current market drivers
Bombardier Business Aircraft
|
Market Forecast 2011-2030
14
US Business Jet Utilization
All business jets, Thousand departures and landings, 2009-2011
Source: FAA.
826
874
927
945
960
1,001
1,018
1,019
1,006
-30%
-24%
-12%
0%
16% 15%
10% 8% 5%
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11
Departures and Landings ('000)
Departures and Landings Growth YoY (%)
European Business Jet Utilization
All business jets, Thousand departures and landings, 2009-2011
Source: Eurocontrol.
Departures and Landings ('000)
Departures and Landings Growth YoY (%)
89
113
124
103
97
120
133
108
100
-22% -20%
-13%
0%
9%
6% 7% 5% 3%
Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11
Business Jet Market Drivers
Business Jet Utilization
Historically, business jet utilization is an
indication of the overall health of the industry.
The Federal Aviation Administration (FAA) and
Eurocontrol record the number of take-offs
and landings at American and European
airports respectively.
Both in the U.S. and in Europe, although
utilization levels are not yet back to pre-
recession levels, business jet movements
continued to improve during 2011, relative
to the same period in 2010. In Q1-2011,
business jet utilization was up 5% year-
over-year in the U.S. and 3% in Europe.