Bombardier Flipping

the forecast

42

Bombardier Business Aircraft | Market Forecast 2011-2030

Asia Pacific

Business Jet Penetration Forecast - Asia Pacific Fleet per capita vs. GDP per capita, 1960-2030

10,000

Actual Japan

Actual Emerging Asia Actual Oceania

Forecast

2030

1,000

2010

OCEANIA

2030

100

2030

2010

JAPAN

2010

EMERGING ASIA

10

Fleet per 100 Million Population (Log Scale)

1960

1960

1960

1

100

1,000

10,000

100,000

GDP per Capita (USD, Log Scale)

Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets.

Clearly, the repercussions from Japan’s natural disasters are undermining Emerging Asia’s economic prospects this year. Several transmission mechanisms from Japan to the rest of Asia exist: trade and supply chain relationships, capital flows, and tourism.

Emerging Asian countries have been on a rapid industrialization path, during the last 10 years, growing at an average of 4.7% per year. Foreign direct investment in countries like Singapore, Malaysia, Thailand and Indonesia has been substantial and each of these countries benefited from growing trade with China.

The Asia Pacific region's share of the world’s economy is growing rapidly. This region is fortunate to include two of the eight countries identified by Goldman Sachs Asset Management as "Growth Markets": South Korea and Indonesia. The Asia Pacific region can be viewed as three distinct markets: Emerging Asia, Japan and Oceania.