Underpowered and not much weight hauling ability.
Now if you want to get from point A to point B in a hurry, a Lear 25 is the pocket rocket. A Falcon 20 is pretty good. One of the newer vintage Hawkers is a pretty fine ride too.
The biz jet industry is just falling prey to what has always given it it's ups and downs. When a corporation's stock price is only half of what it was three years ago, the planes gotta go. They thought fractional ownership would rescue them from that trap, but it won't.
When a corporation's stock price is only half of what it was three years ago, the planes gotta go
Yup. I think that's the main point. And the point of the guy who posted the article. Which is: Umm, the economy still continues...down.