NY Times writes about NBAA 2010, ultra long-range jet market

The New York Times has weighed in on this year’s NBAA session. A story posted to its web site yesterday discusses ultra long-range jets and commercial-sized private jets, mentioning the Global 7000 and Global 8000 and Embraer’s Lineage 1000, as well as the Gulfstream G650.  

The article notes that, while the private aviation industry struggled during the past two years of economic downturn, the interest in the largest and most-expensive aircraft actually increased, and then it provides sales data to support this.

At the very highest niche, where customers can easily pay well over $40 million for a jet and more than $8 million to outfit the cabin, the business appears to be surviving the economic downturn.”

Read the full article here.