BizJet Forecast Numbers Cut By Bombardier

By Kerry Lynch .

Bombardier substantially scaled back its outlook for the business jet market in its most recent annual forecast, which was released during last week’s European Business Aviation Convention & Exhibition. Reflecting the ongoing struggles of the industry, Bombardier predicts the delivery of 24,000 business jets valued at $626 billion over the next 20 years. The business jet forecast is markedly down from last year’s predictions of 26,000 deliveries valued at $661 ...

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