Bombardier Upbeat in Bizjet Forecast

 - June 29, 2009, 8:38 AM

In its latest forecast, Bombardier expects total deliveries of 11,500 business jets worth $256 billion between this year and 2018. The fleet will grow from 13,500 to 23,800 aircraft, predicts vice president of marketing for business aircraft Philippe Crevier, who points out that the industry is buffered in the current economic downturn by a $70 billion  backlog. By aircraft segment, Bombardier predicts around 4,000 light/super-light business jets worth $38 billion will be delivered in the next 10 years; midsize, 2,000 aircraft worth $31 billion; super-midsize, about 1,500 aircraft worth $32 billion; large, some 1,200 airplanes worth $35 billion; super-large, about 1,100 aircraft worth $41 billion; and ultra-long-range, about 1,700 aircraft worth $79 billion.