Private jet recovery from recession an uneven ride

Private jet manufacturing is taking off, though demand is rising for only some of the superluxury items.
Manufacturers and sellers of some private jets and used planes are recovering from the Great Recession, when corporations pulled the plug on plane purchases. But recent signs of strength have been in large-cabin planes while sales of small and mid-sized planes stall.
Credit markets also have yet to fully recover, making some private planes harder to finance.
The General Aviation Manufacturers Association says business jet shipments dropped 48 percent from 2008 to 2012.
But shipments rose in 2013 over 2012, the first time in five years that shipments increased from one year to the next.
Greater international trade is one reason business executives are flying more.

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