Private Jet Boom

Karlgaard, Rich
September 2006
Forbes Asia;9/18/2006, Vol. 2 Issue 15, p22
The article reports on the growth in the small jet and air taxi business. Jet charter bookings in Great Britain increased by 40% for the week following the foiled airliner bomb plot in London, England. Sales worldwide of private planes rose 35% in the first half of 2006 to a record $9 billion. In July 2006, Eclipse Aviation of Albuquerque, New Mexico won U.S. Federal Aviation Administration certification of its minijet. Cessna of Wichita, Kansas is on the verge of certifying its small jet, the Mustang.


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