By ITP
European Business Aviation Convention and Exhibition held in Geneva
Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis

A commercial plane takes off behind business displayed at the static exhibition on May 14, 2012 at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

Visitors are seen next to business jets displayed at the static exhibition on May 14, 2012 during the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

Visitors look inside a mock up of the new business jet Citation Longitude unveiled on May 14, 2012 at the European Business Aviation Convention and Exhibition (EBACE) in Geneva US plane maker Cessna unveiled a new business jet capable of non-stop flights from New York to Paris, or from London to Dubai. The Citation Longitude, featured at the EBACE is priced at nearly $26 million (20 million euros) and will enter service in 2017, Cessna said nearly $26 million (20 million euros) and will enter service in 2017, Cessna said. (AFP/Getty Images)

A visitor uses his mobile phone next to a business jet at the static exhibition on May 14, 2012 at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

Staff install a sign next to a Boeing business plane at the static exhibition on May 14, 2012 at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

The president of the business jet unit of Canadian manufacturer Bombardier, Steven Ridolfi, poses inside a model of the new Learjet 75 that was unveiled at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

Scale-models of business jets are displayed on May 14, 2012 at the Hawker Beechcraft booth at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

The president of the business jet unit of Canadian manufacturer Bombardier, Steven Ridolfi, poses outside a scale-model of the new Learjet 75 that was unveiled at the European Business Aviation Convention and Exhibition (EBACE) in Geneva. Major business jet makers expect another tough year for the business aviation market as it weathers a slow pick up after the economic crisis. (AFP/Getty Images)

An hostess stands inside a mock up of the new business jet Citation Longitude unveiled on May 14, 2012 at the European Business Aviation Convention and Exhibition (EBACE) in Geneva US plane maker Cessna unveiled a new business jet capable of non-stop flights from New York to Paris, or from London to Dubai. The Citation Longitude, featured at the EBACE is priced at nearly $26 million (20 million euros) and will enter service in 2017, Cessna said nearly $26 million (20 million euros) and will enter service in 2017, Cessna said. (AFP/Getty Images)