Sales of Big Business Jets Decline

by Matt on February 24, 2009

David Koenig, of the Associated Press, wrote about the General Aviation Manufacturers Association’s report that shipments of all business aircraft fell 7.1% last year. Smaller jets are affected first, but the group said larger aircraft usually follow 18 months after the start of a recession because of a longer lead time.

According to the article:

“(Sales) have slowed but not stopped,” a Boeing spokeswoman said Wednesday. “There are still active campaigns under way for all sizes of our jets.” That includes VIP versions of the 787 Dreamliner and the 747-8 that is under development. Boeing has sold eight VIP 747-8s and at least nine VIP 787s.”

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