RE:RE:RE:RE:Large business jets are recession proof Recession resistant, yes, proof, no. Europe is in a mild recession, and private jet flights are down a lot more than the US, which isn't in a recession. And if we go down hard, orders and flights and maintenance will get stung, too, just not as much, and hopefully not nearly as much, as the average business. It's not just the insulated wealthy that buy Bomber's planes, but corporations, too, some of which would surely feel the squeeze. Still, smart move by mgmt to emphasize the most resistant parts of the biz, may come in handy worldwide as soon as next year.
Having about two years of backlog should help a lot, too, of course. Will be very interesting to see what happens to it over the next year. The NetJets 8000 order adds to it, but might move some orders from the next two years to >=2025, as the PR said all of their 7500s will be converted to 8000s, and the latter doesn't go into service until 2025. And the green's pressure reportedly had some buyers second-guessing their orders. Bomber had to convince one guy to take his 7500. So that's a wild card.