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Credit: Gulfstream
Business aircraft manufacturers continue to invest in new products, with about a dozen new or upgraded business aircraft in development from supersonic aircraft to business jets and turboprops, despite a year marked by the effects of a global pandemic.
OEMs’ investment is “what brings customers to the table and they know it. It’s a very competitive space. And it is great news for the customer if you think of it. When has there been a greater time to be a customer? There’s so much choice,” says Rolland Vincent, head of Rolland Vincent Associates, a Plano, Texas-based market research and analysis firm. “I like our position as an industry; we’re snapping right out of this COVID slump.”
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