It is just incredible how much the general aviation industry got hammered during the global recession. And unfortunately the general aviation industry hadn't even recovered fully from 2001 after 9/11, when all the restrictions by the Department of Homeland Security were placed onto all the airports. To make matters worse, after the financial meltdown in late 2008, Congress gave the executives of General Motors and Chrysler a hard time for flying to Washington DC in their corporate jets to discuss with them a bailout package for the auto industry.
Even the President of the United States made a big deal about it. This hurt corporate jet sales, which had already been slaughtered due to the credit crisis. This caused huge layoffs in Wichita Kansas, and in South Carolina where Gulfstream Jets build aircraft. Luckily, the recession has ended, and soon credit will start to loosen up a little.
Already there are exceptional tax breaks for those people who wish to buy an aircraft and use an accelerated depreciation schedule. Apparently, the government realizes its mistake, and is trying to help the sinking general aviation sector recover from the stall.
Now then, many folks in aviation have been laid off, and if you have a lot of aviation experience and you wish to run your company, you might consider starting an aircraft cleaning service in 2010. Washing airplanes is extremely hard work, but it is a good high paying job, and when the economy is cooking along, and the general aviation sector is doing well, there is money to be made.
Personally, I don't believe now is a good time to start aircraft cleaning service, but if you were thinking about doing something like this, you should get ready and make your move by the end of the first quarter in 2010. I hope you will please consider this.
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