(MENAFN- PR Newswire) Latin America holds the second highest growth rate for the business jet industry . The growth in this region is attributed due to increased adoption of private Aviation solutions. Increasing corporate activities in countries like Brazil, Argentina, Colombia and Mexico is driving the Latin American market. Improvements in aviation infrastructure including airport expansions and development of new MRO facilities are also boosting the market growth.
Major players operating in the business jet companies
include Airbus (Netherlands), Textron, Inc. (US), Bombardier (Canada), Embraer (Brazil), General Dynamics (US), and The Boeing Company (US), among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, and Latin America.
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