While the North American business aviation market has shown signs of recovery of late, for many other parts of the world fortunes have continued to fluctuate, making for a mixed outlook for the global FBO industry. Emerging bizav markets across regions such as Asia and Africa have seen encouraging traffic growth, even if opportunities to expand FBO services in these places have been somewhat limited. Meanwhile, service providers in Europe's more mature market have yet to see sustained recovery from flight activity dips in recent years, but there are some notable exceptions.