JetNet iQ: As U.S. Leads, Midsize Bizjet Market To Rise
Business aviation data firm is adjusting its 10-year outlook “reflect recent industry and market developments, especially in the large cabin market.”
As emerging countries' economies stumble and the U.S. once again dominates the business jet market, JetNet iQ expects increasing demand for midsize business jets such as this Embraer Legacy 500. The firm also predicts that demand for large-cabin jets, which have been the favorite size business jets for buyers in emerging markets, will wane somewhat over the next 10 years. (Photo: Embraer)
As emerging countries' economies stumble and the U.S. once again dominates the business jet market, JetNet iQ expects increasing demand for midsize business jets such as this Embraer Legacy 500. The firm also predicts that demand for large-cabin jets, which have been the favorite size business jets for buyers in emerging markets, will wane somewhat over the next 10 years. (Photo: Embraer)

JetNet iQ is still predicting that 744 new business jets will be delivered this year—up from its estimate of 710 last year—but the business aviation data firm is adjusting its 10-year outlook to “reflect recent industry and market developments, especially in the large cabin market.” Thus, it now expects lower delivery volumes and a higher share of aircraft to be delivered to the U.S. over the next decade.