Analyst: Recovery Will Begin Next Year
Sparta, N.J.-based Brian Foley Associates president Brian Foley foresees a recovery of the business aviation industry in the middle of next year, but not b

Sparta, N.J.-based Brian Foley Associates president Brian Foley foresees a recovery of the business aviation industry in the middle of next year, but not before some unavoidable pain. Young companies and those that lack sufficient capital are likely to be β€œshort-lived,” and shakeups are probable even at established businesses. He lists single-product OEMs as being particularly at risk. The good news is that he believes this activity decrease is only temporary until financial markets stabilize.