President Ed Bolen of the National Business Aviation Association declared that the industry he represents is as stable as it’s been since the Great Recession of 2007-2009. Bolen was speaking at the Bombardier’s Safety Standdown at the Hyatt Regency in Wichita. The three day annual event is for aviation safety training for pilots and organized by the Canadian owner of Learjet.
Bolen affirmed that the business aviation industry is performing better in recent days, stating that business aircraft flight hours are going up along with fuel consumption. The number of used business planes for sale is also on the decline.
“I think it would be fair to say 2014, 2015 have been as stable as we’ve seen since the Great Recession,” Bolen said in a brief interview.
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