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Jet market forecast to grow

By Charles Spence · July 14, 2013 ·

The market for the sales of business jets is expected to grow over the next 20 years, according to a report issued by Bombardier Aerospace.

The forecast estimates that worldwide, about 24,000 business jets will be delivered in the years before now and 2032. Sales this year are expected to remain about as they were in 2012, but looked to improve in 2014, according to the report.

North America is expected to see the greatest number of sales, with about 3,700 jets expected to be delivered. China, Europe, and Latin America follow, in that order, as the areas where the most sales will occur

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