Slow aircraft sales stall industry awaiting rebound

Until this most recent, long and painful recession, the rule of thumb followed by those who analyze the business aviation market is that aircraft sales, new and used, follow an increase in corporate profits by about 18 to 24 months. 

Assuming this to be true, and it has been true for the previous four or five recessions, then business aviation should already be showing healthy growth and the completion and refurbishment segment should be close behind. But it hasn’t happened yet. And little has changed in the cabin completion and refurbishment business for the past five years.