EBACE 2008: Business jet sales will ride the recession, says Bombardier
Fuelled by a strong order intake and a record backlog, Bombardier comes to EBACE optimistic about increasing delivery numbers through the next decade.
Growth in non-US markets is expected to drive the business jet deliveries to 1,320 yearly between 2008 and 2017, compared with the industry average of 620 yearly in the 1998-2007 period, according to the Canadian company’s latest forecast.
The forecast – estimating value of more than $300 billion over the ten years - does not include aircraft it has categorised as VLJs (Very Light Jets) such as the Beechcraft Premier I, the Cessna Citation Mustang, CJ1+, CJ2+, Eclipse and Embraer Phenom 100.
Bombardier is watching this sect
This entry was posted on Monday, May 19th, 2008 at 8:00 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.