11/14/2011

Embraer is forecasting a downturn in the business-aviation market, executives say. The Brazilian aircraft manufacturer predicts the delivery of 9,125 executive aircraft rather than another, rosier prediction of 11,275 aircraft between 2012 and 2021. Claudio Camelier, an Embraer vice president, said, "Given how we see the world economy, the downturn scenario is the most likely one."

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