Demand for private jets increases as economy gains

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Source: Bloomberg
Small aircraft sales expanded by 13% compared to the 2013 year, posting the first gain in a seven-year period. Surging demand for private jets reaffirms strong growth of the US economy, which rose 2.4% in 2014 and is estimated to grow 3.2% this year. Meanwhile, sales of large-cabin aircraft, which is mostly used by large companies, dropped by seven airplanes to 242 units, showing the first decrease since 2011. 
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Thu, 12 Feb 2015 11:23:03 GMT

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