Airbus Corporate Jets Predicts An Increase In The Business Aviation Industry

In late October, Airbus Corporate Jets (ACJ), Airbus’s business aviation-focused segment, released several studies showing the impact of business aviation on the United States economy. Specifically, ACJ believes that business aviation will contribute approximately $183 billion to the US economy in the next five years. Currently, the industry contributes around $150 billion. The President of Airbus Corporate Jets, Chadi Saade, spoke about this outlook, stating,