Honeywell Outlook Upbeat on China Prospects | Aviation International News

Honeywell Outlook Upbeat on China Prospects

Honeywell’s business jet and helicopter market surveys show a slow market that should rebound in the next few years.

Charles Park, Honeywell’s director of market analysis says Asia will account for more of the market than it previously forecast.

By AIN Staff • AIN Staff

April 12, 2017

During the next 10 years, Honeywell Aerospace (Booth P336) is forecasting delivery of 9,300 business jets, ranging from very light jets to bizliners, worth $275 billion, according to its updated business jet and helicopter market surveys that it released on Tuesday, at ABACE. Notably, the survey noted that business jet fleet growth was highest in Asia Pacific over the past five years, a trend that is expected to continue going forward.

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