Despite layoffs, Bombardier remains "confident in the industry"

Canadian plane maker Bombardier announced Thursday it will cut 1,360 jobs related to its Learjet and Challenger jet programs, joining Hawker Beechcraft, Gulfstream Aerospace and Cessna Aircraft in downsizing. Workers in three countries will be affected by the layoffs. Despite the industry's woes, a Bombardier spokesman said the company is "confident in the industry in the medium and long term." Bombardier plans to increase production of its Q400 turboprop, which has not been affected by the downturn.

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