current market drivers
Bombardier Business Aircraft
|
Market Forecast 2011-2030
13
Stock markets have rebounded nicely since
March 2009. The MSCI World Index grew
by 60% from March 2009 to June 2010.
Growth has been consistent during that
15-month period, with the exception of spring
2010, which was characterized by high
market uncertainty due to sovereign debt
problems in Europe. The MSCI World Index
ended 2010 at levels last seen during the
third quarter of 2008. Although the MSCI
World Index has increased for more than
two years, full recovery of business jet
order intake has been lagging.
A March 2011 report from Forbes estimated
the number of world billionaires at 1,210,
surpassing the prior peak of 1,123 reached
in 2008. The March 2011 count of billionaires
represents a 20% increase versus one year
ago and 53% versus 2009. The most
significant growth in the number of billionaires
occurred in China with a very impressive
increase of 66% year-over-year followed by
Russia & CIS (61%) and Latin America (47%).
Number of Billionaires
Unit & % Change 2010-2011
0
300
400
500
200
100
India
Latin
America
Middle
East
Russia
& CIS
Asia
ex. China
China
Europe
North
America
Number of
Billionaires
% Change
2011 vs 2010
Africa
14% 47%
39%
32%
61%
66%
5% 0%
50%
182
107
72
72
62
49
36
4
428
192
178
116
95
86
56
53
427
6
2010
2011
World 2010:
1,011
World 2011:
1,210
Sources:
Forbes.comMarch 2010 and March 2011.
The number of billionaires
increased 20%
versus last year.