New foreign markets may ease slowing demand for business jets

05/5/2008 |

New demand from markets outside the U.S. may help offset softening of the business jet market, analysts say. Analyst Joseph Nadol of JP Morgan said used business jets for sale in April reached 7.2% of the active fleet, up from 6.8% in March and 6.2% in January, and he attributed the increase to larger inventories of medium and light aircraft.

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