Bombardier Aerospace Releases Annual Aircraft Market Forecasts
10-year baseline Business Aircraft Market Forecast predicts 13,200 deliveries from 2008 to 2017, representing market-wide revenues of $300 billion US.
• In the 20- to 59-seat aircraft segment: the forecast expects a demand of approximately 500 aircraft;
• In the 60- to 99-seat aircraft segment: demand is expected to reach approximately 6,100 aircraft;
• In the 100- to 149-seat aircraft segment: the forecast predicts a demand for approximately 6,300 aircraft.
One in every three commercial flights worldwide are on regional aircraft and Bombardier’s latest generation of products – its cost-efficient CRJ700/CRJ900/CRJ1000 NextGen regional jets and Q400 turboprop – have become the backbone of many of the world’s airlines. In a period of soaring fuel prices and growing environmental concerns, the popular Q400 is proving to be the most economical and environmentally efficient regional aircraft solution on short distance routes. On longer distance routes, the CRJ700, CRJ900 and CRJ1000 NextGen regional jets burn less fuel, produce fewer harmful emissions and provide better economics than comparable regional jet aircraft.
To address the 100- to149-seat segment, Bombardier has spent the last two years refining its CSeries design incorporating the latest technology necessary to produce a game-changing family of aircraft. This new family of aircraft will offer unmatched economics, performance, reduction of environmental footprint and passenger comfort to mainline carriers. In February 2008, the Bombardier Board of Directors granted Bombardier Aerospace the authority to offer formal sales proposals of the optimized CSeries aircraft family to airline customers. A launch decision is expected in 2008 for entry into service in 2013.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.
Bombardier, CRJ700, CRJ900, CRJ1000, Q400, NextGen and CSeries are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.
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