Aircraft Industry is ‘Well into a Recovery’

Airtime: ET

“Where we are today, is that we see a much more robust market today then we had back in January,” Tarek Ragheb, EMEA VP of Gulfstream, told CNBC Monday. There is a return of demand, and new banks are “coming to the table,” he said, adding that “we are well into a recovery as far as the business aircraft is concerned.”