Why Folks Still See Value in Private Jets

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.