Oct 17, 2018

Money flies across tarmac as business jet show kicks off

Money flies across tarmac as business jet show kicks offOn the eve of the world's largest business jet show, deals began in earnest as planemakers polished plans for supersonic jets and unveiled new luxury aircraft featuring high-speed WiFi and hot showers at 40,000 feet. After years of sluggish sales, potential buyers at the National Business Aviation Association annual corporate jet show are looking closely at new aircraft models with longer ranges and technology for smoother rides, while weighing the advantage of recent U.S. tax deductions. Among big announcements so far, Embraer SA launched two new mid-sized jets and Textron Inc agreed a deal to sell up to 325 Cessna planes to Berkshire Hathaway Inc's luxury plane unit NetJets.




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