Right now, they aren’t happy about the economy, says Alasdair Whyte of Corporate Jet Investor. The small jet market is sick because small companies don’t have confidence in the economy and are holding back on purchases. They are not seeing a recovery. Larger companies are driving the economic recovery and don’t feel the same way, so they are moving back into the jet market. It’s tough on those who want to sell a used Cessna Mustang or similar light jet. It was so tough on Cessna that top execs closed the door on bargain hunters who were asking for unprofitable sales prices. Small jets aren’t heading for the sunset, just waiting for small businesses to find confidence in the economy. Whyte suggests we all buy something from a small business.
Posts Tagged ‘jets’
Our friends at AvWeb discovered two videos, one of Brazilian jets breaking the glass facade of the country’s supreme court building, and another of U.S. jets blasting by the U.S.S. Carl Vinson, creating a rumble in San Diego and worrying residents 35 miles away. You’ll see window glass falling in the first two seconds of the Brazil video. Families were on the Carl Vinson to enjoy pre-July 4th festivities, as you’ll see. As one said, “Oh yeah!”