By Robert Goyer, FLYING Magazine October 2009 Issue
WHILE THE ECONOMIC DOWNTURN WAS devastating to aircraft manufacturers and their suppliers, there was one segment of the industry, shared ownership, that saw its business hold the line and even, in some cases, expand.
Downturns often create business opportunities for companies that exist outside the core of an industry. And with shared ownership, the appeal today is natural: Customers can get a good deal of usage for less money down and with certain safeguards that their investment is not just going to go away if the company managing the airplane does. Most shared-ownership agreements put the customer's name right on the airplane's title...
Click Here to continue reading or to view/print a PDF version of this article.
|