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It was recently announced that Learjet, a name synonymous with business jets, the image of success and the symbol of sleek personal transportation, would be no more.

Courtesy Wichita has turned out tens of thousands of planes over the years, but nothing the Air Capital of the World produced could match the aura of the Learjet. "There's no denying that there's simply never been any business jet before, or since, that has had quite the cool status of a Learjet," said aviation historian Richard Harris. The Learjet helped create the market for corporate jets, making it affordable for business executives to use a private plane. Credit Courtesy Beginning in the mid-1960s, the Learjet became the coveted status symbol of the rich and famous. It became synonymou...

Learjet, the private plane synonymous with the jet-set, nears end of runway Reuters 2/15/2021 MONTREAL, Feb 15 (Reuters) - Learjet, the sleek private jet used by celebrities for decades, is ending production this year, following a slump in demand due to competition from newer and less-expensive rivals. Long before COVID-19 hit demand in 2020, the arrival of less-expensive similar-sized models from Embraer SA and Textron Inc's Cessna eroded Learjet demand. Created by American entrepreneur Bill Lear, the Learjet 23 first took off from Wichita, Kansas in 1963, forging a new market for modern b...

This week's letters brought comments from readers about the coming end of Learjet production, the Bell X-1 and plans to attend Sun 'n Fun.

Stories you may have missed from the world of business.