InfoAnda - Business aviation execs confident in steady recovery |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

UBS sued in HK over investor's $26 million loss | 30 July 2009
Adele's 21 is top-selling U.S. iTunes album of 2012 | | 14 December 2012
"Tangled", "Megamind" among animated Oscar contenders | 16 November 2010

World Bank: India To Grow 8 Percent In 2011 | 10 June 2010

Forum Views () Forum Replies ()

Read more with google mobile : Business aviation execs confident in steady recovery |

Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Crime riles Arizonans bent on immigration crackdown 10:31am EDT UPDATE 1- Sinatra week ends Aaron Kelly's run on "Idol" 1:20am EDT Luggage explosion causes scare at Houston airport 04 May 2010 Americans "bombarded" with cancer causes: government panel 11:14am EDT Many possible triggers for wider euro debt crisis 05 May 2010 Greek PM presses austerity plan, vows to fight graft | Video 11:09am EDT Greece to back austerity plan | Video 10:41am EDT Euro, world stocks hit by Greek contagion fear 8:23am EDT Wall Street extends losses on Greece worry 11:25am EDT WRAPUP 1-US asks Pakistan for help in NY bomb probe-report 12:36am EDT Americans "bombarded" with cancer causes: government panel 11:14am EDT Crime riles Arizonans bent on immigration crackdown 10:31am EDT Bad night's sleep can hamper body's insulin use 05 May 2010 Congress probing J&J Children's Tylenol recall 9:31am EDT Many possible triggers for wider euro debt crisis 05 May 2010 Sprint to unveil new text-centric cell plan 12:21am EDT Greece to back austerity plan | Video 10:41am EDT U.S. safety agency looking into P&G's new Pampers 05 May 2010 Obama biggest recipient of BP cash 05 May 2010 FDA finds grime at J&J plant, urges use of generics 05 May 2010 Business aviation execs confident in steady recovery Robert Evans GENEVA Thu May 6, 2010 11:35am EDT Related News Ash cloud grounds flights in Scotland and Ireland Wed, May 5 2010 Ash grounds Irish, UK flights; summer chaos feared Tue, May 4 2010 Plane sales likely to lag business aviation pickup Tue, May 4 2010 Ash closes Irish, UK airports Tue, May 4 2010 Business aviation recovering fast - Eurocontrol Mon, May 3 2010 A British Airways jet lands at Heathrow airport in west London April 21, 2010. Credit: Reuters/Toby Melville GENEVA (Reuters) - Business aviation, hit badly by the global economic recession, looks to be pulling out of its 2009 nosedive and is heading for strong recovery from the end of this year, a top industry official said on Thursday. World Brian Humphries, president and chief executive officer of the European Business Aviation Association (EBAA), told Reuters clear signals of the rebound had emerged during one of the sector's key trade shows in Geneva this week. "Everyone has been saying that we are moving back toward normal life, steady growth. There won't be a sudden 'boomph' but flying activity is already picking up and people are already looking to build up fleets," Humphries said. Ed Bolen, chief executive of the U.S. National Business Aviation Association NBAA, said interest in the Geneva show and business activity during its three days backed up this view. "It really has been much more than we hoped for," he said. Business aviation ranges from large corporate jets built by companies like Boeing and Airbus through medium-range planes operated by specialist firms to air taxis and small planes used for medical evacuation. In Europe, studies have shown it contributes $19 billion annually to the economy, or 0.2 percent of GDP, and employs some 164,000 people, while in the United States it contributes around $150 billion annually and generates some 1.3 million jobs. SERVICE AND EQUIPMENT FIRMS Closely linked to the sector are service and equipment supply firms ranging from specialized airports, aircraft maintenance and pilot and crew training through finance to communications and plane paint and upholstery. From 2001, when the annual Geneva show, called EBACE, was first held, the operational sector of the industry was growing by 10 percent annually, but in 2008-09 it contracted by around 15 percent globally. The Brussels-based aviation air traffic safety body Eurocontrol, said on Monday flights were up nearly 6 percent in the first quarter over the same period in 2009, climbing to 11 percent in March over the same month last year. The NBAA said that in the United States, the sector's largest market, flights were 12 percent up in the first quarter. But officials and analysts attending EBACE, which ended on Thursday, said sales of jets and turbo-prop planes were likely to lag behind the flight pick-up because of a continuing excess of capacity, and a continuing shortage of financing. However, deals were announced during the show including one by Canada's Bombardier with the Swiss-based Vistajet for the supply of seven new jets worth $200 million. Bombardier's chief rival for the mid-range sector, Brazil's Embraer, said it was looking for a good pick-up in 2011, while Swiss PrivateAviation, the business aviation division of Lufthansa, announced that it would be adding new, larger aircraft to its fleet this year. Contracts announced at EBACE, like similar shows elsewhere, are often concluded in