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Business jet market could rebound this year


Although some corporations are still wary of using business jets due to public sentiment, the business jet market could rebound in 2010. Fred Reid, president of fractional ownership company Flexjet, said the market last year saw "a very distinct, small, consistent upturn in demand." In 2009, billing for all general aviation aircraft dropped 21.4% to $19.5 billion. The New York Times

Last Updated on Tuesday, 16 March 2010 01:09  
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