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Business Aviation’s Emerging Markets

Gulfstream Aerospace president Larry Flynn, second from left, announced plans for the OEM’s new service center in Beijing in February last year, and by November the facility was up and running. (Photo: David McIntosh)

Bizav’s New Markets Still Climbing Despite Obstacles

When the financial crisis that exploded in late 2008 began to ravage Western economies in 2009 and 2010, the business aviation industry took well founded comfort from the fact that escalating demand from emerging markets farther east seemed to be shoring up otherwise sagging demand in traditional markets. Since then the international profile of business aviation has continued to expand, prompting manufacturers and service providers to scramble to boost their global presence.

However, it is clear that some expectations of rapid, explosive growth have been confounded by continuing problems in getting business aviation established on a sound footing due to infrastructure and regulatory limitations in key countries such as China and India. 

February 1, 2013, 6:00 AM




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Advocate Consulting Legal Group, PLLC. 3073 Horseshoe Drive South, Naples, FL 34104. Suzanne Meiners-Levy, Esq. (239) 213-0066. IRS Circular 230 Disclosure.  New IRS rules impose requirements concerning any written federal tax advice from attorneys.  To ensure compliance with those rules, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under federal tax laws, specifically including the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Privacy Policy. Terms of Use. RSS Feed