Report: Business jet usage continues slide

04/23/2009 | Wichita Eagle (Kan.), The

The business jet industry, reeling under the rough economy, doesn't appear to have bottomed out yet, as flight activity, a key indicator of market conditions, continues to decline, according to a new report. Business jet usage for domestic and international flights was down 30% in March and in the first quarter of 2009, while the market continues to struggle with an oversupply of aircraft and tight financing.

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Wichita Eagle (Kan.), The

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