The business aviation industry: growth, contraction and consolidation

Jesse Jacobs () and Brad Goebel ()
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Jesse Jacobs: Fort Hays State University
Brad Goebel: Fort Hays State University

Business Economics, 2020, vol. 55, issue 1, No 11, 53-61

Abstract: Abstract The most significant portion of revenue within the general aviation industry derives from business aviation. Since the mid-1960s, this industry segment has always been largely impacted by recessions. The industry experienced explosive growth during the housing boom and an almost snail-like pace post-recession. Consequently, cost-cutting and industry consolidation have made it challenging to forecast what is ahead.

Keywords: General aviation; Business aviation; Industry consolidation; Transportation; Product life cycle (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1057/s11369-019-00157-0

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