Page 18 - Bombardier Market Forecast
P. 18
current market drivers
Bombardier Business Aircraft | Market Forecast 2011-2030 18
of flight hours per year, without the obligation Business Jet Fractional Order and Delivery Units
to purchase shares in any aircraft. Units, Calendar years 2001-2010
500
There are four large operators in the fractional
ownership industry, among them NetJets
and Flexjet by Bombardier. The fractional
ownership industry went through a period of 300
fleet rationalisation during 2009, resulting in
a substantial reduction of its order backlog. Units
Since then, backlogs have resumed growing;
in particular, NetJets placed significant Delivery 100
volume orders for new business jets in
2010 and early 2011. and
Order -100
The growth in the number of branded charter
operators is a more recent trend. These
operators offer on-demand flight with
competitive trip-specific pricing. Branded -300
charter operators are characterized by
sophisticated operations infrastructure,
and greater use of airline-style scheduling -500
practices in order to minimize deadhead costs.
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
In 2008, branded charter operator orders Fractional Orders Fractional Deliveries
represented approximately 20% to 30% of
total business jet orders. In 2009, the after- Fractional operators includes: Flexjet, Netjets, CitationAir, Flight Options.
Sources: Deliveries from Ascend; Orders from competitive intelligence.
math of the economic downturn caused Excludes Very Light Jet and Large Corporate Airline categories.
branded charter operators to resort to order
deferrals and cancellations. Larger operators,
such as VistaJet and Comlux, have returned
to growth and have placed orders for addi- are returning to growth and are expected to
tional business jets in 2010 and early 2011. account for approximately 10% of business
Fractional and branded charter operators jet deliveries over the next 20 years.
Bombardier Business Aircraft | Market Forecast 2011-2030 18
of flight hours per year, without the obligation Business Jet Fractional Order and Delivery Units
to purchase shares in any aircraft. Units, Calendar years 2001-2010
500
There are four large operators in the fractional
ownership industry, among them NetJets
and Flexjet by Bombardier. The fractional
ownership industry went through a period of 300
fleet rationalisation during 2009, resulting in
a substantial reduction of its order backlog. Units
Since then, backlogs have resumed growing;
in particular, NetJets placed significant Delivery 100
volume orders for new business jets in
2010 and early 2011. and
Order -100
The growth in the number of branded charter
operators is a more recent trend. These
operators offer on-demand flight with
competitive trip-specific pricing. Branded -300
charter operators are characterized by
sophisticated operations infrastructure,
and greater use of airline-style scheduling -500
practices in order to minimize deadhead costs.
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
In 2008, branded charter operator orders Fractional Orders Fractional Deliveries
represented approximately 20% to 30% of
total business jet orders. In 2009, the after- Fractional operators includes: Flexjet, Netjets, CitationAir, Flight Options.
Sources: Deliveries from Ascend; Orders from competitive intelligence.
math of the economic downturn caused Excludes Very Light Jet and Large Corporate Airline categories.
branded charter operators to resort to order
deferrals and cancellations. Larger operators,
such as VistaJet and Comlux, have returned
to growth and have placed orders for addi- are returning to growth and are expected to
tional business jets in 2010 and early 2011. account for approximately 10% of business
Fractional and branded charter operators jet deliveries over the next 20 years.
