The US is a heck of a lot more frugal than the rest of the world when it comes to business aviation. The US has become a secondary market in the last decade when it comes to selling airplanes, the Europeans, Russians, Middle Easterners and Asians have taken over.
Absolutely 100% correct.
With a few exceptions, American companies that own corporate airplanes actually
need them, from a cost/benefit point of view.
As I was, at one time, a corporate aviation department manager some years ago, we did a detailed analysis, and found that the corporate aeronautical barge actually made a profit.
Surprise, surprise.
