Bombardier lifts forecast for 2010-2029 to 1,280 aircraft

Bombardier released (21-Jul-2010) its Commercial Aircraft Market Forecast for 2010-2029, which forecasts demand for the 20 to 149-seat commercial aircraft to reach 1,280 new aircraft during the 20-year period, an increase of 400 units from its 2009 forecast. The forecast delivery demand is valued at USD612 million. The aircraft manufacturer upgraded its GDP growth rate forecast from +3.0% in 2009 to +3.2%. Details include:

• Total aircraft deliveries: 12,800;
  • North America: 4,840;
  • China: 2,260;
  • Europe: 2,200;
  • Asia Pacific: 1,640;
  • Latin America: 950;
  • Africa and Middle East: 910.
• Annual global GDP growth: +3.2%;
  • China: +7.4%;
  • India: +6.3%;
  • Africa: +4.4%;
  • Latin America: +4.0%;
  • Middle East: +4.0%;
  • North America: +2.7%;
  • Asia Pacific*: +2.4%;
  • Europe: +1.9%. [more]

*Excludes China and India

Bombardier: "Emerging market opportunities in China, India and other developing regions should provide a powerful impetus to the global industry's recovery ... China's fleet of 20 to 149-seat commercial aircraft will become the third largest, closely behind Europe and the US," Company statement, 21-Jul-2010.