JP Morgan Optimistic on BizJet Recovery

By Benet Wilson benet_wilson@aviationweek.com .

“Guardedly optimistic” is how JP Morgan analyst Joseph Nadol describes a recovery in new business jet demand this year, but warns that the path is a winding one and data points are mixed.

“In March, for example, used inventory ticked up for the first time since October. The increase was slight, but a further decline would have inspired more confidence,” he ...

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