Jefferies Says Bizjet Market Depressed; Cuts Production Forecast

Credit: G450: Ramey Logan
The business jet market is depressed, a new semi-annual survey by Jefferies Group indicates, prompting analysts there to cut its business jet production forecast for this year. Jefferies has reduced its production forecast from an estimated 654 aircraft in 2016 to 628-633 units for the year—a drop...

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