Bombardier releases 20 year commerical aircraft forecast

Bombardier_logoBombardier Aerospace released its 20 year market forecast for commercial aircraft deliveries today. In this report, Bombardier reduced its forecast by 300 aircraft deliveries in the 20 to 149 seat aircraft sector. Bombardier rationalized this decision as it sees the global financial outlook worsening in general during this time period.

The forecast also foresees a 400 aircraft increase in deliveries for turboprop aircraft under 100 seats, which reflects an anticipated increase in the average cost of oil.

Overall, the forecast indicates it can be anticipated that the market will see overall deliveries of 12,800 turboprop and jet aircraft worth a combined $630 billion in the market sector of aircraft with less than 150 seats from 2012 to 2031.

Compared to Bombardier’s 2011 forecast, the forecast for deliveries of aircraft between 60 and 99 seats dropped the most. It is anticipated that 5,600 aircraft will be delivered which is 200 aircraft less than last year’s forecast.

In the 100 to 149 seat range, the study predicts there will be 100 fewer aircraft deliveries compared with the 2011 forecast. The current forecast lists 6,900 aircraft deliveries in this sector of the market that includes the Bombardier CSeries family.

Finally, Bombardier forecasts no change for the 20 to 59-seat aircraft sector with 300 aircraft deliveries through 2031.

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