Very Light Jets - Latin America and the Caribbean 2008
10-
11 November 2008- Four Seasons Hotel, Miami, USA
There are more business jets and turbo props in Brazil than in any other single country outside the United States and Canada. As a region, Latin America and the Caribbean operate more turbo props than either Europe or Asia.
With Very Light Jet (VLJ) manufacturers forecasting more than 60% of their sales outside the US, Latin America and the Caribbean offers an enticing market. With a poor road network and few railways, the Latin American region has long been a place where private aircraft have been an essential tool for business. As the Latin American economies gain momentum and the boom in agriculture generates business in areas far removed from the big industrial centres, demand for aircraft is growing at a phenomenal pace. Conservative estimates predict the market for private jets in the region will grow at 10%pa for the next five years. As the existing fleet of twins and turbprops comes up for renewal or replacement the VLJ is going to look increasingly attractive to owner/operators and owner/pilots.
However, will the new VLJs now being delivered prove as sturdy and reliable as turbo props and twins and will the VLJ offer the operators the distances needed for this market? Will the necessary aviation infrastructure be in place and will the OEMs have a sufficiently expansive servicing capability for this established but rugged market?
It will be the role of the second annual Very Light Jets - Latin America and the Caribbean conference, this year in Miami, to answer these questions and to provide a flight path through the various regulations, funding options, FBO, MRO, operating costs and pilot training issues that are likely to have a direct impact on the success of the VLJ in this market.
Very Light Jets - Latin America and the Caribbean (VLJ-LAC), conference chairman, Oscar Garcia is interviewed by Aero News Network in the lead up to the event. The fulll interview is available at www.aero-tv.net.
