London Calling Again
Corporate Jet Investor London 2015 takes place while fighting is still taking place in Ukraine, Greece and Germany are still in disagreement and the EU is forecasting GDP growth of just 1.3%.
Seven years after the start of the financial downturn, Europe’s business jet market has still not recovered. In fact, Wing-X says European business jet activity was down 6% in January compared with 2014.
A lot of change is taking place in Europe. During 2008, many people blamed the lack of aircraft sales taking place on financiers. Now new and traditional lenders are chasing deals. We are also seeing big changes in the European operator market.
By the end of the conference we will know the mood of the key players in the market. Last year 69% of attendees were fairly optimistic about 2014. My guess is that the figure may be lower this year.