Business Aircraft Market Forecast 2012 - 2031 - Bombardier

conclusion
the business aviation market continues to make
progress in recovering from the significant
downturn of 2009-2010. While current market
leading indicators are mixed, the overall trend
is positive. As confidence returns to world
markets, aircraft orders and backlogs will
expand and deliveries will accelerate. While
the business jet industry is cyclical, it also has
significant growth potential. the key market
drivers such as wealth creation, globalization
of trade, replacement demand, new aircraft
programs, emerging market growth and
greater market accessibility through fractional
and branded charter demand are all showing
positive trends. furthermore, the penetration
of business jet fleets in many emerging markets
is low, indicating significant growth potential
as these economies surge and more readily
accept business jets as productivity tools.
manufacturers continue to anticipate market
needs by developing and supplying more capable,
efficient and better designed aircraft.
the business jet market
will generate 24,000 new
aircraft deliveries, worth
$648 billion over the
next 20 years.
bombArdier business AircrAft
Market forecast 2012-2031
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