P&WC: Bizjet Market To Grow by 2015

 - June 28, 2010, 12:41 PM

Pratt & Whitney Canada president John Saabas told Bloomberg Businessweek that the business jet market will return to peak production levels by 2015, reaching the record levels of 2008 in 2014 or 2015. This closely matches a forecast issued in April by Embraer, which uses several P&WC engine models on its executive jets, that said 2008 levels will be attained around 2016.