Buffett Pounces in Private-Jet Slump With $9.6 Billion – Bloomberg 06-12-12

Berkshire Hathaway’s third plane purchase in less than two years.

JPMorgan Chase said larger business jets is the industry’s strongest segment in recent years, buoyed by high net-worth individuals in emerging markets, despite concern that demand may wane for private jets in slowing global economy.

Read the full article at http://www.bloomberg.com/news/2012-06-11/buffett-adds-cessna-bombardier-planes-in-9-6-billion-deal-1-.html

Leave a Reply

Your email address will not be published. Required fields are marked *