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Business Aircraft Market Forecast 2012 - 2031 - Bombardier

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current market drivers<br />

Activity in Japan will remain volatile, with<br />

moderate growth expected in the first half of<br />

the year. in china, recent policy decisions have<br />

been effective in partially offsetting external<br />

headwinds faced by its export sector. in brazil,<br />

a loosening of monetary policy and a boost<br />

to investment in infrastructure and energy<br />

should help offset economic challenges.<br />

the european economy is expected to remain<br />

fragile. major decisions in europe at the<br />

beginning of <strong>2012</strong> have improved the outlook,<br />

reduced the risk of catastrophe, and moderated<br />

the severity of the recession. nevertheless,<br />

substantial risks remain in the eurozone: high<br />

unemployment, low confidence and weak<br />

lending activity prevent the economy<br />

from growing.<br />

the oecd also suggests: “the global<br />

outlook is still largely dependent on policy<br />

actions: in the u.s. the fiscal debt lock must<br />

be addressed, in the eurozone the firewall<br />

must be significantly strengthened, banks<br />

need to be recapitalized.”<br />

We have stepped back from the cliff, but<br />

more needs to be done to boost growth and<br />

sustain the recovery.<br />

bombArdier business AircrAft<br />

<strong>Market</strong> forecast <strong>2012</strong>-<strong>2031</strong><br />

13

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