defer orders, greatly complicating the lives of OEMs with exposure to this segment in the form of unsold product. The manufacturers also risk order deferrals, even from the sound, established fractional providers who can postpone deliveries."
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““I guess an airplane is pretty decadent, right? But if anyone has a problem with that, tell them to go f--k themselves, because I will live in that trailer [I own] in Alabama before I give up that f--kin’ airplane. That airplane is, hands down, the greatest luxury a human being could have. There’s nothing that f--king beats it. F--k a yacht.” —musician Kid Rock, when asked to name his most decadent purchase  Source: Rolling Stone   ”

-Kid Rock, musician