General aviation seeing sales boost
from The Associated Press via KSN-TV
Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts. The chief executive of General Dynamics Corp., maker of Gulfstream jets, says corporate customers are back and wealth creation is bringing out shoppers for private jets. The president of jet engine maker Pratt & Whitney says deliveries for private planes are growing after hitting bottom in 2011. The improving market has not been universal. Signs of strength have been in large-cabin planes, while sales of small and mid-sized planes stall.
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