Page 40 - Bombardier Market Forecast
P. 40
the forecast
Bombardier Business Aircraft | Market Forecast 2011-2030 40
Africa
Business Jet Penetration Forecast - Africa
Fleet per capita vs. GDP per capita, 1960-2030
100
2030
2010
Fleet per 100 Million Population (Log Scale) 10
Africa – given the range of its geographic Actual
Forecast
and economic conditions – is recovering at 1960
a different pace. While the global economy 1 100 1,000 10,000
shrank in 2008-2009, the Sub-saharan GDP per Capita (USD, Log Scale)
Africa’s economy managed to grow another Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
2% in 2009 and its growth rate in 2010 was
close to 5%. Recovery in Nigeria, Africa's South Africa went into recession following a activity in North Africa and will continue to
largest oil exporting economy, continues to sharp slowdown in the mining and manufac- weigh on the economies in these countries
be on track, and will show further positive turing sectors. The construction industry, on over the next several months. Tourism and
signs as both oil production and prices keep the other hand, has benefited from a huge investment have been hit hard and are
on improving. The continued robust growth in program of government investment to pre- expected to continue to slump in the near
the non-oil sector will be a major contributing pare for the 2010 World Cup. term given the new political uncertainties
factor. Chinese investment and trade has facing the region, while normal business
increased dramatically in recent years in The ongoing turmoil in Egypt, Tunisia, and activities have also been impaired by the crisis.
Angola and Nigeria. Libya has substantially disrupted economic
Bombardier Business Aircraft | Market Forecast 2011-2030 40
Africa
Business Jet Penetration Forecast - Africa
Fleet per capita vs. GDP per capita, 1960-2030
100
2030
2010
Fleet per 100 Million Population (Log Scale) 10
Africa – given the range of its geographic Actual
Forecast
and economic conditions – is recovering at 1960
a different pace. While the global economy 1 100 1,000 10,000
shrank in 2008-2009, the Sub-saharan GDP per Capita (USD, Log Scale)
Africa’s economy managed to grow another Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.
2% in 2009 and its growth rate in 2010 was
close to 5%. Recovery in Nigeria, Africa's South Africa went into recession following a activity in North Africa and will continue to
largest oil exporting economy, continues to sharp slowdown in the mining and manufac- weigh on the economies in these countries
be on track, and will show further positive turing sectors. The construction industry, on over the next several months. Tourism and
signs as both oil production and prices keep the other hand, has benefited from a huge investment have been hit hard and are
on improving. The continued robust growth in program of government investment to pre- expected to continue to slump in the near
the non-oil sector will be a major contributing pare for the 2010 World Cup. term given the new political uncertainties
factor. Chinese investment and trade has facing the region, while normal business
increased dramatically in recent years in The ongoing turmoil in Egypt, Tunisia, and activities have also been impaired by the crisis.
Angola and Nigeria. Libya has substantially disrupted economic
