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Private-Jet Deliveries Surge Just as Global Economy Cools Off

  • Gulfstream, Bombardier, Textron get boost with new aircraft
  • Honeywell sees slight slowdown in 2021 in threat to momentum
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Gulfstream Goes for Bragging Rights With G700 Luxury Jet

It’s all about that new plane smell.

Private jets that can fly faster and go longer distances are causing a surge in new corporate-jet deliveries from General Dynamic Corp.’s Gulfstream unit, Bombardier Inc. and Textron Inc.’s Cessna. Innovations that have spurred sales include better fuel-efficiency, roomier, quieter cabins and gadget-packed cockpits that can predict the weather and smooth out bumpy rides.