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Bombardier Business Aircraft | Market Forecast 2011-2030 - Learjet ...

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conclusion<br />

The business aircraft industry will likely face<br />

new challenges going forward. As fuel prices<br />

and environmental concerns rise, the green<br />

wave is expected to modify customers’<br />

actions and perceptions in the future. The<br />

industry has anticipated this by announcing<br />

its commitment on climate change to reduce<br />

total CO2 emissions by 50% by 2050 relative<br />

to 2005 levels. <strong>Bombardier</strong> continues to<br />

be proactive in addressing environmental<br />

concerns through corporate social responsibility<br />

initiatives such as being the first aircraft<br />

manufacturer to offer business aircraft<br />

customers a fully managed carbon-offset<br />

program. Also, OEMs will have to contribute<br />

to develop worldwide infrastructure to<br />

support the expected rapid growth of<br />

business aviation in Growth <strong>Market</strong>s.<br />

Despite short-term challenges that are<br />

likely to occur along the way, the long-term<br />

prospects for business aviation are solid, and<br />

<strong>Bombardier</strong> expects the industry to reach<br />

new heights over the next 20 years.<br />

<strong>Bombardier</strong> <strong>Business</strong> <strong>Aircraft</strong> | <strong>Market</strong> <strong>Forecast</strong> <strong>2011</strong>-<strong>2030</strong> 49<br />

The long-term prospects for business<br />

aviation are solid and <strong>Bombardier</strong><br />

expects the industry to achieve new<br />

heights in the next 20 years.

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