Bombardier Claims It Has One-third of China Bizav Market

 - March 26, 2012, 6:10 AM

Bombardier Business Aircraft currently commands one-third of the business jet market in China, company vice president of sales for Russia, CIS, Asia Pacific, China and Australia Christophe Degoumois said today at Abace. The Canadian aircraft manufacturer expects the number of aircraft in China to increase dramatically over the next 20 years. By 2030 it foresees that Chinese customers will have received more than 2,300 new business jets. Degoumois noted that the Asian market “is a new-aircraft driven market, unlike Latin America, which is an important pre-owned market.”