Not only have business jets seen sales rise over the course of this year, but now Boeing is also reporting that its giant commercial jets used for private travel have also seen a significant boost. In fact, the private jumbo jets have doubled in orders this year, the first time they’ve done so since the recession of 2008. These jumbo jets are designed to seat upwards of 200 passengers, but some elite travelers choose to purchase the jets and utilize them from private travel. The private jet industry has seen substantial growth following the recovery of the international economy from the recession.
Click here to read the full article by Robert Frank for CNBC.