Trophy Corporate Jets Were All the Rage, Until They Weren't

  • Oil slump, emerging-market downturn lead to rare bargains
  • GE, ADM, Wynn selling aircraft to cut corporate expenses

A Bombardier Global 5000 private jet.

Photographer: The AGE/Fairfax Media via Getty Images

The private jet Janine Iannarelli is selling for a Russian client has leather seats, wood paneling, a satellite phone and can fly nonstop from Tokyo to Los Angeles. The price has dropped $3 million since September and is still falling.

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