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Bombardier bullish on new business jet and regional airliner requirements

written by australianaviation.com.au | June 17, 2013
Bombardier is confident about the future need for regional jets such as its CS300. (Bombardier)

Bombardier projects a need for 24,000 business jets and 12,800 commercial aircraft in the 20-149-seat category over the next 20 years. The figures are part of the manufacturer’s recently released official 20-year market forecasts.

The company expects business and commercial aircraft markets to continue to recover from industry downturn, with signs of forward momentum beginning to emerge.

“While demand for new aircraft orders will continue to come from established and developed markets, the growth potential in emerging markets such as China, India, Russia and Latin America is predicted to play an increasingly important role in the global aviation marketplace,” Bombardier said. “With fuel prices and environmental concerns continuing to rise, operators across both industries continue to focus on fleet optimisation and aircraft efficiency.”

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Business Aircraft Market Forecast Numbers

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 2013 to 2032 in the segments in which the company competes.

The forecast anticipates 9,800 aircraft deliveries between 2013 and 2022, and 14,200 aircraft from 2023 to 2032.

“While business jet orders and deliveries for 2013 are expected to be comparable to those of 2012, Bombardier forecasts that they will begin to improve in 2014 and that the industry will surpass its prior delivery peak year of 2008 by as early as 2016.”

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Over the forecast period, Bombardier predicts North America will receive the greatest number of new business jet deliveries between 2013 and 2032, followed by Europe, which despite its continued economic challenges, remains the second largest market. China is forecast to become the third largest region in terms of deliveries over the next 20 years with 1,000 deliveries from 2013 to 2022, and 1,420 deliveries from 2023 to 2032.

Commercial Aircraft Market Forecast Numbers

Bombardier’s view of the 20- to 149-seat commercial aircraft market predicts 12,800 deliveries from 2013 to 2032, specifically:

– 20 to 59 seats: 250 aircraft deliveries

– 60 to 99 seats: 5,650 aircraft deliveries

– 100 to 149 seats: 6,900 aircraft deliveries

“Strong projected traffic demand, an expanding middle class population in growth markets, and the continued relaxation of scope clauses during the forecast period, are the key driving forces behind Bombardier’s 20-year commercial aircraft market forecast numbers,” the company added.

“While demand from international markets such as India, China, Africa and Latin America are expected to increase significantly, North America is expected to remain the world’s largest market in aircraft deliveries, taking an expected 3,710 new aircraft, followed by China and Europe with 2,330 and 1,700 aircraft, respectively.”

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