The Business Jet Market is projected to grow from an estimated USD 24.7 billion in 2019 to USD 36.4 billion by 2030, at a CAGR of 3.6% during the forecast period. Factors such as increasing number of high net worth individuals, aging fleet size and upcoming new …
Business jets comprise of jets of different types as well as services, according to the use. In 2013, there were nearly 3,650 charters and air taxi fleet, globally. The market for business jets, since its inception into the aviation world decades back, has witnessed some …
Business jets are designed for transportation of small groups of people. They are commonly used by armed forces, government officials and such other bodies. During the economic slowdown of 2008, small level airlines failed to hold their ground causing a market disaster for the overall …