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Buffett explains: "The last time I looked there were 9,500 general aviation jets in the world, and all but 2,200 were in the U.S. The U.S. will continue to be the biggest market, but Europe and Asia will start to catch up.
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Goodrich Avionics Systems, with annual revenues of $100 million, makes a variety of instruments for general aviation, business jets and military aircraft.
Airport chiefs have said Lydd was now growing again with a mix of private and training general aviation, corporate jets, air taxis, cargo and maintenance, and scheduled services to Le Touquet.
The Federal Aviation Administration announced plans yesterday to let general aviation aircraft, like business jets and helicopters, escape from 204 airports, heliports and other sites near New York and Washington where they have largely been grounded since Sept. 11.
With Manhattan just seven miles away, Teterboro is among the preferred general aviation airports for business jets in the New York metropolitan region, as its 185,375 takeoffs and landings in 1999 attest.
Until now one of the great pleasures of traveling on corporate jets has been the casual, hassle-free stroll typically about 75 yards at Reagan National Airport from the parking lot, through the general aviation terminal, to the jet's stairway without a single bothersome security checkpoint in sight.
General aviation covers crop dusters, corporate jets, single-engine training aircraft and cargo aircraft, among other things.
Pulling up, the airplane surfed over the runway at Phoenix-Mesa Gateway Airport, now used mostly for business jets and other general aviation.
Værnes handles the largest amount of general aviation in Central Norway, including executive jets.
"It has since become a general aviation airport, and the number of jet flights has increased beyond the projections of the Department of Transportation".
Gingerly, some business travelers are venturing back into private aircraft after the battered economy — and a public outcry against that perk of fat cats, the corporate jet — walloped the general aviation industry starting in 2008.
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