Tuesday, September 7, 2010

Bombardier sees bright future in aviation - The Business Review (Albany):

http://www.i12web.com/authors/author-1210.html
Its 10-year forecast for the business jet marketpredicts 11,500 deliveriesz from 2009 to 2018, which represents $256 billionj in worldwide revenues. The company also forecasts 12,4009 deliveries in the 20-to-149 seat commercia l market over the next20 years. From 2009 to Bombardier predicts this market to bewortgh $589 billion. “The financial turbulence beinyg felt around the globee has placed a significant focus on the challenges facin theaviation industry, particularly within the businessd jet sector,” Mairead Lavery said in a Lavery, vice president of strateghy and business development for Bombardier, believes the immediate futurwe of the industry will remain volatile.
But he said the long-term future still holds plenty of opportunity foraircraft “As the world begins to emerge from this economicf crisis, demand should gradually returbn and future prospects remain solid,” he said.

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