At $9.7M a pop, private jets are luring buyers again

SALES OF NEW PRIVATE JETS increasing as inventory in the used private-jet market is tightening. Above, the Cessna Citation Latitude business jet. /BLOOMBERG FILE PHOTO/ORE HUIYING
SALES OF NEW PRIVATE JETS increasing as inventory in the used private-jet market is tightening. Above, Textron's Cessna Citation Latitude business jet. /BLOOMBERG FILE PHOTO/ORE HUIYING
NEW YORK - If anyone’s looking for further evidence of a strong economy, here’s a sign: Wealthy individuals and companies are starting to snap up used private jets before they get too expensive. Take Steven Myers. A private-equity financier and a licensed pilot, Myers had been patiently looking to buy a jet for years. But…

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