COVID-19 and The Business Aviation Market

The latest Asset Insight podcast with Richard Aboulafia, Vice President, Analysis, Teal Group, gives an update on the business aviation market and the effect the pandemic has had on the past year, and how it compares with other impactful global events.

Tony Kioussis  |  14th July 2021
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    Tony Kioussis
    Tony Kioussis

    As President, Asset Insight, LLC, Tony provides valuations, audits, analytics and consulting services,...

    Richard Aboulafia, Vice President, Analysis, for Teal Group, discusses the impact COVID-19 has had on the Business Aviation market. 

    Topics covered include:

    • The pandemic effect on Business Aviation during the past year, and how it compares with other impactful global events.
    • The present tailwinds and headwinds affecting Business Aviation.
    • How new aircraft deliveries are likely to evolve during 2021, and over the next few years.
    • Business Aviation’s recovery compared to the airlines.
    • Views on the market for a Supersonic Business Jet.
    • Advice for OEMs, aircraft Financing Institutions, and aircraft Service Facility for the near term and the next few years.

    About Richard Aboulafia

    Since 1988, Richard has tracked aircraft programs, markets, and companies as an analyst and consultant. He manages consulting projects in the commercial and military aviation field and analyzes broader defense and aerospace market and industry trends. He has advised numerous aerospace companies, including most prime and many second- and third-tier contractors in the US, Europe and Asia. He also advises numerous financial institutions on aerospace market conditions.

    Richard is Vice President of Analysis at Teal Group. In addition to his consulting role, he writes and edits Teal Group’s World Military and Civil Aircraft Briefing, a forecasting and analysis tool covering over 135 aircraft programs and markets. He also writes publicly about aviation and defense, with regular columns in Aviation Week & Space Technology and at His articles have also appeared in Foreign Policy, Royal Aeronautical Society’s Aerospace magazine, the Wall Street Journal, Slate, AIAA’s Aerospace America, the Financial Times, Professional Pilot, and other publications.

    Frequently cited as an aviation industry authority by trade and news publications, Richard has appeared on numerous television news and radio programs including ABC, BBC, Bloomberg, Reuters, CBS, CNN, NBC, NPR and PBS. He has spoken at numerous conferences, including Speednews, ATRIF, NAFA, IADA, AeroMontreal, the Ontario Aerospace Council, and PNAA. He is a Fellow of the Royal Aeronautical Society. Since 2012 he has served on the National Aeronautic Association Collier Trophy Selection Committee. He presents a yearly lecture to the National Defense University/Industrial College of the Armed Forces and has served as an expert witness in aerospace markets.

    Before he joined Teal Group in 1990, Richard analyzed the jet engine market at Jane’s Information Group, served as an aerospace industry consultant for an international trade advisory company and supported research projects at the Brookings Institution. He has a Masters degree in War Studies from King’s College, University of London and a Bachelors degree from George Washington University. He lives in Washington, DC.

    Teal Group Corporation

    Teal Group is the leading source of aerospace and defense market intelligence. Our team of experienced analysts covers a diverse range of markets, including aircraft, engines, military electronics, missiles and smart munitions, unmanned aerial vehicles, space systems and much more. Teal Group provides valuable insights and forecasts to aerospace industry executives, strategic planners, market researchers, government officials, and others who need to understand the developing trends and expectations.

    View the transcript for this podcast here.

    Read More About: COVID-19

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    Tony Kioussis

    Tony Kioussis

    Editor, Aircraft Value & Maintenance Analysis

    As President, Asset Insight, Tony provides valuations, audits, analytics and consulting services, and a uniform methodology for grading an aircraft’s maintenance condition.

    Asset Insight is owned by JETNET LLC, and has devised a uniform methodology for grading an aircraft’s maintenance condition allowing it to provide timely current and residual aircraft values, projected maintenance costs, and future marketability information.

    Previously Tony worked with GE Capital’s Corporate Aircraft Finance group; Jet Aviation; and JSSI, developing the ‘Tip-to-Tail’ airframe maintenance program.



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