Market forecast calls for delivery crest in 2010
Talk about a market in a climb.

Talk about a market in a climb. Honeywell Aerospace’s 21st annual business aviation market forecast predicts the industry can expect short-term record growth and deliveries of more than 14,000 new business jets between now and 2017. This year’s record sales figures are expected to be even stronger next year. 

On the order side of the ledger, business is brisk. For the year to date, new jet orders have risen 100 percent over last year’s first-half levels, and OEMs are facing record backlogs of more than two years’ worth of production in many cases (and beyond six years in some cases), despite predictions of 1,200 to 1,400 aircraft deliveries per year for the remainder of the decade.

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