Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Some 13,030 business aircraft worth $325.6 billion (2014 dollars) will be delivered over the next 10 years, according to the Teal Group’s latest business aircraft forecast. This includes 9,361 traditional business jets worth $262.4 billion; 537 bizliners and regional jet conversions worth a combined $44.1 billion; and 3,132 business turboprops worth $19.1 billion.


Nearly two thirds of these aircraft by value are projected to be large-cabin and ultra-long-range jets, up from 50 percent before the 2009 market drop. Bombardier and Gulfstream will be the market leaders, with 32.4 percent and 31.5 percent, respectively, by value of deliveries, followed by Dassault (16.3 percent), Cessna (12.4 percent) and Embraer (6.4 percent).


“This change reflects our belief that the bottom half of the market will not recover faster than the top half, implying a permanent shift in favor of more expensive models,” the forecast notes. “This shift meant this industry faced an overcapacity problem in the bottom segment of the market. The five legacy players were joined by Embraer, with Honda arriving soon as a niche player. This dynamic forced Hawker out of the market.”


Teal’s forecast calls for “very little growth” this year, followed by a four-year recovery period starting next year with an average of 9-percent annual growth. At this projected growth rate, deliveries should reach the 2008 peak level in 2016, the firm said.

Teal: 13,030 Bizcraft Deliveries over Next 10 Years

Forecast includes 9,361 traditional business jets, 3,132 turboprops and 537 bizliners and regional jet conversions.

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