Business aviation is hoping 2017 marks the low point in the decline of aircraft deliveries that began in 2009 and 2018 will see the start of a sustained recovery as new models enter service. But there is no guarantee that the market will cooperate with the forecasters. Business aviation activity is on an upward trend, and inventories of used aircraft—particularly relatively young jets that compete for sales with new ones—are on a downward path. These are positive signs, but the ...

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