advance. But Louis C.Seno, president and chief executive officer of the Chicago-based JSSL airframe and engine cost maintenance company had a different experience. "We have had people coming in and signing contracts with us on the (exhibition) stand without advance notice," he said. "That is another good indication of confidence that this industry is picking up," said Humphries. (Editing by David Cowell) World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters Pakistan says NY suspect probably didn't act alone KARACHI/BEIJING (Reuters) - Pakistan said on Thursday it was unlikely a Pakistani-American arrested over a failed plot to bomb New York's Times Square had acted alone. | Video No bomb found in truck on New York bridge: police BP to lower huge box over gushing oil well | Video New Nigerian leader pledges electoral reform | Video Facing protests, Mubarak vows help for Egypt poor Oil lobby money unlikely to quell storm over BP » More Top News Greece vows to "walk alone" The Greek government said there was "no alternative" to deep budget cuts and said it would press ahead with the austerity plan in the face of violent opposition. Full Article | Video A snapshot of austerity to come Timeline: Greece's debt crisis Can Greece avoid default? Breakingviews: U.S. shouldn't be smug Slideshow: Chaos in Greece Greece Special Report: Bailed out and cashing in Wall Street bankers faced the most grief about their fat paychecks, but homebuilder execs' generous pay has gone under the radar despite their own brand of government bailout. Full Article Foreigners return to mortgage assets Home loan demand up More sellers cut home prices in April Housing Market © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 6 May 2010
Iraq's Shiite parties edge out Sunni-backed coalition
South American nations to boycott EU-LatAm summit
Resurgent Time Warner hints at MGM bid
Taliban launch suicide attack on Afghan city
Spain in eye of storm on Greek contagion fears
Google revamps search results page
Iran accepts Brazil mediation to revive atom deal
Dementia boosts risk in spouse too: study
U.S., Karzai seek common view on Taliban talks |
Facebook glitch exposes chat messages
GM recalls 162,000 Hummers over hood fault
Lack of sleep linked to early death: study
Washington Post puts Newsweek up for sale
Somalis hijack Russian tanker, warship dispatched |
Iran 'Twitter Revolution' comes to Paris
Finnish regulator says it is probing broadband fees
U.S. and other big powers back Mideast nuclear arms ban |
Mobile broadband use to leap by 2015: Ericsson
Police arrest 58 in Darfur investment scam probe |
Gray market iPads selling like hot cakes across Asia
China could force web users to disclose real names
Earthquake strikes off Indonesian coast |
Netanyahu, Mitchell meet over fresh peace moves
US notches up security again after car bomb plot
China detains two men threatening new school attacks
Earthquake strikes off Indonesian coast
Taliban suicide squad targets Afghan govt compound
Pakistan court acquits four over Marriott attack: lawyer
Nukes, trade underpin NKorea leader's China visit
Several hurt in clash over Vietnam cemetery: witnesses
Japan PM under fire over US base U-turn
N.Korea leader in Beijing for talks with Hu: report
Thais cast politics aside, honor their ailing king
HP names Microsoft veteran to lead software |
Cult Millennium crime trilogy to be shot in Stockholm: film commission
Renault-Bajaj car aims to challenge Nano
Taiwan bank sues North Korean lender over unpaid loan
China's Baosteel moves towards short-term prices for imports
Bangladesh's garment exports rebound in March
Cult Millennium crime trilogy to be shot in Stockholm: film commission
US-ENTERTAINMENT Summary
Miley Cyrus releases sexy video for "Can't Be Tamed"
Spain's Almodovar reunites with Banderas for new film
Controversial Stalin monument dedicated in Ukraine
Nazi victims and perpetrators remembered, 65 years on
Cuba eyes tourism investments, including from US
Madrid Open finals to take on a new dimension
Indonesian shipwreck treasure auction flops
Top conductor slams Italy's proposed opera house reform
Miley Cyrus releases sexy video for Can't Be Tamed |
Twilight Saga: Breaking Dawn set for 2011 release |
Woodward book on Obama due out in U.S. in September |
Indie films await sign of VOD, Web download success |
Brazil denies Iran's talk of nuclear swap plan
Britons vote in closest election race for decades
U.S. envoy, Netanyahu hold inconclusive talks
Fears of Greek contagion sweep global markets |
US-TECH Summary
Sprint to unveil new text-centric cell plan
Britons vote in photo finish election |
Facebook glitch exposes chat messages
Greek unions call protests ahead of austerity vote
Russell Crowe, Jennifer Lopez To Appear On BBC America Talk Shows
Cybersecurity meet ends with calls for global cooperation
Greek crisis steals show at ECB meeting
Thai protesters demand more talks before quitting |
Jonas Brothers Go Hollywood On Disney Channel's "JONAS L.A."
Freddie Mac asks for fresh 10.6 billion dollar bailout
Facebook privacy snafu exposed user chats
Freddie Mac Looking For More Than $10 Billion In Additional Federal Bailout
Nigerian president dies, acting leader to take over |
HP names Microsoft veteran to lead software
