Forecast International: Turboprop Market To Slow
In a study titled “The Market for General Aviation/Utility Aircraft 2007-2016,” Forecast International said it anticipates a decline in corporate demand fo

In a study titled “The Market for General Aviation/Utility Aircraft 2007-2016,” Forecast International said it anticipates a decline in corporate demand for twin turboprops in favor of the fractional ownership of turbofan-powered aircraft. Further, it expects this trend to accelerate as more sub-$4 million very light jets are delivered.

While VLJs can offer some speed advantage and can climb above weather at prices that are competitive with those of twin turboprops, Forecast International does not expect to see demand for twin turboprops end altogether. “These aircraft offer far more spacious cabins than the typical VLJ, and not all operators will be willing to trade space for speed,” the company noted.