Wednesday, July 19, 2006

Bombardier Releases Aircraft Market Forecasts

Farnborough, England, July 17, 2006

20-year commercial aircraft market forecast calls for 11,000 deliveries in 20- to 149-seat market worth $370 billion US·

Five-year baseline corporate aircraft market forecast predicts 600 to 700 deliveries annually from 2006 to 2010 Bombardier Aerospace today released its aircraft market forecasts for the commercial and business aircraft markets.


Business Aircraft Market Forecast
According to Bombardier’s first-ever public annual business aircraft market forecast, deliveries of all business jets is expected to grow significantly.

For the 2006-2010 period, corporate aircraft manufacturers could deliver an average of 600 to 700 business jets annually, excluding the very light segment, a significant increase from the 540 units delivered during the 2001-2005 period.

The forecast indicates that most primary market drivers are currently stable or positive. These include: an installed base of 13,000 business jets which, on average, require replacement every six years; the U.S. gross domestic product forecasted growth of three per cent next year; a surge of concept buyers in international markets; a healthy balance in the pre-owned aircraft segment; and a strong rate of new aircraft introductions.

Bombardier is well positioned to benefit from the demand in new aircraft with its current line of business jets, the largest in the industry, that features the Learjet, Challenger and Global families and innovative services including its leading Flexjet fractional ownership, Skyjet’s international charter program, and the new Corporate Shuttle Solutions concept.

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