VVIP completion houses in buoyant mood

One sector of the recession-hit business aviation industry is bucking the trend by declaring 2009 to be shaping up as one of the best ever.

Demand for head-of-state "VVIP" widebody airliners continues to grow unabated, and suppliers to the top end of the completions market were in buoyant mood at the show. The head-of-state market is almost completely insulated from the aircraft-financing squeeze that has had such a detrimental impact on the spending power of high net-worth individuals. Most government-backed VVIP projects were budgeted for several years ago and are proceeding as planned. Read more...