AIA says bizjets to recover in 2010, grow in 2011

While the setbacks suffered by the business aviation industry over the past year or so have been substantial, the Aerospace Industries Association (AIA) expects them to be short-lived. “As the global economy strengthens, net new business aviation orders are expected to begin recovering in 2010, leading to growth of new business aircraft deliveries in 2011/2012,” AIA president and CEO Marion Blakey said last month at the association’s annual year-end aerospace review and forecast lunch.