Uncertain economic and political environment is forecast to dampen the global business jet aviation market. The outlook for the global business jet aviation market over the next decade looks a little less promising mainly because of uncertain economic and political environment. Some 8,300 new business jet deliveries worth US$249 billion (8.32 trillion baht) are expected for the next decade, down 2-3 percentage points from last year's projection. "That said, there are several new and exciting aircraft models coming to market, which will drive solid growth in new business jet purchases in the mid-term and long term." Asia-Pacific: Impacted by regional tensions, purchase plans are down significantly from last year and back to 2014 and 2015 levels.

Source: Bangkok Post October 10, 2017 01:30 UTC