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The global #VeryLightJet market was valued at USD 4.55 billion in 2022 and expected to grow at a CAGR of 10.6% during the forecast period. A Very Light Jet (VLJ) is a category of small business jets that are designed to be more affordable, fuel-efficient, and easier to operate than traditional business jets. VLJs typically have a maximum takeoff weight of less than 10,000 pounds and can accommodate between 2 to 7 passengers

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