The NY Times Review of the Paris Air Show

by Deidre Woollard (RSS feed)
Jun 18th 2005 at 6:47AM

The NY Times takes a gander at the Paris Air Show and finds, what else, luxury planes. The article likens Bombardier's Global 5000 to a Porsche parked among Volkswagens, waxing rhapsodic over the wireless entertainment system and the polished wood. $35 million buys you a machine that is both posh and speedy and customers are taking note. While private planes took a nosedive along with the stock market in 2000, the private jet market is rising again. Of course now the market is not only about luxury, it is about practicality with many smaller, lighter planes angling for market share. As the small jet market evolves it is heading in two directions, supersonic and ultra-luxe versus the flying taxi, the entry-level light puddlejumper as shown in two planes, the superfast Aerion and the practical Eclipse. One offers relatively inexpensive convenience while the other offers speedy luxury. The article fails to mention the impact of the fractional share market on the way that the small jet market will skew in the future.

Filed under: Wings

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