The business aviation market has turned the
corner and is gaining momentum. Industry
net orders are back to positive and most
leading indicators continue to improve.
The industry backlog rebuilds and deliveries
are months away of the new up-cycle. While
the business jet industry is very cyclical,
it also has significant growth potential.
All long-term market fundamentals remain
positive: business jet utilization, backlogs,
the pre-owned aircraft market, new aircraft
programs, fractional and branded charter
demand, business jet penetration in Growth
Markets, and aircraft retirements. Manufacturers
will continue to generate more value for
customers by supplying more efficient and
better designed aircraft.
The business jet market should experience
strong growth over the 2011-2030 period
with 24,000 deliveries worth $626 billion of
revenues. The worldwide business jet fleet is
expected to grow from 14,700 in 2010 to
30,900 by 2030, net of retirements. The
Large category of the market is expected
to expand faster than the other categories.
The manpower needed to manufacture these
aircraft and the revenues associated with
them will create significant economic value.
conclusion
Bombardier Business Aircraft
|
Market Forecast 2011-2030
48
The business jet market
will generate
24,000 new aircraft deliveries,
worth
$626 billion over the next 20 years.
