business jets
| 10:00AM 9/15/2009
The general aviation industry, which is made up of private and corporate jet manufacturers, is in an awful fix. The latest? Plane-leasing outfit NetJets just announced it is laying off 5 percent of its staff, or 350 employees, due to "severe economic conditions facing the aviation industry,"...
| 1:45PM 4/27/2009
For the past six months, the private jet industry has been hit from all sides. Not only has the recession caused both businesses and high net-worth individuals to travel less, but the government has gotten involved.
Ever since the automakers who flew to Washington D.C. were grilled about how they...