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current market drivers
Bombardier Business Aircraft
|
Market Forecast 2011-2030
17
New Aircraft Programs
Continued progress, notably in engine
specific fuel consumption, avionics and
aerodynamics allows aircraft models from
the latest generation to offer for a comparable
price, more range, performance and features
than those of the previous generation. The
launch of new airplane programs reflects
OEMs’ ability to apply the latest technology
breakthroughs to their product lines, the
market need for more performing aircraft,
and the OEMs’ confidence in the
marketplace going forward.
Three aircraft were launched in 2010,
including Bombardier’s
Global 7000
and
Global 8000
jets.
Fractional and Branded
Charter Demand
Fractional ownership (where several users
acquire a portion of the same aircraft)
has existed since the mid-1990’s and has
accounted for 10% to 15% of industry
yearly deliveries on average. In the period
from 1995 to 2010, fractional operators
took delivery of over 1,150 corporate jets.
Subsequent variations of this business
model include “fractional card” or “jet card”
programs whereby customers obtain
on-demand access to a business jet by
committing to a predetermined number
Sources: Dates of entry from competitors’ press releases and trade media coverage.
Entry Into Service of New Programs
Entry into service by model, calendar years 2011-2017
2011
2012
2013
2017
G250
G650
Global Vision
Hawker 200
Legacy 500
Citation Ten
Learjet 85
Legacy 450
Falcon 2000S
2014
2016
Global
7000
2015
Global
8000
+
Per
Year
-
Air Travel Options
Source: Bombardier’s internal research department.
Personalized service
Low cost
airlines
Commercial
airlines
First-class
commercial
airlines
Air Taxis
Branded
Charters
Jet-card
programs
Fractional
ownership
Full
ownership
Commercial-aviation
offering
On-demand service
Business jet ownership
Business jet market