Global politics may create a variety of challenges for the business jet market abroad, industry officials are reporting. Between slow economic growth in Brazil, government crackdowns in China, and economic sanctions on Russia, demand may be low for purchasing private jets. While the market abroad had seen some growth in the wake of the economic recovery, these new developments will change the face of the jet market for now. In the U.S., however, the market is seeing more growth, perhaps due to low fuel costs paired with low interest rates.
Click here to read the full article by Jon Ostrower and Robert Wall for the Wall Street Journal.
