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Honeywell Business Jet Aviation Forecast Projects 7,700 New Aircraft Deliveries Valued at $251 Billion
The business jet industry expects to experience strong growth in the short to medium term, supported by several new airplane models coming to market and an improved used-aircraft environment, according to Honeywell’s (NYSE: HON) 27th annual Global Business Aviation Outlook. The latest release forecasts up to 7,700 new business-jet deliveries worth $251 billion from 2019 to 2028, up 1 to 2 percentage points from the 2017 10-year forecast.