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2018 CEO BizAv Outlook: Aircraft Sales, Charter, Jet Cards, Pilot Shortages, Fuel Prices And Taxes

Forbes / Doug Gollan / January 2018 - What’s the business outlook for business aviation? Will this be the year that sales of used aircraft are strong enough that the sellers become buyers of new private jets? Has pricing stabilized? What's happening across fractional ownership, jet cards and on-demand charter? Is the industry expanding or just treading water. What about fuel prices? How will the new tax scheme in the U.S. impact the industry? Is there a pilot shortage coming? Are new business models getting traction? How did 2017 end? What's the outlook for 2018? We called into the corner offices of over 30 industry CEOs and asked them to look into their crystal ball and share with Forbes.com readers what they are seeing....

Craig Sincock, President & CEO, Avfuel

"Before we look ahead, it’s important to look back. 2017 was a great year for the business aviation fuel market. We saw this division continue its march ahead in strong single-digit gains year over year— and not just in the U.S., but in Europe as well. We expect the business aviation fuel market to see a similar level of growth in 2018 as it did in 2017, thanks to the upturn in global economic conditions."

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