Singer Taylor Swift Named New Covergirl Representative
Picasso Painting Fetches Record Price For Art Of $106.5 Million
AC/DC 'Iron Man 2' Soundtrack Tops Charts Ahead Of Hollywood Sequel
Iran holds war games in Gulf amid nuclear tension |
US-TECH Summary
Senate Removes Bank Bailout Fund From Financial Reform Bill
U.S. Markets Fall Again As European Debt Crisis Looms
Senate Witnesses Advocate Crackdown on Terrorism Suspects Buying Guns
One pirate dead, 10 captured in Russia tanker rescue |
B.o.B. Lands #1 Debut On The Billboard 200 Albums Chart
Hong Kong arrests footballers over match-fixing: report
Area of black boxes from 2009 Air France crash found |
Myanmar police accuse exile group over Yangon blasts
US faces new terror threats, tactics out of Pakistan
Magnitude 6.4 quake rattles S. Peru, N. Chile |
Malaysian sultan under watch after palace man shot
BP 'dome' carries hopes of averting oil catastrophe
Liberian to hang for drug trafficking in Malaysia
Philippines scrambles to fix glitch before vote
CIA drones hit wider range of targets in Pakistan |
One baby with syphilis born every hour in China: study
Empty promises, vote-buying in Philippine slums
US lawmakers threaten Japan on child custody
Japan restarts controversial nuclear reactor
Thai PM eyes September dissolution of parliament
'Iron Man 2' eyes record as blockbuster season begins
China's new controls on property developers: report
Seoul shares lose 2 pct amid heavy foreign selling
Facebook privacy snafu exposed user chats |
S.Korea sees more overseas investments this year
S.Korea won posts biggest daily pct fall in 10 mths
Sprint to unveil new text-centric cell plan |
Peugeot, China's Changan sign joint venture deal
Gaza's new killers: generators leave over 100 dead
Toyota's domestic sales up 50 percent in April
U.K.'s Conservatives get a "yes" from Simon Cowell
China's Hua Xia Bank fundraising plan, shares drop
Comedy Central plans sex talk show, Jesus cartoon
S.Korea says BHP-Rio deal review may finish in H2
Sinatra week ends Aaron Kelly's run on "Idol"
Eurozone tremors rock Asian shares
Google sues indie label over copyright claims
Seoul shares lose 2 pct amid heavy foreign selling
Usher hits No. 1 on U.S. singles chart for 9th time
Sotheby's NY records solid auction
'Iron Man 2' eyes record as blockbuster season begins
"Idol" TV's biggest revenue generator: Forbes
Iron Man 2 packs a punch for Disney |
Sinatra week ends Aaron Kelly's run on Idol |
Usher hits No. 1 on U.S. singles chart for 9th time |
U.K.'s Conservatives get a yes from Simon Cowell |
Iron Man 2 primed for superheroic U.S. opening |
Comedy Central plans sex talk show, Jesus cartoon |
Google sues indie label over copyright claims |
Avatar stays atop home video sales charts |
Idol TV's biggest revenue generator: Forbes |
B.o.B's Adventures arrives atop U.S. album chart |
Nuclear watchdog urges united int'l pressure on Iran
Russian marines free tanker, capture Somali pirates
Cybersecurity experts share their 'nightmares'
German industrial orders surge 5%
European financial markets stage modest recovery
Pakistani sentenced to death for Mumbai attacks |
Oil Spill: Obama Administration Offers Financial Help to Louisiana Small Businesses
Britain votes in tight general election
Nuclear watchdog urges united international pressure on Iran |
“Being Human” Second Season Premiering On BBC America In July
Doomed Air France jet's black-boxes 'located'
UVA Murder Suspect Has Criminal Past
Greek PM presses austerity plan, vows to fight graft |
Nigeria mourns death of president Umaru Yar'Adua
Kuwait says finds Gulf War mass grave of Iraq troops |
Army Contractors Injured In Alabama Blast Succumb To Wounds
Glimpse Of “Lost” Script Apparently Leaked Online
Democrats Set Back With House Appropriations Chair David Obey's Retirement
Apartment Manager Drops Ottoman On Man's Head
MRIs Accurately Test For Breast Cancer Metastases
Drinking While Pregnant Ups Children's Risk Of Rare Cancer
Facing protests, Mubarak vows help for Egypt poor |
RFK Bridge Reopens As NYPD Finds Abandoned U-Haul Not A Threat
Business aviation execs confident in steady recovery |
NATO soldiers killed in southern Afghanistan
Russian forces free oil tanker, kill Somali pirate |
Sri Lanka to probe alleged wartime rights abuses
Indian police tear gas supporters of rebel leader
Local Pakistan politicians shelter militants
29 dead after tornado, storm in southwestern China
Myanmar opposition party looks beyond its closure
Pakistani accused in Mumbai attacks gets death
Myanmar arrests a suspect in Yangon bombings
Mumbai gunman sentenced to death
South Korean driver earns license on 960th try
Facebook privacy snafu exposed user chats |
Nokia board says supports management's strategy |
Pakistan's forex reserves rise to $15.04 bln
Pakistani stocks, o/n rates end flat; rupee weakens
Poland's old steam trains still on track
GM China reports record April sales
Hermes sales surge in Asia, slump in Japan
Nintendo profit drops for first time in 6 years
Nintendo's annual profit down 18 percent
Japan's Sanyo aims to return to profit this year
Hollywood eyes another $4 billion summer movie season |
Nintendo profits fall on declining Wii sales
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01