There are a new breed of smaller, cheaper jets, powered by compact, superlight engines that could transform the face of aviation. These are planes from companies with names such as Eclipse, Adam, etc. They typically carry three to four passengers (in addition to two pilots) and cost from $1.5 million to $3 million, roughly half the price of current entry-level jets.
In the upcoming years, we will probably see more airline “taxi” service with flights to regional airports at competitive prices.
