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Bizjet market taking off again after downturn

Turnaround with big companies upgrading to larger and longer- range aircraft in US
Tuesday, October 22, 2013 - 06:00

Global deliveries in 2013 will be in a range of 600-625 aircraft after last year's 649, according to Honeywell's survey, which is based on a survey of 1,500 corporate flight departments - PHOTO: BLOOMBERG

[LAS VEGAS] US corporations including McDonald's and BlackRock are starting to return to the business-jet market after putting off aircraft upgrades since the recession five years ago. Buyers are opting for larger, longer-range planes even with global shipments poised to fall in 2013, Honeywell

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