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Bombardier forecasts 9,950 corporate aircraft deliveries in next 10 years

Bombardier forecasts 9,950 corporate aircraft deliveries in next 10 years

Aircraft maker Bombardier Inc. says it expects demand will remain strong for the planes it makes for the next 10 years.
The Montreal-based company's air division, Bombardier Aerospace, said in a forecast released Tuesday that the corporate aircraft market is expected to see 9,950 deliveries, excluding very light jets, between 2007 and 2016 for market-wide revenues of US$227 billion (euro166.8 billion).
"Overall demand for aircraft in the segments in which Bombardier competes will remain strong," the company said in a release. "As well, there is a geographic shift toward international markets and a structural shift toward more cost-effective aircraft."
The company said it believes corporate aircraft makers will deliver about 995 business jets a year, up from the industry average of more than 572 jet deliveries a year from 1997 to 2006.
"Bombardier's forecast also indicates that primary market drivers continue to be positive or stable," the company said, factoring in an average order backlog of about two years and sustained U.S. gross domestic product growth of three per cent for the next 10 years.
In its 20-year commercial aircraft market forecast, Bombardier said demand for 20- to 149-seat commercial aircraft will reach about 11,200 new planes with a total value of US$393 billion (euro288.8 billion).
"Airline capacity is expected to double over the next 20 years. The trend toward larger aircraft, coupled with sustained higher fuel prices, will reinforce operators' requirement for modern aircraft with low operating costs."
Bombardier said it "continues to refine" its plan to build the new C-Series aircraft, with a target date for entry into service of 2013 if it decides to build the plane.
On Monday, Canadian transport officials said they want Bombardier to modify its maintenance procedures for some regional jets due to problems linked to their flap systems.


Updated : 2021-06-18 17:51 GMT+08:00