Paris-Le Bourget Airport in France is Europe's most active business aviation airport. A recent industry report by WINGX Advance showed 54,400 total movements last year, slightly up from 2013. Fixed-base operators at the airport say they hope the trend will continue into 2015.
Switzerland's Jet Aviation has recently won a 10-year concession from the Macau Airport Authority to open a business aviation maintenance facility at Macau International Airport. The new operation will supplement Jet Aviation's existing MRO in Hong Kong.
Aviation analyst Brian Foley says that falling fuel prices will benefit general and business aviation, sparking a sales resurgence of small, piston-powered aircraft and midsize business jets and increased flight activity. However, Foley adds that lower fuel prices could lead to airlines deferring orders for new fuel-efficient aircraft.
Honeywell Aerospace's latest business jet forecast predicts a boost in the number of annual deliveries over the decade as manufacturers introduce new aircraft. Honeywell says the demand for business jets between now and 2024 will be worth $280 billion, with strong growth for large-cabin aircraft.
The first private business aviation airport in Brazil received government approval July 25. Brazilian President Dilma Rousseff signed a decree permitting the construction of privately-operated airports months earlier. Aeródromo Privado Rodoanel is being constructed in São Paulo, not far from the city's business district and is expected to accommodate up to 600 aircraft.