Wednesday, May 25, 2011

Bombardier sees bright future in aviation - Phoenix Business Journal:

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Its 10-year forecast for the business jet marketpredictsz 11,500 deliveries from 2009 to which represents $256 billion in worldwide revenues. The company also forecastsd 12,400 deliveries in the 20-to-149 seat commercial market over the next 20 From 2009to 2028, Bombardier predicts this market to be worty $589 billion. “The financial turbulence being felt around the globe has placed a significant focus on the challenges facing theaviation industry, particularly within the businesd jet sector,” Mairead Lavery said in a Lavery, vice president of strategy and businesas development for Bombardier, believes the immediate future of the industry will remain volatile.
But he said the long-tern future still holds plenty of opportunity foraircrafft manufacturers. “As the world beginsz to emerge from thiseconomic crisis, demane should gradually return and future prospectz remain solid,” he said.

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