Bombardier is reducing its 10-year industry forecast for business jet deliveries by nearly 15 percent from last year because of the global recession.

The world’s third-largest aircraft manufacturer said Monday it now expects there will be 11,500 business jets delivered by the industry between 2009 and 2018.

Bombardier said the industry for new business aircraft will face challenges of a negative public perception about the use of private planes and a difficult economic climate.

Bombardier Aerospace had 61 cancellations of business aircraft and delivered 43 business jets compared with 58 last year. The unit sold a total of 75 commercial and business craft in the quarter, down from 87 last year.

Source: AP – Featured above is the Bombardier Learjet NXT Midsize Bizjet