Yahoo News: Private Jet Sales Ready To Take Off

A report by RBC Capital Markets suggests private jet sales are about to surge following similar gains by luxury autos.

Posted in: News by Doug Gollan, April 5, 2017

Sales of Lamborghini, Ferrari, Maybach, Rolls Royce, and Bentley cars have risen 31% on a year over year basis since November 2016, and March alone saw a 53% increase in sales, according to a report by Yahoo Finance. Previously, private jet sales have increased following these type of gains. 

 “The sales of these vehicles have led sales of business jets by one year with a correlation of 87% since 1995,” Matthew McConnell, an analyst from RBC Capital Markets wrote in a report. Read more…

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