HONEYWELL FORECAST SHOWS DEMAND FOR NEW BUSINESS JETS AT RECORD LEVELS, CONTINUED GROWTH EXPECTED FOR NEXT DECADE

HONEYWELL FORECAST SHOWS DEMAND FOR NEW BUSINESS JETS AT RECORD LEVELS, CONTINUED GROWTH EXPECTED FOR NEXT DECADE

34th annual Global Business Aviation Outlook projects 8,500 new business jet deliveries valued at $283 billion over the next decadePurchase plan growth fueled by fractional operators and new tax lawAircraft utilization continues to grow as vast majority of operators plan…

Honeywell Forecast Shows Demand for New Business Jets at Record Levels ...

Honeywell forecast sees record demand for new business jets through 2035

Honeywell’s latest Global Business Aviation Outlook projects record global demand for new business jets over the next decade, with total deliveries valued at $283 billion. The report comes as the industry continues a robust expansion that began after the 2008-2009 financial crisis and accelerated following the COVID-19 pandemic.  Released on October 13, 2025, at the NBAA-BACE convention in Las Vegas, the company’s 34th annual forecast predicts d…

Honeywell Forecasts Record Business Jet Demand Through 2035

Honeywell’s 34th annual Global Business Aviation Outlook projects record demand for new business jets over the next decade, forecasting 8,500 aircraft deliveries valued at $283 billion. According to the outlook, the figure represents the highest delivery value in the report’s history, with an expected average annual growth rate of 3%.  “The combination of recent economic growth, increasing demand for fractional ownership and a steady cadence of …

Honeywell forecasts record-setting new business jet deliveries for next decade

Honeywell has published its 34th annual Global Business Aviation Outlook, forecasting record-setting numbers of new business jet deliveries over the next decade. The report looks at current industry trends and longer-cycle developments based on forecasting models and surveys of hundreds of business aviation operators globally. The report predicts that 8,500 new business jets with a projected value of $283 billion will be delivered over the next …

Honeywell forecasts 8,500 business jet deliveries worth $283bn in ...

Honeywell expects strong growth trajectory as manufacturers accelerate production of ultra-long-range, large-cabin aircraft to meet surging demand from fractional operators and private buyers.