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The business aviation industry: growth, contraction and consolidation

Author

Listed:
  • Jesse Jacobs

    (Fort Hays State University)

  • Brad Goebel

    (Fort Hays State University)

Abstract

The most significant portion of revenue within the general aviation industry derives from business aviation. Since the mid-1960s, this industry segment has always been largely impacted by recessions. The industry experienced explosive growth during the housing boom and an almost snail-like pace post-recession. Consequently, cost-cutting and industry consolidation have made it challenging to forecast what is ahead.

Suggested Citation

  • Jesse Jacobs & Brad Goebel, 2020. "The business aviation industry: growth, contraction and consolidation," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 55(1), pages 53-61, January.
    • Handle: RePEc:pal:buseco:v:55:y:2020:i:1:d:10.1057_s11369-019-00157-0
    DOI: 10.1057/s11369-019-00157-0
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    References listed on IDEAS

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    1. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    2. Polli, Rolando & Cook, Victor, 1969. "Validity of the Product Life Cycle," The Journal of Business, University of Chicago Press, vol. 42(4), pages 385-400, October.
    3. William E. Cox & Jr., 1967. "Product Life Cycles as Marketing Models," The Journal of Business, University of Chicago Press, vol. 40, pages 375-375.
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    Cited by:

    1. Pantelaki, Evangelia & Papatheodorou, Andreas, 2022. "Behind the scenes of glamour: A systematic literature review of the business aviation sector," Journal of Air Transport Management, Elsevier, vol. 105(C).

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