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U.S. Trade Commission Files Report on Business Jet Industry

June 05, 2012, 07:30 AM
Filed Under: Aircraft

AINonline reported that the U.S. International Trade Commission (USITC) has issued a report stating, “The U.S. business jet manufacturing industry is facing new challenges as it competes in a market environment characterized by tightened credit, uncertain government funding for research and development and new entrants into the industry,”
According to the AINOnline report, the commission report covers the 2006 to 2010 period, along with all available data from 2011, for business jets with an mtow of 50,000 pounds or less.

The report provides an overview of the structure of the U.S. and global business jet industry, and discusses the global market for business jets and the effects of the recent economic downturn on business jet demand, among a number of other data points.

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