EBACE 2011: Bombardier Aerospace Releases Annual Aircraft Market Forecasts
Written by thomas · Filed Under Aeronautics NewsMay 18, 2011
– 20-year Business Aircraft Market Forecast predicts 24,000 deliveries from 2011 to 2030, representing market-wide revenues of $626 billion
– 20-year Commercial Aircraft Market Forecast from 2011 to 2030 calls for 13,100 deliveries in 20- to 149-seat market, worth close to $639 billion
GENEVA, SWITZERLAND–(Marketwire – May 18, 2011) – Today, Bombardier Aerospace released its annual aircraft market forecasts for the business and commercial aircraft markets.
While both business and commercial aircraft were affected by the recession, business aircraft industry indicators are trending upwards, and the commercial aircraft market is seeing the beginning of a market recovery. China, India and other developing regions are leading the global industry recovery and are expected to capture an increasingly important share of industry orders in both the business and commercial aircraft markets.
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