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Private planes: looking for owners in difficulty

The market trend sees operators looking for aircraft on offer

Some private aircraft operators are looking to purchase new aircraft whose owners are struggling financially. The market is on the rise. An indication of this trend can be found in the financial statements recently presented by American aircraft manufacturers such as Gulfstream (General Dynamics) and Cessna (Textron), which show an increase in the rate of overdue payments.While defaults remain rare,...

Gic - 1249100

AVIONEWS - World Aeronautical Press Agency
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