Worldwide, demand for business jets is surging, especially in Europe.
In addition, China, Russia and India are emerging markets and will eventually be major contributors to overall demand, said Bombardier officials.
While U.S. demand is strong, "we are seeing faster growth in the international markets," said Roger Whyte, Cessna senior vice president for sales and marketing.
In India, airlines are expanding but the country isn't training pilots quickly enough, he said, a fact the government there is finally realizing.
"We're expecting to see expansion in the training markets there," Whyte said. And Indian companies are becoming more accustomed to the idea of having a business jet.
There are 54 business jets based in India, according to AvData. The long-term potential is about 200, according to Bombardier Aerospace officials.
26/11/06 Molly McMillin/The Wichita Eagle, US
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Sunday, November 26, 2006
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Business jet makers see enormous potential overseas
Sunday, November 26, 2006
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