Bombardier Forecasts Region's Bizjet Demand | Aviation International News

Bombardier Forecasts Region's Bizjet Demand

In its annual 10-year market forecast, Bombardier sees a demand for nearly 800 bizjets over the next decade in Latin America

By Curt Epstein • Business Aviation Services Editor

August 27, 2016

Bombardier sees a demand for nearly 800 new business aircraft in Latin America over the next decade. The company’s most recent market forecast, released earlier this year predicts business aviation deliveries of 790 aircraft in the region for the 10-year period covering 2016-2025. According to the Canadian airframer, Latin America, which will see an average economic growth of 2.3 percent a year, is the third largest market for business aviation and a relatively mature market for business jets, with Argentina, Brazil, Mexico and Venezuela accounting for more than 80 percent of the existing fleet of 2,015 aircraft.

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