Mon, Oct 10, 2011 - Page 10 News List

Business jet sales set to boom next year


The market overall “has held relatively stable over the last several months, albeit at already low levels, despite a worsening economic outlook,” David Strauss, an analyst with UBS Securities LLC in New York, wrote in a note on Thursday.

However, Strauss warned in his monthly report that “softness in our survey of industry professionals and other key bizjet market indicators we track, including flight activity and used pricing, leaves us less optimistic about a recovery in 2012.”

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