What Happened
Industry Experts Weigh In On Trends And Predictions
The aircraft market is showing signs of bifurcation, with experts predicting nearly 900 deliveries this year. The business aircraft OEM backlog is evolving, and market trends may indicate a strong used market. New fighter contracts have been awarded to major defense primes, such as Boeing’s $20 billion F/A-XX deal. According to Rolland Vincent, the market is expected to remain strong in the fourth quarter. This article was first reported by Aviation International News.