LABACE Convention News

Comexport Benefits from Shift to Business Aviation

 - August 11, 2022, 12:54 AM

During the last two years of the Covid-19 pandemic, São Paulo, Brazil-based trading company Comexport saw growing interest in importation of aircraft, thanks to buyers who didn’t want to risk travel on airlines. Comexport, which is exhibiting this week at LABACE 2022, expects to deliver 60 imported aircraft by year-end, which would give the company an annual turnover of R$3 billion ($590 million).

“It seems that the consumption profile of business aircraft has changed a little from what it was before,” said Comexport director Juliano Lefèvre. “I believe that people realized that they can die easier in the face of a virus and sought the safety of executive aviation, which grew by 15 percent, while commercial aviation decreased by 15 percent. This is the most up-to-date number in the face of a pandemic that is not yet over.”

He added that the market is very hot and the demand for imports is strong, both for helicopters and airplanes in all categories. This includes customers ordering aircraft that will not be delivered until 2024, some of which are delayed due to supply chain issues.

Lefèvre noticed that there was a lot of movement on the first day of LABACE, a result of the desire of people in aviation to meet again after three years without the event.