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Bombardier Aerospace Releases Annual Aircraft Market Forecasts
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FARNBOROUGH, UNITED KINGDOM--(Marketwire - July 21, 2010) -

--  Business Aircraft Market Forecast presents its first 20-year outlook for
   the industry
--  20-year Business Aircraft Market Forecast predicts 26,000 deliveries
   from 2010 to 2029, representing market-wide revenues of $661 billion
--  20-year Commercial Aircraft Market Forecast from 2010 to 2029 calls for
   12,800 deliveries in 20- to 149-seat market, worth $612 billion

Today, Bombardier Aerospace released its annual aircraft market forecasts for
the business and commercial aircraft markets.

While both the business aircraft and commercial aircraft markets were affected
by the recession, business indicators show improvement and there are positive
signs for the global industry in 2010. The Company believes that the market
fundamentals are strong in the long term and that there is reason to be
cautiously optimistic that demand for new commercial aircraft and business jets
will return. It is expected that emerging market opportunities in China, India
and other developing regions should provide a powerful impetus to the global
industry's recovery. As a leader in commercial and business aviation, Bombardier
is confident about the industry's future and continues to invest in new
programs, such as the Global Vision flight deck and the Learjet 85, CRJ1000
NextGen and CSeries aircraft.

Business Aircraft Market Forecast

In this year's forecast, Bombardier Aerospace is presenting for the first time a
20-year outlook for the business aircraft industry. The forecast's new time
horizon reflects Bombardier's long-term vision of the business jet market and
better matches the lifecycle of aircraft programs.

In the 20-year period from 2010 to 2029, the Bombardier Business Aircraft Market
Forecast predicts there will be a return to growth with business jet
manufacturers delivering a total of 26,000 business jets in all segments in
which Bombardier competes (from Light to Large categories)(i).

The forecasted 26,000 deliveries over the 20-year period represent total
revenues of approximately $661 billion for the industry, of which 10,500
deliveries worth $254 billion are anticipated in the period from 2010 to 2019,
and 15,500 deliveries worth $407 billion in the period from 2020 to 2029.

Despite a continued backdrop of global economic challenges, Bombardier believes
the long-term market drivers of growth for the business jet industry remain
solid. Toward the second half of calendar year 2009, these indicators began
showing signs that this market segment was stabilizing. The market drivers
include wealth creation, above average economic growth in emerging markets,
increased globalization of trade, significant replacement demand potential, new
aircraft programs and demand from non-traditional offerings. However, while
there are signs of stabilization in the business aircraft industry, historically
a lag exists between economic recovery and its positive impact on revenues.

With the fundamentals of the business jet industry expected to remain positive
in the long term, Bombardier will maintain its focus on strengthening its market
leadership position by continuing to invest in its in-development Learjet 85
aircraft and Global Vision flight deck programs. With a strong product line and
dedication to customer support and product development, Bombardier plans to
benefit from the expected long-term market growth and to lead the way in the
business jet market.

Commercial Aircraft Market Forecast

According to the Bombardier Commercial Aircraft Market Forecast, demand for 20-
to 149-seat commercial aircraft is expected to reach 12,800 new aircraft in the
20-year period from 2010 to 2029. This is an increase of 400 units compared to
last year's forecast. The forecasted delivery demand is valued at approximately
$612 billion(ii).

Demand for new commercial aircraft is directly related to the strength of the
global economy, and in this 20-year forecast, the Gross Domestic Product (GDP)
growth rate forecast has increased to 3.2 per cent from 2.98 per cent last year.

This year's forecast continues to reflect the shift in demand to larger-capacity
commercial aircraft:

--  In the 20- to 59-seat aircraft segment, Bombardier Commercial Aircraft
   forecasts delivery demand of 200 new aircraft;
--  In the 60- to 99-seat aircraft segment, Bombardier Commercial Aircraft
   forecasts delivery demand of 5,900 new aircraft;
--  In the 100- to 149-seat segment, Bombardier Commercial Aircraft
   forecasts delivery demand of 6,700 new aircraft.

