McDonald’s to BlackRock Add Jets as Luxury Models Rebound
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U.S. corporations including McDonald’s Corp. and BlackRock Inc. are starting to return to the market for large business jets after putting off aircraft upgrades since the recession five years ago.
Shipments of planes with about 10 or more seats, the so-called super-midsize segment and larger, will rise more than 10 percent this year and by less than 10 percent in 2014, even with global jet deliveries poised to fall in 2013, Honeywell International Inc. said in its annual industry forecast today.