“You want to make sure with a race in which you'll be flying home with other drivers that you don't crash into them. It's happened before, and it can make for a little bit of a tense situation.”
Report Forecasts Weak Decade for Business Jets
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."