Info-Packed Second Annual Latin America/Caribbean VLJ Conference Concludes In Miami Even though the 2008 National Business Aviation Association's annual conference came to an end barely a month ago, that doesn't mean that all BizAv-related events were done for the year. ANN was pleased to aid the VLJ - Latin America and the Caribbean conference in seeking dialogues, answers and discussion on matters concerning VLJ operations in an impressive market segment. Operators and interested customers just completed a gathering (a few hours ago) in Miami intended to allow attendees to brainstorm ways to spur on the very-light jet industry, and the growth of business aviation in general, throughout Latin America. The second annual Very Light Jets - Latin America and the Caribbean conference ran through November 10-11, with the aim to answer fundamental questions about the industry, and to address expectations of segment growth in the region. MIU Events -- organizers of this conference, as well as others promoting aviation events and training seminars -- notes there are more business jets and turboprops in Brazil than in any other single country outside the United States and Canada. As a region, Latin America and the Caribbean also operate more turboprops 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," organizers note. "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 centers, 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 turboprops comes up for renewal or replacement the VLJ is ...
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