Nov. 30, 2020
A gradual economic upswing, fueled in part by the anticipated release of multiple vaccines against COVID-19, should benefit preowned business aircraft sales, as new buyers continue to enter the market in 2021, even if airline flights also rebound. “Whether it’s for private transportation or for business use, I think people accept the cost and then they become very comfortable with this mode of transportation,” said Par Avion Ltd. Founder and President Janine Iannarelli. “So I have a positive outlook on growth within the industry and retention of these new buyers.”
In this episode of NBAA’s “Flight Plan,” host Rob Finfrock speaks with:
International Business Aviation Council Ltd.