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Business aircraft jet hampered by large used aircraft inventory
8. september 2010 17:38 | General aviationFlight Global
Elevated used inventory, attractive used pricing and macro uncertainty continue to hold down demand for new business jets, says the latest business jet monthly report by JPMorgan Equity Research.
The US analyst concedes that "OEMs are eating further into their backlogs, and if these don't stabilise in the coming quarters, further production rate cuts seem likely".
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