The business jet market, which soared in recent years as U.S. companies posted record profits and new foreign buyers raised demand, is now facing a hard landing.
That’s the news from Karen Jacobs, writing for Reuters, who details bizav’s woes, including the fact that the members of the General Aviation Manufacturers Association have laid off more than 17,000 workers since the fall of 2008.
Read her full report at: www.guardian.co.uk/business/feedarticle/8589448
