Economics
Even Pasta and Cheese Makers Now Want Their Own Small Jet
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The turnaround in the private-jet market is finally reaching the small- and medium-sized models that fell out of favor after the 2008-2009 global financial crisis.
Buyers in 2014 included a mozzarella maker, a seller of building materials and a pasta producer. With the U.S. economic rebound picking up steam, midsize companies are again feeling flush enough to invest in corporate planes, said Brian Foley, a Sparta, New Jersey-based aviation consultant.