Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Latin America, which has historically been the third-largest market for business aircraft, is poised to play an important part in business aviation’s recovery, according to aviation consultant Brian Foley. There are nearly 31,000 private business jets and turboprops worldwide, with 62 percent based in the U.S. and Canada, followed by 13 percent in Europe and a “surprising” 12 percent in Latin America. “What the world is watching now is market activity,” Foley said, “and this is another area where Latin America will likely shine. Europe’s debt crisis and the lagging U.S. economy have made those aviation markets sluggish. Latin America, being relatively insulated from these difficulties, should later prove to have been a bright spot in the overall recovery.” Foley’s confidence in Latin America is based partly on regional stock-market performance, which is one indicator of general aviation health.

Latin America Could Be Key in Bizav Recovery

Latin America, which has historically been the third-largest market for business aircraft, is poised to play an important part in business aviation’s recov

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