• Business aviation is enjoying a record period, with manufacturers reporting strong sales and OEM backlogs stretching into the future.
• Private flying is above pre-pandemic levels, but the industry's boom may be unsustainable.
• Industry leaders are warning of structural risks and erosion of discipline, including staffing shortages, airport congestion, and supply-chain fragility.
• Market behavior reflects the same drift, with vanity purchases, aggressive marketing, and a general erosion of responsibility.
• The industry's focus on sustainability has nearly disappeared, and climate concerns are being ignored.

The industry's current boom may be unsustainable, and its failure to explain its social value could make it vulnerable to public opinion and economic downturns. If the industry fails to adapt, it may face a future where it is seen as a luxury only for the wealthy, leading to a decline in its social acceptability and potentially even regulation.