Bizjet Market Mimicking 'Lost Decade,' Analyst Says
Business jet deliveries are anticipated to remain largely flat over the next several years, but still at rates that are double that two decades earlier.
Noting that supply has evened out with demand, business aviation market analyst Brian Foley predicts that the market for new aircraft is going to remain flat for the foreseeable future. In his recent forecast, Foley likened the current market to what he referred to as the “Lost Decade,” a period between 1986 and 1996 when business jet deliveries stagnated at about 350 units each year. “It’s going to potentially be an even a longer period than the Lost Decade,” Foley said. But the silver lining, he added, is that the deliveries will average between 650 and 750 units per year over the next few years, rising to 775 to 825 after that through 2025. This is double that of the so-called Lost Decade.
