Travel / Aircraft: For Sale: a Jet, Under $1 Million

If Vern Raburn has his way, you'll need a slightly larger garage. Raburn's new vehicle is 33 ft. long and 11 ft. high--not much larger than that SUV you've got wedged in there now, right? But the newcomer has a definite advantage: its top speed is 408 m.p.h.

Say hello to Baby Jet. Raburn, a longtime amateur aviator who got bored with his life as a computer-products developer, wants to produce the world's first affordable--at least to some--personal jet. Raburn intends to price his twin-engine, five-seat Eclipse 500 at a mere $837,500. The popular Cessna CJ1, by comparison, costs more than...

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