Business Aircraft Market Forecast 2012 - 2031 - Bombardier

igure the #24 forecast
north america (United StateS and Canada)
north America is, by far, the largest market
for business jets and key to the long-term
success of the industry.
the u.s. economy has been recovering since
mid-2009. in recent quarters, the economy
has been strengthened by the ongoing
rebound in employment, stronger consumer
confidence, higher equity prices and credit
growth. notably, corporate profitability is at
record levels. However, risks remain to the
economy in terms of surging gasoline prices
driving up inflation, sluggish worldwide
growth impacting exports and high debt
levels. this is also a presidential election
Fleet per 100 Million Population (Log Scale)
10,000
1,000
100
10
1
year, which could impact u.s. corporate and
personal buying decisions.
canada accounts for about 4% of the business
jet demand in north America. According to
iHs Global insight, the canadian economy
bombArdier business AircrAft
Market forecast 2012-2031
BUSINESS JET PENETRATION FORECAST – NORTH AMERICA
Fleet per Capita vs. GDP per Capita, 1960-2031
1961
1971
1981
2031
20112021
2001
1991
100 1,000 10,000 100,000
GDP per Capita ($, Log Scale)
Sources: Ascend, IMF, IHS Global Insight, UN population project, Bombardier forecast. Includes Very Light Jets.
Actuals
Forecast
grew at a rate of 2.3% in 2011 and is expected
to grow at a slower rate of around 2% in 2012.
While many sectors have performed well,
canadian economic growth is being impacted
by high household debt, government deficits
and associated restraint measures.
27