Honeywell sees upturn start in ’12 | Aviation International News

Honeywell sees upturn start in ’12

As the industry sees glimmers of hope that the downturn is finally ending, engine and avionics manufacturer Honeywell anticipates at least one more down y

By Curt Epstein • Business Aviation Services Editor

October 27, 2010

As the industry sees glimmers of hope that the downturn is finally ending, engine and avionics manufacturer Honeywell anticipates at least one more down year in 2011 before the start of a rebound cycle.

The company’s 19th annual business aviation forecast released at the NBAA Convention late last month–predicts deliveries of between 675 and 700 new business jets for this year (the lowest total since 2004), followed by another year of fewer than 700 deliveries in 2011.

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