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To view this page ensure that Adobe Flash Player version 9.0.124 or greater is installed. If investors succeed in creating an air taxi service, one or more light jet designs could succeed, helping the business jet market to resume its once-impressive growth rate. But it is also possible that, despite all the publicity and attention, the very light jet market will support just a few hundred inexpensive aircraft per year. The Cessna Mustang will go ahead because it was proposed by one of the es-tablished manufacturers, and because the price—$2.5 million—makes no assump-tions about mass production. Probably another player will succeed as well, mak-ing the most of a limited but new market. In short, microjets will not provide the next revolutionary stimulant that trans-forms the industry. In all, the business jet market may be stable, and possibly growing again. How-ever, some key conditions that produced the terrific growth seen in 1995-2001 are missing today. Richard Aboulafia
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