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Business aviation faces slowdown: survey
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Nisha Ramchandani
Published Tue, Nov 1, 2016 · 09:50 PM
Singapore
DEMAND for business jets is slowing in the near term thanks to weak global economic growth, a survey showed.
According to Honeywell's annual Global Business Aviation Outlook for 2016, up to 8,600 new business jets worth US$255 billion are slated for delivery over the next decade, down 6 to 7 per cent from the 2015 forecast.
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