Bombardier Incorporated, the aircraft manufacturer based in Montreal, Quebec, Canada, says it is considering making its largest business jet so far in order to compete with Gulfstream’s G650 model.
Cessna Aircraft Company, the biggest maker of corporate jets in the United States, is planning another round of layoffs as well as reductions in production.
India too now has an Air Force One fleet.
Dassault Aviation, the aircraft manufacturer based in France, has forecast that there will be a drop in the net orders for its Falcon jets in 2009 as a result of the global economic recession.
The Civil Aviation Authority of the United Kingdom has allowed operation of Dassault Aviation’s Falcon 7X business jet at London City Airport.
Despite economic uncertainty in the United States and some other parts of the world, it has been forecast that the worldwide market for business jets will continue to grow over the next 10 years, accounting for $300 billion in sales.
Fuji Heavy Industries has delayed the development of its new business jet, the Subaru Jet, for a few years.