
Bombardier Aerospace presented a current annual company-generated forecast for the business aircraft market.
According to Bombardier, every year during 2008 - 2017 business aircraft construction firms will deliver to the customers 1,320 planes in all categories - from light aircraft to corporate jets. It means a significant increase of the current industrial delivery rates, as the appropriate figure for the period from 1998 to 2007 was just over 620 aircraft per year.
It's expected that for the next 10 years the total of 13,200 aircraft with combined value of approximately $300 billion will be delivered to the customers.
The Bombardier forecast also states that the market will be affected by quite a number of positive factors. These include the significant average level of orders already received by the manufacturers and sufficient to keep the production facilities busy for the next 29 months; high demand for used aircraft; large number of new models expected to appear on the market within the next two years and a steady demand in the equity ownership segment.