With above average economic growth forecasts, developing markets will present
sizeable opportunities for new aircraft sales. As such, over the next 20 years,
commercial aircraft demand from markets outside of North America and Europe is
expected to increase considerably. Illustratively, it is estimated that China's
fleet of 20- to 149-seat commercial aircraft will become the third largest,
closely behind Europe and the U.S.

Aviation is working together to create an environmentally sustainable industry

Within the aviation industry, concern about the impact our products have on the
environment is influencing decisions being made at all levels. Building on its
strong track record of technological progress and innovation, the aerospace
industry has formally committed to a future of carbon-neutral growth by 2020 and
increased environmental sustainability.

In the drive to achieve a sustainable future, Bombardier is proactive in
addressing environmental concerns. As a leading aircraft manufacturer,
Bombardier remains focused on developing and employing technologies that
contribute to the industry-wide efforts regarding emissions reduction.
Additionally, in its commitment to be a socially responsible corporate citizen,
Bombardier is determined to address environmental challenges at all stages of
the product lifecycle, from design to end of life. In that regard, Bombardier is
the first OEM to earn accreditation from the Aircraft Fleet Recycling
Association (AFRA). AFRA is recognized worldwide for its leadership in promoting
best practices for salvaging and recycling components from aging aircraft during
disassembly.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from
commercial aircraft and business jets to rail transportation equipment, systems
and services, Bombardier Inc. is a global corporation headquartered in Canada.
Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion, and
its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed
as an index component to the Dow Jones Sustainability World and North America
indexes. News and information are available at www.bombardier.com.

Notes to Editors

Bombardier's market forecast presentation will be available in the Investor
Relations section of our Web site at: www.bombardier.com.

Please visit Bombardier Aerospace's Web site dedicated to our upcoming events at
the Farnborough International Airshow: www.farnborough.aero.bombardier.com.

(i) Excluding Very Light jets

(ii) Values are based on current aircraft list prices in US dollars

Bombardier, CRJ1000, CSeries, Global Vision, Learjet 85 and NextGen are either
registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements. Forward-looking
statements generally can be identified by the use of forward-looking terminology
such as "may", "will", "expect", "intend", "anticipate", "plan", "foresee",
"believe" or "continue" or the negatives of these terms or variations of them or
similar terminology. By their nature, forward-looking statements require
Bombardier Inc. (the "Corporation") to make assumptions and are subject to
important known and unknown risks and uncertainties, which may cause the
Corporation's actual results in future periods to differ materially from
forecasted results. While the Corporation considers its assumptions to be
reasonable and appropriate based on current information available, there is a
risk that they may not be accurate. For additional information with respect to
the assumptions underlying the forward-looking statements made in this press
release, please refer to the respective Management's Discussion and Analysis
("MD&A") sections of the Corporation's aerospace segment and the Corporation's
transportation segment in the Corporation's annual report for fiscal year 2010.

Certain factors that could cause actual results to differ materially from those
anticipated in the forward-looking statements include risks associated with
general economic conditions, risks associated with our business environment
(such as risks associated with the airline industry's financial condition),
operational risks (such as risks involved in developing new products and
services, risks in doing business with partners, risks relating to product
performance warranty and casualty claim losses, to regulatory and legal
proceedings, to environmental and health and safety, to our dependence on
certain customers and suppliers, to human resources, to fixed-price commitments
and to production and project execution), financing risks (such as risks
relating to liquidity and access to capital markets, to the terms of certain
restrictive debt covenants, to financing support provided on behalf of certain
customers and to reliance on government support) and market risks (such as risks
relating to foreign currency fluctuations, to changing interest rates and
commodity prices risks). For more details, see the Risks and uncertainties
section in Other in the MD&A of the Corporation's annual report for fiscal year
2010. Readers are cautioned that the foregoing list of factors that may affect
future growth, results and performance is not exhaustive and undue reliance
should not be placed on forward-looking statements. The forward-looking
statements set forth herein reflect the Corporation's expectations as at the
date of this press release and are subject to change after such date. Unless
otherwise required by applicable securities laws, the Corporation expressly
disclaims any intention, and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.



Contacts:
Bombardier Aerospace
Marc Duchesne
1-514-855-7989
www.bombardier.com



[HUG#1433197]








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Source: Bombardier Aerospace via Thomson Reuters ONE
  


                            

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