SpainFly
At least this wasn't any kind of dotcom or real estate bubble. Bizjet growth was paid by customers and customers were never promised they will become rich because of that.
There were several factors which made bizjet market to grow:
- more and more rich people, try to google how many new millioneers and billioneers were appearing each year;
- stupid security things at airports
- overcrowded terminals
- dramatic fall in service level on intra-european flights
- smoking ban
Currently we have a problem only with the first factor, while other are still there. So if wouldn't take too long to get back to normal level... 1-2 years.