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Bizjet market taking off again after downturn

Turnaround with big companies upgrading to larger and longer- range aircraft in US

[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 International said in its annual industry forecast yesterday. Jet deliveries in North America, anchored by the US, will also increase as a share of the world's total, the study found.

The US comeback marks a...

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