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Private Jet CEO Makes Timely Market Prediction

/PRNewswire-iReach/ -- In July of 2013, Airstream Jets' CEO Peter Maestrales published a lengthy market forecast on his company's blog titled "Huge Turnaround Brewing in Pre-Owned Business Jet Market". The detailed report outlined the various factors that helped to create a bubble in the business jet sales market, why the market continued to suffer through the recovery, and why conditions were ripe for a sharp reversal. At the time Mr. Maestrales' analysis could easily be classified as contrarian. After all, the general consensus among leading publications, industry experts, and top aircraft consultants from respected companies such as Forbes, JetNet, Corporate Jet Investor, and Aviation Week was that further declines in sale prices were likely or for the market to remain flat at best.

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