Corporate aviation finance demand set to rise in the MENA region

New research from Hawker Beechcraft and Corporate Jet Investor among aviation finance experts reveals that, over the next five years, the majority expect demand for aviation finance to increase slightly or dramatically in the Europe, Middle East and Africa region. None of those interviewed anticipate demand to fall.

The companies conducted a poll of 48 aviation finance experts at the International Corporate Jet & Helicopter Finance 2011 conference.
 
“The business aviation market is steadily recovering after it bottomed out last year,” said Kirsten Bartok, HBC vice president, Global Aircraft Financing. “Our research suggests that we can expect emerging and developing markets, which are projected to enjoy sustained growth over the next few years, to provide a growing opportunity for corporate aircraft lessors and lenders. We believe this will be supported by a maturing aviation finance market. Given that we are a truly global business, driven in a large part by developing market sales, this represents a promising future.”

The Middle East saw 19% of resondents predicting dramatic growth in finance demands with 58% expecting slight growth. This was maginally higher than for eastern Europe.