December 22, 2009 - Forecast Strong For Business Aviation

Economic Uncertainty Not Dampening Business Jet Demand. Volatile financial markets and credit crunch concerns don't seem to be making a dent in record demand for business jets. "The order environment for business jets continues to be robust," said Jack Pelton, Cessna Aircraft's chairman, president and CEO, during an appearance at last week's JP Morgan Aviation and Transportation Conference in New York. "Based on strong order activity to date, we are expecting a very strong new order book in the first quarter and remain confident that we will record over 570 business jet orders this year," Pelton told attendees. Business Aviation Weekly 3/26/08