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Jetcraft predicts upward trend for business jets over 10 years


Pre-owned aircraft broker Jetcraft on Wednesday forecast an increase in business jet deliveries over the next 10 years, as corporate America spends more money and the rich get wealthier and open their wallets, especially in Asia. 

Jetcraft forecast deliveries of 8,349 aircraft worth about $252 billion based on 2017 prices, with North America having the greatest market share at 62 percent. Europe and Asia follow with 17 percent and 12 percent, respectively.

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