The problem with predictions

Aviation International News blogger Jeff Burger writes an entertaining post about all the current predictions surrounding GA, noting: "Rarely a week goes by when I don’t receive a report outlining how quickly the corporate aviation field will rebound, how many business jets will be sold over the next few years or what percent of the market very light jets will ultimately represent. Nearly all these forecasts arrive cloaked in plausible-sounding arguments, but that’s the trouble with predictions: they often make perfect sense – until they don’t." He bolsters his argument citing past predictions that were "utterly wrong" about what a flop the iPhone would be. Check it out here.       Continue Reading »

===> Posted on September 8th, 2011 by Janice Wood. No comments. © GAN 2011.