As CNBC's Squawkbox reports, turbulent economic times and misperceptions about business aviation have sent the industry into "uncharted territory." NetJets founder and CEO Richard Santulli clarifies the misperceptions, reminding viewers: "These airplanes are very, very effective business tools."

Tags: business, bolen, gama, travel, airport, flight, taxi, plane, fractional, vlj, npng, bunce, santulli, netjets, faa, perk, bizjet, corporate, charter, light

Like this post? Subscribe to our RSS feed and get loads more!