Wednesday, November 2, 2011

Bombardier sees bright future in aviation - Portland Business Journal:

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Its 10-year forecast for the business jet markefpredicts 11,500 deliveries from 2009 to 2018, which represents $256 billiohn in worldwide revenues. The company also forecastas 12,400 deliveries in the 20-to-149 seat commerciaol market over the next 20 From 2009 to Bombardier predicts this market to beworth $589 billion. “Th e financial turbulence being felt arounc the globe has placed a significant focus on the challenges facinv theaviation industry, particularly within the business jet Mairead Lavery said in a release. Lavery, vice presidenrt of strategy and business developmentfor Bombardier, believes the immediatse future of the industry will remain volatile.
But he said the long-ternm future still holds plentt of opportunity foraircraft manufacturers. “Asz the world begins to emerge from thiseconomic crisis, demand shoulrd gradually return and future prospects remain solid,” he

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