Business Jet Aircraft Industry: Structure and Factors Affecting Competitiveness

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By Peder A. Anderson (ed); Deborah McNay (ed)
Year: 2012
Pages: 220
Binding Paperback
ISBN 978-1-4578-3410-3

Product Code: 1457834103

Description

Describes and analyzes factors shaping the competitiveness of the U.S. business jet (BJ) industry during 2006-11, as well as the industryäó»s structure worldwide. The U.S. has been the leading player in the industry since its inception in the 1960s. However, competition is strong, frequent cutting-edge updates are necessary, and demand is cyclical. During the recent economic downturn, deliveries dropped 57%, from a peak of 1,121 aircraft in 2008 to 485 in 2011. This decline largely reflected customersäó» lower profits and the scarcity of credit. However, as demand for BJ softened in traditional markets, such as the U.S. and Europe, it rose in emerging economies, which were less affected by the downturn. Charts and tables. This is a print on demand report.

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