yes, you guys are right the economy is a very relevant variable
my gut feeling on it is that scheduled and charter airlines would be hit the hardest by a downturn
netjets, as i understand it, runs either 2 or 5 year contracts with its clients paid upfront...may be off on this though
let me throw in one more piece of discussion...i just spoke to an airline captain who said I will feel like flying bigger airliners one day if i first went the biz jet route....he had a strong pick for CTC