Page 12 - Bombardier Market Forecast
P. 12
current market drivers
Bombardier Business Aircraft | Market Forecast 2011-2030 12
Basically, in most advanced economies, fundamentals of the business jet industry MSCI World Index literally doubled, mainly
output is still far below potential, while in are expected to remain unchanged. driven by growing prices for oil, natural
emerging market economies the crisis resources, and commodities. Most of these
left no lasting wounds. Wealth Creation gains were lost in a single year, as, between
Worldwide demand for business jets is 2007 and 2008, the MSCI World Index fell
The significant economic downturn of 2008- highly correlated with wealth creation. The 42%. Business aircraft orders stalled at the
2009 resulted in a major short-term reduction Morgan Stanley Capital International (MSCI) same time the MSCI World Index plummeted.
in demand for business jets. As expected, Index is an aggregate stock market index,
this demand, as measured by orders, is based on representative securities listed in
increasing with the resumption of global major financial exchanges around the world.
economic growth. This trend is expected The MSCI World Index is a good estimate of
to translate into a sustained recovery in wealth creation. From 2002 to 2007, the
demand for business jets. The sound
MSCI Index Evolution By Region MSCI World Index
2002 = 100, Calendar years, 2002-2011 Calendar years, 2001-2010
2002 2007 April April
(base) (at peak) 2009 2011 2,000
North America 100 176 105 144
Europe 100 245 122 157
Latin America 100 668 384 628 1,500
Russia 100 567 188 311
India 100 699 287 523
Middle East 100 367 185 232 1,000
China 100 605 327 452
Asia Pacific 100 250 144 199
Africa 100 593 223 272 500
World 100 201 113 151
Sources: MSCI World Index from Morgan Stanley.
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sources: MSCI World Index from Morgan Stanley.
Bombardier Business Aircraft | Market Forecast 2011-2030 12
Basically, in most advanced economies, fundamentals of the business jet industry MSCI World Index literally doubled, mainly
output is still far below potential, while in are expected to remain unchanged. driven by growing prices for oil, natural
emerging market economies the crisis resources, and commodities. Most of these
left no lasting wounds. Wealth Creation gains were lost in a single year, as, between
Worldwide demand for business jets is 2007 and 2008, the MSCI World Index fell
The significant economic downturn of 2008- highly correlated with wealth creation. The 42%. Business aircraft orders stalled at the
2009 resulted in a major short-term reduction Morgan Stanley Capital International (MSCI) same time the MSCI World Index plummeted.
in demand for business jets. As expected, Index is an aggregate stock market index,
this demand, as measured by orders, is based on representative securities listed in
increasing with the resumption of global major financial exchanges around the world.
economic growth. This trend is expected The MSCI World Index is a good estimate of
to translate into a sustained recovery in wealth creation. From 2002 to 2007, the
demand for business jets. The sound
MSCI Index Evolution By Region MSCI World Index
2002 = 100, Calendar years, 2002-2011 Calendar years, 2001-2010
2002 2007 April April
(base) (at peak) 2009 2011 2,000
North America 100 176 105 144
Europe 100 245 122 157
Latin America 100 668 384 628 1,500
Russia 100 567 188 311
India 100 699 287 523
Middle East 100 367 185 232 1,000
China 100 605 327 452
Asia Pacific 100 250 144 199
Africa 100 593 223 272 500
World 100 201 113 151
Sources: MSCI World Index from Morgan Stanley.
0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sources: MSCI World Index from Morgan Stanley.
