Bombardier Aerospace Expects Growing Demand For New Business Jets

Reuters reports that Bombardier Inc's aerospace unit has significantly raised its forecasts of global demand for business jets and airliners.

According to the Reuters story, due to the the growing demand for air travel and the need to replace aging aircraft, Bombardier expects expects the industry to deliver 1,320 business jets annually from 2008 to 2017.

Bombardier Aerospace is the world's third-largest builder of civil aircraft.

You can read the Bombardier Market Forecast on the Bombardier homepage.