Honeywell: new bizav growth in Old World regions
One trend identified in Honeywell’s latest Business Aviation Outlook is the increasing importance of international sales.

One trend identified in Honeywell’s latest Business Aviation Outlook is the increasing importance of international sales. The 2009 operator survey indicates that over the next five years up to 34 percent of all new jet purchases in the world could come from Europe, the Middle East and Africa. These findings reflect a significant increase over prior survey results.

In Europe, 59 percent of respondents indicated plans to buy new jets within the next five years, an increase of more than 19 points compared with surveys conducted before the economic downturn. It is a new record high despite the sluggish economic conditions that prevailed at the time of the survey.