Business Jet Delivery Forecast

Honeywell aerospace has lowered its annual 10 year business jet delivery forecast forecast to 8 600 aircraft worth an approximate 255 billion.

Business jet delivery forecast. Industry forecasts predict a total of between 7 722 and 8 349 new business jet deliveries in the next ten years. This is a slight decrease from the predicted sales in last year s jet forecast. Jetnet iq provides the most conservative estimate of 7 722 units while jetcraft predicts sales at the higher end.

The market for business jets is anticipated to reach a cagr of over 1 during the forecast period 2020 2025. Growth in tourism is generating demand for new business jets as charter service providers are introducing new routes and are expanding their presence globally. Compared to last year s projections the new figures expect a rise in the number of overall units sold but with a lower overall dollar value.

This amounts to a dollar value of between 221bn and 252bn. A year ago at nbaa s 2019 bace the company issued a 10 year forecast calling for deliveries of 7 050 business jets excluding personal jets and bizliners worth an approximate 241 billion. In a press conference on dec.

Jetnet downgrades bizjet delivery forecast business aviation news. 2 11 1 global light business jet delivery market volume forecast 2 11 2 global heavy business jet delivery market volume forecast 2 11 3 global medium business jet delivery market volume forecast.