This is one of those things that seems small on CNN, but will alter the economics of business. Eclipse Aviation’s E500, a couple years late if my memory is correct, has passed the next level of FAA certification. It is the leader in a new category of very-ligh-jets.
Old jets 1m used. New very light jets – 500k new – ish.
They may not get to that price initially, but any time you see an advance in technology that reduces costs by 50% you have to pay attention. Expect Boing to buy out Eclipse in a few months. Just kidding….
See also The World is Flat and for the historians there was the original MegaTrends.