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Draw the market demand for jet aircraft

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Reference no: EM131426790

Historically, Bombardier specialized in producing regional jets, which are smaller short-range jets with up to 100 seats. In 2008, it secured a launch customer for the new Cseries, a family of 100-149 seats mid-range aircraft, which is scheduled to enter service in late 2015. The Cseries will reduce fuel consumption by 20% through use of advanced materials and a more fuel efficient engine, the Pratt & Whitney PW1000G.

  • Draw the market demand for jet aircraft. ( Hint: You are free to assume any data necessary to draw the demand)
  • Use your figure to explain how changes in the consumer demand for air travel affect the airline demand for jet aircraft
  • If travelers are less sensitive to fare increase, how would that affect the demand for fuel-efficient aircraft?
  •  How does the price of oil affect the demand for advanced materials?

Reference no: EM131426790

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