Bombardier Raises Forecast For Commercial Jets

FARNBOROUGH (CP) -- Bombardier Inc. has raised its forecast for commercial and business aircraft demand over the next two decades.

The forecast for the industry as a whole is for 12,800 commercial aircraft of up to 149 seats by 2029, up 400 planes from the previous forecast.

That includes 6,700 commercial jets in the 100- to 149-seat category occupied by Bombardier's new-generation CSeries jet.

That's 700 more planes in the CSeries category than in Bombardier's previous forecast.

In the business aircraft segment, the Montreal-based company is projecting demand will increase to 26,000 planes from all manufacturers including Bombardier over the next 20 years.

The announcement was made at the Farnborough Air Show in southern England, where the industry's players have gathered.

So far Bombardier hasn't announced any additional sales of the much-anticipated CSeries at the three-day showcase for the world's leading aircraft makers.

It has been more active in the business aircraft segment, including 17 orders worth about US$800 million during the air show's on Monday and Tuesday.

On Wednesday, Australian flag carrier Qantas Airways ordered seven Q400 turboprop commercial airliners in a deal worth US$218 million at list prices.

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