The 2016 edition of the European Business Aviation Convention & Exhibition (EBACE 2016) is now underway.
The premier European business aviation show has seen a slew of announcements from the business aviation sector. EBACE this year has over 500 Exhibitors showcasing their latest products & services.
The static display is packed as well with 60 aircraft on display and daily flying displays taking place.
An estimated 13,000 business aviation professionals are expected to attend the show over the next few days.
Business jet maker Bombardier released its ten-year market forecast at EBACE and expects continued demand for large cabin business jets and also a recovery in market growth for light business jets.
As per the Bombardier forecast, North America will remain the largest market for new business jet deliveries between 2016 and 2025 with 3,930 aircraft.
Europe is expected to receive 1,530 airplanes in the same period making it the second largest market.