Business aircraft manufacturers here at EBACE this week will be hoping to disprove suggestions that demand for new airplanes in Europe from current (or prospective) operators will decline. While Bombardier Aerospace foresees the region remaining second only to North America in its long-term requirements, equipment supplier Honeywell has detected less short-term enthusiasm. Globally, both companies’ market forecasts predict delivery of almost 10,000 new business aircraft in the next 10 years.
Over the coming 20-year period, Bombardier predicts that “despite its continued economic challenges,” Europe is still the second-largest market for new business-jet deliveries behind North America. The Canadian manufacturer says European operators will receive 1,670 new aircraft during 2013-22 and an additional 2,230 units in the following 10 years, these aircraft comprising some 16.25 percent of the 24,000 units forecast in the market sectors served by Bombardier.
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