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the forecast


Bombardier Business Aircraft | Market Forecast 2011-2030 34



Latin America
Business Jet Penetration Forecast - Latin America
Fleet per capita vs. GDP per capita, 1960-2030

1,000
2030
2010
Fleet per 100 Million Population (Log Scale) 100










10




Actual
Forecast
1960
1
100 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.




Latin America is a diverse region, and, for the The largest economy of Latin America, Pew Global Attitudes Survey, 62% of
purposes of the forecast, includes all countries Brazil, grew by 7.7% last year. The country’s Brazilians said their nation’s economy is in
between the Rio Grande and the Cape Horn. productivity is increasing rapidly after many good shape. Of the 21 other publics included
During 2010, most countries in the region years of economic and political stability. in the survey, only the Chinese are more
experienced strong to very strong growth. Brazilians are moving forward with confidence, upbeat about their country’s overall directions
Average economic growth for the region preparing for the 2014 World Cup and the and economic conditions.
during 2010 was 5.8%. 2016 Olympics. In the September 2010
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