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conclusion

Bombardier Business Aircraft

|

Market Forecast 2011-2030

49

The business aircraft industry will likely face

new challenges going forward. As fuel prices

and environmental concerns rise, the green

wave is expected to modify customers’

actions and perceptions in the future. The

industry has anticipated this by announcing

its commitment on climate change to reduce

total CO

2

emissions by 50% by 2050 relative

to 2005 levels. Bombardier continues to

be proactive in addressing environmental

concerns through corporate social responsibility

initiatives such as being the first aircraft

manufacturer to offer business aircraft

customers a fully managed carbon-offset

program. Also, OEMs will have to contribute

to develop worldwide infrastructure to

support the expected rapid growth of

business aviation in Growth Markets.

Despite short-term challenges that are

likely to occur along the way, the long-term

prospects for business aviation are solid, and

Bombardier expects the industry to reach

new heights over the next 20 years.

The long-term prospects for business

aviation

are solid and Bombardier

expects the industry

to achieve new

heights in the next 20 years.