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Consulting Firm Predicts ‘Sluggish Growth’ for Corporate Jet Market

A report from Alix Partners says defense spending cuts and airline financial struggles will hamper corporate jet demand.

Eric Bernardini, managing director of Alix Partners, bases his outlook on recent category activity. By his count, the industry grew by just 2% last year, ending four years of fast expansion when activity grew by between 15% and 18% annually. Bernardini predicts even slower activity moving forward as jet makers struggle to maintain margins in the face of diminished orders.

For the full article, please visit the Aerospace Industries Association website.
 

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