Current market conditions in corporate aviation.

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·Nov 3, 2024

[Music]

I was going to hit that peak next year. Do you expect the demand to remain? If you got that report just the other day, maybe it was delivered to you by horse, because that information is old and it's not true. The industry probably hit its peak, I'd probably say six months ago.

It started slowing down a little bit around the world, and the threat of a European and U.S. recession coming. You see these bank failures now are giving people cause for, you know, holding back. I think there's a multitude of stocks.

Okay, you start seeing the five or ten big-name stocks have jumped back up, but most of the little people, little companies, have really had drastic drops in the last six months in the stock market. Private Equity markets have gotten really, really quiet.

The companies who are private, you know, were always jumping and going after revenue, revenue, revenue. And now they're saying, "Hey, go find a way to make profits." They're cutting back on their investments, and just a lot of the world is just taking a breather.

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Current market conditions in corporate aviation.

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