Bombardier Aerospace Releases Annual Market Forecasts | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 04.23.18

Airborne-UnManned 04.24.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Airborne-YouTube

Airborne 04.23.18

Airborne-UnManned 04.24.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Wed, Jun 20, 2012

Bombardier Aerospace Releases Annual Market Forecasts

Forsees 24,000 Business Jet Deliveries, 12,800 Regional Airplanes Over Next 20 years

Bombardier Aerospace has released its annual 20-year forecasts for the business and commercial aircraft markets during a pre-Farnborough media event, held at its headquarters in Dorval, Québec, that was simultaneously webcast. As the business and commercial aircraft markets continue to recover from the industry downturn, indicators are mixed, yet trending positively. New aircraft orders are supported by continued demand from developed markets and growth potential in emerging markets, which are expected to play an increasingly important role in the global aviation marketplace. Operators industry-wide remain focused on fleet optimization and aircraft efficiency as fuel prices and environmental concerns rise.

“We have built our leadership position in aviation by continuously pushing the boundaries of product development to better meet the needs of our customers, both those who operate our aircraft and those who use them as a mode of transportation,” said Mairead Lavery, Vice President, Strategy, Business Development and Structured Finance, Bombardier Aerospace.

Bombardier is confident in the strong, long-term potential of the business aircraft industry and forecasts a total of 24,000 business jet deliveries from 2012 to 2031 in all segments in which Bombardier competes, which represents approximately $648 billion US in industry revenues. The Bombardier Business Aircraft Market Forecast anticipates 9,800 aircraft deliveries, worth $266 billion US, from 2012 to 2021 and 14,200 deliveries, worth $382 billion US, from 2022 to 2031.

While the business aviation market continues to recover, current market indicators are mixed. Market confidence needs to be fully restored for industry business jet deliveries to increase strongly and enable the industry to realize its full potential. Deliveries are expected to lag order intake as manufacturers strive to maintain acceptable backlog levels, and business jet industry deliveries for 2012 are expected to be comparable to 2011. Bombardier believes business jet industry deliveries will return to sustained growth starting in 2013, with the Large aircraft category demonstrating the fastest growth.

Over the forecast period, Bombardier predicts that North America will receive the greatest number of new business jet deliveries between 2012 and 2031 with 9,500 aircraft, followed by Europe, with 3,920 aircraft. Notably, China will become the third largest market for business jet deliveries, with 2,420 deliveries from 2012 to 2031. Bombardier also expects key growth markets, including Brazil, India, Russia and the Commonwealth of Independent States (CIS), Indonesia, Mexico, South Korea and Turkey, to receive a significant share of business jet deliveries during the next 20 years.

Bombardier Aerospace’s 20-year view of the 20- to 149-seat commercial aircraft market calls for 12,800 deliveries from 2012 to 2031, generating over $630 billion US in sales revenue. This represents a decrease of 300 units (2.3 per cent) compared to last year’s forecast, mainly due to a lower GDP forecast and a sharp increase in the projected oil price.

Bombardier’s anticipated industry deliveries by segment are:

  • 20 to 59 seats: 300 aircraft deliveries.
  • 60 to 99 seats: 5,600 aircraft deliveries.
  • 100 to 149 seats: 6,900 aircraft deliveries.

In the 60- to 99-seat commercial aircraft market, Bombardier expects that scope clauses in North American and European operations will continue to ease to meet growing demand in this market segment, valued at more than $180 billion US over the 20-year forecast period. In the 100- to 149-seat segment, a shift in focus towards aircraft that are optimized for their intended segments is expected to be a catalyst for demand as airlines move away from derivatives of larger aircraft that were originally designed for larger capacity. Deliveries from 2012 to 2031 in the 100- to 149-seat segment are forecast to be worth more than $449 billion US.

The global demand for air travel and new aircraft continues to shift towards emerging markets. In 2011, Bombardier increased the size of its commercial aircraft sales team, placing a strong emphasis on these regions to meet this demand. However, as with the business aircraft industry, North America is expected to lead the way in aircraft deliveries over the forecast period, taking in an expected 4,730 new aircraft, followed by China, with 2,220 aircraft, and Europe, including Russia and the CIS, with 2,240 aircraft.

The Bombardier Commercial Aircraft Market Forecast predicts that more than half of the current commercial aircraft fleet will be replaced in the next 20 years – a slightly greater percentage than expected last year. Technical obsolescence, cost inefficiencies and age are driving the increasing pace of older aircraft retirements, which will in turn have a positive impact on demand for new aircraft. In addition, although high oil prices will continue to challenge airlines’ profitability, the arrival of new, technologically advanced aircraft that deliver direct operating cost reductions will accelerate the retirement of older, less fuel-efficient aircraft.

FMI: www.bombardier.com

Advertisement

More News

Airborne-Unmanned 04.17.18: XPO 2018, Drone Broadcasts, Airbus Inspection Drone

Also: NZ AFB Drone Incident, Police UAVs, Inaugural Drone Boot Camp, Predator 5M Flight Hours This is it! THE major unmanned exposition of the year -- AUVSI XPONENTIAL 2018 starts >[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

Airborne/Barnstorming 04.23.18: We Can Do So Much Better...

I'll Admit It... We're A Mite Frustrated, But We're ALSO Not Quitting... Ever Comments/Analysis/News/Video by ANN CEO/Editor-In-Chief, Jim Campbell We've accomplished so much over >[...]

Airborne 04.23.18: Hemisphere Suspended, Thunderbirds Fly, Apple v Drones

Also: New NASA Administrator, AD For CFM56-7B, Engine Display Upgrade On C-441, First BBJ MAX Textron Aviation has suspended work on the Citation Hemisphere large business jet, cit>[...]

Airborne 04.20.18: Continental Jet-A Seminole, SWA Fallout, NYC NIMBY's Helo's

Also: Teamsters Talk Allegiant, Coleman Young Airport, Miracle Flights, IN Av Repair Biz Cleared Piper has selected the Continental Motors CD-170 compression ignition engine fueled>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC