Monday, January 2, 2012

Bombardier sees bright future in aviation - Wichita Business Journal:

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Its 10-year forecast for the business jet marketpredictws 11,500 deliveries from 2009 to 2018, which represents $256 billion in worldwide revenues. The company also forecasts 12,40 deliveries in the 20-to-149 seat commercial market over the next 20 From 2009to 2028, Bombardier predicts this market to be worthh $589 billion. “The financial turbulence being felt aroun the globe has placed a significant focus on the challenges facing theaviation industry, particularly within the businesw jet sector,” Mairead Lavery said in a Lavery, vice president of strategy and business developmen for Bombardier, believes the immediat e future of the industryg will remain volatile.
But he said the long-termj future still holds plenty of opportunitg foraircraft manufacturers. “As the world beginsw to emerge from thiseconomic crisis, demand shouldd gradually return and future prospects remaijn solid,” he said.

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