Bombardier unveils revamped small business jet to compete with Embraer

) is expecting up to 7,600 new business jet deliveries worth $248 billion from 2020 to 2029, fueled by demand from corporate flight departments and the introduction of new models.

According to the latest shipment data from the General Aviation Manufacturers Association , Embraer delivered 27 Phenoms during the first half of 2019 compared with four Learjet deliveries for Bombardier. The Learjet 75, which seats up to seven, listed in 2018 for $13 million compared with just over $9 million for the Phenom.

“At the end of the day, it is a combination of ownership plus operating costs and dispatch reliability that are of particular importance to owners operators in this part of the market,” said aviation analyst Rolland Vincent.

Did they literally announce this minutes after liberals win the election!!🙄

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