The INITIAL phase of the RJ revolution is over. Since the first CRJ200 was handed over to Lufthansa CityLine in 1992, Embraer and Bombardier have combined to deliver more than 1,700 jets in the 37/55-seat class. But orders for 50-seat and smaller jets peaked at the end of the 1990s and have declined steadily since 9/11. Backlogs are shrinking and it is clear that the love affair with small RJs has cooled. That's the bad news. The good news is that as US Majors are able to liberalize ...

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