Page 43 - Bombardier Market Forecast
P. 43
the forecast
Bombardier Business Aircraft | Market Forecast 2011-2030 43
Asia Pacific (continued)
Japan’s situation appears fragile: after a Fleet Evolution Forecast - Asia Pacific
2010 rebound with 4.0% growth, prospects Fleet, Deliveries, Retirements; 2010-2030
for 2011 only amount to 1.2%, even though
reconstruction efforts will start to kick in
during the second half of this year. Many 120
economists expect Japan's long-term GDP
growth to be below 1% per year. 605
Led by the Australian economy, Oceania
grew by 2.5% during 2010. Australia is doted 60
of a large pool of natural resources and is 1,145
benefiting from its geographical proximity to 370
China and other Growth Markets. The country
has recently been dubbed "The next Golden 660
State" by The Economist. Over the next 20
years, Asia Pacific is predicted to grow 350
at 3.7% per year, according to IHS Global
Insight. Fleet 2010 Deliveries Retirements Fleet 2020 Deliveries Retirements Fleet 2030
Sources: Ascend, Bombardier forecast. Excludes Very Light Jet and Large Corporate Airline categories.
From a business aviation market stand point,
while Oceania is a typical maturing market,
the Japanese and Emerging Asia markets
remain relatively under developed.
business jet fleet of 350 aircraft is expected
As the forecast business jet penetration curve to grow at a CAGR of 6% over the next 20
shows, fleet per 100 million population is years, and to account for 1,145 aircraft in
expected to grow from 34 to 100 over the 2030. 975 deliveries are expected in the Asia
next 20 years. Despite hurdles such as the Pacific region throughout the next 20 years,
high handling costs across the region’s 370 aircraft between 2011 and 2020, and
airports, the Asia Pacific region's current 605 aircraft between 2021 and 2030.
Bombardier Business Aircraft | Market Forecast 2011-2030 43
Asia Pacific (continued)
Japan’s situation appears fragile: after a Fleet Evolution Forecast - Asia Pacific
2010 rebound with 4.0% growth, prospects Fleet, Deliveries, Retirements; 2010-2030
for 2011 only amount to 1.2%, even though
reconstruction efforts will start to kick in
during the second half of this year. Many 120
economists expect Japan's long-term GDP
growth to be below 1% per year. 605
Led by the Australian economy, Oceania
grew by 2.5% during 2010. Australia is doted 60
of a large pool of natural resources and is 1,145
benefiting from its geographical proximity to 370
China and other Growth Markets. The country
has recently been dubbed "The next Golden 660
State" by The Economist. Over the next 20
years, Asia Pacific is predicted to grow 350
at 3.7% per year, according to IHS Global
Insight. Fleet 2010 Deliveries Retirements Fleet 2020 Deliveries Retirements Fleet 2030
Sources: Ascend, Bombardier forecast. Excludes Very Light Jet and Large Corporate Airline categories.
From a business aviation market stand point,
while Oceania is a typical maturing market,
the Japanese and Emerging Asia markets
remain relatively under developed.
business jet fleet of 350 aircraft is expected
As the forecast business jet penetration curve to grow at a CAGR of 6% over the next 20
shows, fleet per 100 million population is years, and to account for 1,145 aircraft in
expected to grow from 34 to 100 over the 2030. 975 deliveries are expected in the Asia
next 20 years. Despite hurdles such as the Pacific region throughout the next 20 years,
high handling costs across the region’s 370 aircraft between 2011 and 2020, and
airports, the Asia Pacific region's current 605 aircraft between 2021 and 2030.
