Why Folks Still See Value in Private Jets

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President Obama recently called for the elimination of “tax breaks for private jet owners”, painting anyone who doesn’t cram themselves into 28 inches of economy leg-room as a fat-cat wastrel. Easy to say when your ride is Air Force One. But plenty of folks see the value in fl ying private: 30 percent of private jet owners say they’ll purchase a new jet in the next five years, and more than 10,000 new business jets are expected to be delivered over the next decade, at a cumulative value of $ 250 billion.