Analyst sees uptick in regional sales
Although deliveries of smaller regional jets have dropped dramatically in the past few years, Forecast International expects growing numbers of jets to be
Although deliveries of smaller regional jets have dropped dramatically in the past few years, Forecast International expects growing numbers of jets to be delivered from 2010 through 2019. In its recent study, “The Market for Regional Transport Aircraft,” Newtown, Conn.-based Forecast International projects production of 4,016 regional turboprops and jets valued at $123 billion during the coming decade. Jets should account for about 64 percent of that total, the firm said.
The 2008-2009 downturn was particularly hard for regional airlines, according to the study. “A recovery is now under way, but could easily stall should the general economy remain sluggish or drop back into recession.”
