Expansion predicted for corporate jet market

An industry forecast suggests there will be continued growth in the business jet market over the coming years. “The return of the corporate buyer proves what we’ve always known: the continued importance of face-to-face interactions in the relationship world of business,” said Jahid Fazal-Karim, Jetcraft owner and chairman of the board. A new report by Jetcraft showed transaction values hitting a record $16.3bn in 2022. “Video conferencing technology served a purpose for all of us when the borders were closed, but businesses recognise the value of in-person meetings,” said Fazal-Karim, who predicted from next year “values will stabilise at above $15.4bn