Bombardier forecast: 24,000 New Business Jets in Next 20 Years

A 20-year business aircraft market forecast released by Bombardier predicts a return to sustained growth. According to the report, some 24,000 business jets (not including very light jets) will be delivered from 2011 to 2030. The total includes 10,000 aircraft worth $260 billion in the first half of the forecast period and 14,000 jets worth $366 billion in the second half. Bombardier said the business aircraft industry’s improving book-to-bill ratio is a signal that the market has turned the corner and is gaining momentum. Thanks to a widening customer base for business aircraft, especially in high-growth economies, the Canadian aircraft manufacturer foresees that North America, Europe and China will be the most active markets and will generate the most revenues over the next 20 years.

Bombardier Business Aircraft

Tags: ,

Comments are closed.