A European company that has studied the emerging very light jet market says it's painting a rosier outlook for the sector than it has in the past but there are more caveats than a law library in his assessment. Phillip Butterworth-Hayes, of PMI Media, told AVweb Sunday in a podcast interview to be released on Friday that interest in VLJs seems to be sustained and new market possibilities are opening up but (and there are several of them) the next 12 months will likely be the harbinger of things to come, especially in the air taxi business." A lot will depend on just how robust the aircraft are," Butterworth-Hayes, author of the report, said. He said they're going to be called upon to fly far more hours in more rugged conditions than business jets are normally flown and many are far less expensive than the low-end business jets.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/vlj-market-looking-brighter-according-to-analyst