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Its 10-year forecast for the business jet marketpredicts 11,50o deliveries from 2009 to which represents $256 billionj in worldwide revenues. The company also forecastx 12,400 deliveries in the 20-to-149 seat commerciakl market over the next 20 From 2009to 2028, Bombardier predicts this market to be wortuh $589 billion. “The financial turbulenc e being felt around the globe has placed a significant focuw on the challenges facing theaviatioj industry, particularly within the business jet sector,” Mairead Lavery said in a release. Lavery, vice president of strateggy and business developmentfor Bombardier, believesw the immediate future of the industrg will remain volatile.
But he said the long-term future still holdas plenty of opportunity foraircraft manufacturers. “Ad the world begins to emerge from thiseconomic crisis, demand should gradually return and future prospects remain he said.
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