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Bombardier expects slow recovery in business jet market

9 April 2010

Bombardier is seeing gradual improvement in demand for business jets, but warns that new-aircraft prices remain depressed and it will be at least a few more months before prices return to normal levels. Company had 186 business aircraft cancellations last year compared with 101 orders. ButBombardier Aerospace president Guy Hachey points out that the manufacturer had net positive orders for nine business aircraft in the second half, compared with negative net orders for 94 business aircraft in the first half.

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