Business-jet sales struggle for lift amid Brexit and US woes

London

SELLING aircraft to the world's elite is set to remain a struggle as concerns about the fallout from Brexit and political uncertainty in the US weigh on buyers of corporate jets, according to Embraer SA.

Western European markets are sluggish, and demand could dip in the US, said Michael Amalfitano, who took charge of the Brazilian company's corporate-aircraft division on March 1, adding that there's little sign of a surge in purchases from emerging nations such as China and those of Latin America. "Some of these economies and infrastructure are very challenged, plus we have Brexit in Europe and a new administration in the US," Mr Amalfitano said in an interview on Monday from the 2017 European Business Aviation Convention and Exhibition in Geneva.