Bombardier Reduces 10-Year Industry Forecast

MONTREAL (AP) -- Bombardier is reducing its 10-year industry forecast for business jet deliveries by nearly 15 percent from last year because of the global recession.

The world's third-largest aircraft manufacturer now expects there will be 11,500 business jets delivered by the industry between 2009 and 2018.

Bombardier said Monday the industry for new business aircraft will face challenges of a negative public perceptions about the use of private planes and a difficult economic climate.

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