Page 49 - Bombardier Market Forecast
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conclusion


Bombardier Business Aircraft | Market Forecast 2011-2030 49



The business aircraft industry will likely face
new challenges going forward. As fuel prices
and environmental concerns rise, the green
wave is expected to modify customers’
actions and perceptions in the future. The
industry has anticipated this by announcing
its commitment on climate change to reduce
total CO2 emissions by 50% by 2050 relative
to 2005 levels. Bombardier continues to
be proactive in addressing environmental
concerns through corporate social responsibility
initiatives such as being the first aircraft
manufacturer to offer business aircraft
customers a fully managed carbon-offset
program. Also, OEMs will have to contribute
to develop worldwide infrastructure to
support the expected rapid growth of
business aviation in Growth Markets.


Despite short-term challenges that are
likely to occur along the way, the long-term
prospects for business aviation are solid, and
Bombardier expects the industry to reach
new heights over the next 20 years.


The long-term prospects for business


aviation are solid and Bombardier

expects the industry to achieve new

heights in the next 20 years.
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