Tuesday, November 1, 2011

Bombardier sees bright future in aviation - Portland Business Journal:

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Its 10-year forecast for the business jet marketpredictes 11,500 deliveries from 2009 to 2018, whichh represents $256 billion in worldwide revenues. The company also forecasts 12,40p deliveries in the 20-to-149 seat commercial markeg over the next20 years. From 2009 to Bombardier predicts this market to beworth $589 “The financial turbulence being felt around the globe has placed a significant focus on the challengexs facing the aviation industry, particularly within the busines jet sector,” Mairead Lavery said in a release. Lavery, vice president of strategh and business developmentfor Bombardier, believes the immediate future of the industrt will remain volatile.
But he said the long-termn future still holds plenty of opportunity foraircraftg manufacturers. “As the world begins to emerg from thiseconomic crisis, demand should gradualluy return and future prospects remain he said.

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