Page 28 - Bombardier Market Forecast
P. 28
the forecast
Bombardier Business Aircraft | Market Forecast 2011-2030 28
Europe
Business Jet Penetration Forecast - Europe
Fleet per capita vs. GDP per capita, 1960-2030
10,000 2030
Fleet per 100 Million Population (Log Scale) 100 WESTERN 2010 2010
1,000
EUROPE
A two-speed Europe is becoming more 10 EASTERN EUROPE
and more an economic reality. As the “core” Actual Western Europe
of the Euro area – Germany, France and UK Actual Eastern Europe
– is turning the corner, the “peripherals” – 1960 Forecast
Greece, Ireland, Spain and Portugal – are 1
still suffering from the sovereign-debt crisis. 1,000 10,000 100,000
GDP per Capita (USD, Log Scale)
Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
The German economy, the most prominent
in Europe, is recovering quite well from the
2008-2009 downturn. The ramifications of
the Eurozone sovereign debt crisis have so
far had little impact on this country. The According to the economic research firm Britain’s economy saw most of its sectors
massive and sustained growth acceleration Xerfi, the outlook for France is quite contrasted: off to a strong start in Q1-2011, in particular
since Q2-2010 has made Germany the star bearing a record trade deficit in Q1-2011, with regards to output in the services and
performer in Western Europe. Germany’s France saw its industrial output falling back to manufacturing sectors. Britain's short to
economy is expected to remain exceptionally levels experienced 10 years ago. Its industry midterm growth is expected to remain mild,
robust in 2011 compared to the economies network is slowly deteriorating, while con- as the country faced important governmental
of France and the UK. sumption is hampered by a rising inflation. budget tightening.
Bombardier Business Aircraft | Market Forecast 2011-2030 28
Europe
Business Jet Penetration Forecast - Europe
Fleet per capita vs. GDP per capita, 1960-2030
10,000 2030
Fleet per 100 Million Population (Log Scale) 100 WESTERN 2010 2010
1,000
EUROPE
A two-speed Europe is becoming more 10 EASTERN EUROPE
and more an economic reality. As the “core” Actual Western Europe
of the Euro area – Germany, France and UK Actual Eastern Europe
– is turning the corner, the “peripherals” – 1960 Forecast
Greece, Ireland, Spain and Portugal – are 1
still suffering from the sovereign-debt crisis. 1,000 10,000 100,000
GDP per Capita (USD, Log Scale)
Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
The German economy, the most prominent
in Europe, is recovering quite well from the
2008-2009 downturn. The ramifications of
the Eurozone sovereign debt crisis have so
far had little impact on this country. The According to the economic research firm Britain’s economy saw most of its sectors
massive and sustained growth acceleration Xerfi, the outlook for France is quite contrasted: off to a strong start in Q1-2011, in particular
since Q2-2010 has made Germany the star bearing a record trade deficit in Q1-2011, with regards to output in the services and
performer in Western Europe. Germany’s France saw its industrial output falling back to manufacturing sectors. Britain's short to
economy is expected to remain exceptionally levels experienced 10 years ago. Its industry midterm growth is expected to remain mild,
robust in 2011 compared to the economies network is slowly deteriorating, while con- as the country faced important governmental
of France and the UK. sumption is hampered by a rising inflation. budget tightening.
