Private Jets Ready for Takeoff

Business Jet Traveler » April 2010
Monday, April 5, 2010 - 12:01pm

You know the economy is improving when private jets return to the skies. And that's exactly what is happening now. Encouraged by rising profits and the diminished likelihood of a double-dip recession, some corporations and high-net-worth highfliers who had idled their jets through the downturn are venturing back into business aviation. The broadening economic recovery is giving many publicly traded companies all the reason they need to pull their jets out of their hangars and start flying again. The great deals that can be had on used jets, meanwhile, are starting to entice buyers who had been waiting for the long-anticipated market bottom.

Read the entire report here...

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“You want to make sure with a race in which you'll be flying home with other drivers that you don't crash into them. It's happened before, and it can make for a little bit of a tense situation.”