5 Predictions for 2021 w/Brian Foley

Highly acclaimed industry analyst and Forbes contributor, Brian Foley, shares his thoughts for 2021.

With the New Year comes a ton of excitement. While many of us are still feeling cautious, many are also curious as to what the future holds.

How big a dent did 2020 leave in our industry, and what can we do to rebuild and move forward? Did anyone benefit in spite of the difficulties?  

 

"The strength of the preowned market in 2020 is a sign that things are going to improve in our industry more than anyone is expecting them to." -Brian Foley

Three Things You’ll Learn In This Episode 

 

• The great news for business travel: 
  
  While business travel took a backseat last year, business aviation utilization only went down by 15%. By the time business travel returns completely, we’re likely to overflow!
  
  
• Where the opportunities lie for business aviation: 
  
  As smaller cities deal with cut back schedules and higher prices, business aviation will have a competitive advantage which makes now a good time to invest.
   

• Why we shouldn’t get too excited for eVTOL just yet: 
  
  Silicon Valley investors may be throwing capital into urban mobility, but it’s important to put the numbers into perspective. What may seem massive in aviation is pocket change in tech, and it’s not guaranteed that eVTOL will take off in reality anytime soon.

 

 

Guest Bio- 

Brian Foley is an aviation industry strategist, Forbes contributor, and the Founder of Brian Foley Associates (BRiFO). Brian began his career as a flight test engineer and marketing manager, and prior to founding BRiFO he spent two decades as the marketing director at Dassault Falcon Jet. 

 

To find out more, visit:
https://www.brifo.com/

https://www.forbes.com/sites/brianfoley1/

https://www.linkedin.com/in/brifo

Learn More About Your Host:

 

Co-founder and Managing Partner for Northstar Group, Craig is focused on recruiting senior level leadership, sales and operations executives for some of the most prominent companies in the aviation and aerospace industry. Clients include well-known aircraft OEM’s, aircraft operators, leasing / financial organizations, and Maintenance / Repair / Overhaul (MRO) providers. 

 

Since 2009 Craig has personally concluded more than 150 executive searches in a variety of disciplines. As the only executive recruiter who has flown airplanes, sold airplanes AND run a business, Craig is uniquely positioned to build deep, lasting relationships with both executives and the boards and stakeholders they serve. This allows him to use a detailed, disciplined process that does more than pair the ideal candidate with the perfect opportunity, and hit the business goals of the companies he serves.