Four Reasons Business Jets Are Back in Style
Filed under: Luxury Travel & Hotels, Wings
Private jet travel is back! When we were in the depths of the financial crisis, the best way to fly was a sure way to attract criticism, especially when the Detroit auto executives showed up before Congress a year ago and had to explain why ailing companies were forced to shell out for the perk. Well, the private jets are coming back into style, but it's more for pleasure than business.
Business jet manufacturers delivered only 615 in the first three quarters of 2009, a steep decline of 37.8 percent year-over-year, according to the General Aviation Manufacturers Association. According to Jack Petlon, CEO of Cessna, though, there are signs of life. "With the financial collapse that occurred there was a lot of anger, a lot of hurt, a lot of people reaching out and striking at what became an image and the image was a corporate business jet," he told Forbes. He continued, "We as an industry are now spending our time righting that wrong perception."
Here are four facts you may not have know about business (and private) aviation:
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