Financial Times FT.com

Global turbulence turns feast to famine

By Kevin Done, Aerospace Correspondent

Published: May 11 2009 15:35 | Last updated: May 11 2009 15:35

Business jet makers have been sent reeling by the speed of the decline in their fortunes as the global recession has deepened.

The fat years of soaring orders and record deliveries have quickly become no more than a fond memory. As the industry is forced to retrench rapidly and painfully, it is also having to fight a desperate rearguard action to save its reputation.

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