Released yesterday, the Outlook forecasts up to 7,700 new business jet deliveries worth $251 billion (Bt8.15 trillion) from 2019 to 2028, up 1 to 2 percentage points from the 2017 10-year forecast.
“A better used-aircraft market environment coupled with the entry into service of many new business jet platforms will lead to higher deliveries in 2019 after a virtually flat year in 2018,” said Bill Kircos, vice president, global marketing, Honeywell Aerospace.
“We are excited about the used market and about |new and innovative aircraft models that will not only drive solid growth in 2019 and 2020, but also have a significant impact on new business jet purchases in the midterm and long term.”