Predictions: good times ahead for bizav
Three separate forecasts released last month indicate a steady increase in demand for and deliveries of business jets over the next two decades.

Three separate forecasts released last month indicate a steady increase in demand for and deliveries of business jets over the next two decades.

Bombardier Aerospace’s business jet market forecast, released May 7, predicts that 13,200 business jets, ranging from light twinjets to corporate airliners, worth $300 billion, will be delivered over the next 10 years. The Teal Group released on May 9 its 18th annual Business Jet Overview, which forecasts production of 14,289 business jets worth $218 billion during the same period, and on May 19 Rolls-Royce predicted demand for 39,000 new business jets, ranging from very light jets to bizliners, worth $715 billion over the next 20 years.