Bombardier Report: Leading The Way

economic market drivers

MSCI Index Evolution by Region 2002 = 100, Calendar years, 2002-2008

From 2002 to 2007, the MSCI World index doubled, mainly driven by the growing prices for oil, natural resources and commodities. In 2008, most of the gains of the past years were lost as the MSCI World index fell 42%. Some regions of the world experienced more acute variations; in China and India, the MSCI Index grew by a factor of 6 and 7 respectively between 2002 and 2007, before being impacted by the economic downturn. The China and India MSCI Index fell by 52% and 65% respectively from 2007 to 2008.

2002 (base)

2007

2008

(at peak)

North America

100

176

107

Europe

100

245

127

Latin America

100

668

315

Russia

100

567

147

India

100

699

244

China

100

605

291

Rest of Asia & Oceania

100

250

142

Middle East and Africa*

100

593

264

World

100

201

116

Source: MSCI World Index, MSCI-Barra.

*Data from Middle East excluded as it was not available before 2005.

Bombardier Business Aircraft Market Forecast 2009 - 2018

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