During a high-level regional forum hosted by the European Business Aviation Association (EBAA) late last week, the General Directorate of State Airports Authority of the Republic of Turkey (DHMI) proclaimed that “business aviation plays a crucial role in facilitating regional investment and subsequently has a direct economic impact on Turkey’s economy.” The DHMI also co-signed a declaration with EBAA that commits to working together on long-term actions that would help ensure the steady growth of business aviation in the country, including improved business aircraft access to infrastructure
Gross domestic product
The only certainty is continued uncertainty when it comes to the outlook for the global economy in 2012. For business aviation at least, it used to be assumed that you had to look only at the state of the world’s major stock markets to assess the market’s prospects. But share price fluctuations tell only a small part of the story these days.