Aircraft
Honeywell Again Lowers Bizjet Delivery Expectations
For the fourth straight year, Honeywell has reduced the delivery totals on its 10-year business aviation outlook.

Honeywell Aerospace has lowered its 10-year business jet delivery forecast to 8,300 aircraft worth an approximate $249 billion in 2017 dollars over the span of the prediction. The avionics and engine maker’s 26th annual Global Business Aviation Outlook, released on the eve of NBAA 2017, is down approximately 3.5 percent compared with last year’s forecast in terms of total aircraft, and 2.3 percent in overall value. It continues a trend of four consecutive years of forecast downgrades.