Bombardier Forecasts 24,000 Bizjet Deliveries by 2031

Bombardier Aerospace “is confident in the strong, long-term potential of the business aircraft industry” and, in its latest 20-year forecast for the business aircraft market, released today, it predicts deliveries of 24,000 business jets (excluding very light jets and bizliners) worth $648 billion from 2012 to 2031. Broken down in 10-year increments, the forecast anticipates 9,800 business jet deliveries worth $266 billion from 2012 to 2021 and 14,200 deliveries worth $382 billion from 2022 to 2031.