Page 37 - Bombardier Market Forecast
P. 37
the forecast
Bombardier Business Aircraft | Market Forecast 2011-2030 37
Russia & CIS (continued)
IHS Global Insight estimated Russia’s growth Fleet Evolution Forecast - Russia & CIS
to be 4.6% for 2011, slightly up from 4.5% in Fleet, Deliveries, Retirements; 2010-2030
2010. Economic growth should remain
steady for the region over the 2011-2030 90
period, with a yearly average growth of 3.4%.
The development of the Russian economy 1,010
has had a positive effect on the demand for
business jets in the region. Fleets of Russian-
owned aircraft grew significantly from 100
aircraft in 2004 to an estimated 380 jets in 60 1,765
2010. Due to taxation issues, most Russian
business jet owners register their business 525
jets outside of Russia. 845
Russia is the largest country in the world. 380
Russian customers have to fly longer
distances, and have a strong cultural accept- Fleet 2010 Deliveries Retirements Fleet 2020 Deliveries Retirements Fleet 2030
ance of business jets. Currently, the major Sources: Ascend, Bombardier forecast. Excludes Very Light Jet and Large Corporate Airline categories.
features of the Russian business aviation
market are the dominance of foreign opera-
tors, the intense concentration in the Moscow
region and the lack of clear legislation in the
field. Infrastructure, an issue for many years, this move is expected to boost the country's business jet deliveries, 525 aircraft between
is now improving, and air traffic control is fledgling business aviation sector and to 2011 and 2020, and 1,010 aircraft between
becoming more accustomed to working with encourage more people to own private jets. 2021 and 2030. The 2010 fleet of 380 busi-
business aviation. In November 2010, Russia ness jets will grow to 1,765 aircraft by 2030
adopted new airspace classifications which As the forecast business jet penetration representing a CAGR of approximately 8%.
should allow general aviation to be exempt curve shows, fleet per 100 million population
from many of the bureaucratic procedures is expected to grow from 146 to 700 over
that pilots had to contend with. According to the next 20 years. Between 2011 and 2030,
Rosaviatsia, the Federal Air Transport Agency, Russia & CIS is forecast to receive 1,535
Bombardier Business Aircraft | Market Forecast 2011-2030 37
Russia & CIS (continued)
IHS Global Insight estimated Russia’s growth Fleet Evolution Forecast - Russia & CIS
to be 4.6% for 2011, slightly up from 4.5% in Fleet, Deliveries, Retirements; 2010-2030
2010. Economic growth should remain
steady for the region over the 2011-2030 90
period, with a yearly average growth of 3.4%.
The development of the Russian economy 1,010
has had a positive effect on the demand for
business jets in the region. Fleets of Russian-
owned aircraft grew significantly from 100
aircraft in 2004 to an estimated 380 jets in 60 1,765
2010. Due to taxation issues, most Russian
business jet owners register their business 525
jets outside of Russia. 845
Russia is the largest country in the world. 380
Russian customers have to fly longer
distances, and have a strong cultural accept- Fleet 2010 Deliveries Retirements Fleet 2020 Deliveries Retirements Fleet 2030
ance of business jets. Currently, the major Sources: Ascend, Bombardier forecast. Excludes Very Light Jet and Large Corporate Airline categories.
features of the Russian business aviation
market are the dominance of foreign opera-
tors, the intense concentration in the Moscow
region and the lack of clear legislation in the
field. Infrastructure, an issue for many years, this move is expected to boost the country's business jet deliveries, 525 aircraft between
is now improving, and air traffic control is fledgling business aviation sector and to 2011 and 2020, and 1,010 aircraft between
becoming more accustomed to working with encourage more people to own private jets. 2021 and 2030. The 2010 fleet of 380 busi-
business aviation. In November 2010, Russia ness jets will grow to 1,765 aircraft by 2030
adopted new airspace classifications which As the forecast business jet penetration representing a CAGR of approximately 8%.
should allow general aviation to be exempt curve shows, fleet per 100 million population
from many of the bureaucratic procedures is expected to grow from 146 to 700 over
that pilots had to contend with. According to the next 20 years. Between 2011 and 2030,
Rosaviatsia, the Federal Air Transport Agency, Russia & CIS is forecast to receive 1,535
