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Archive Home > 2008 > December > 26 > Corporate jet market goes into free fall

Corporate jet market goes into free fall

By Geraldine Fabrikant / The Bulletin
December 26, 2008

Maybe General Motors should throw in a fleet of Cadillacs.

The automaker is dumping its corporate jets into what some participants say is the worst market they have ever seen.

Just seven months ago, hundreds of mega-millionaires, including Ralph Lauren and David Geffen, were elbowing one another....

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