JetNet Forecast Sees Modest Growth | Aviation International News

JetNet Forecast Sees Modest Growth

While now dormant, the Asia-Pacific market is expected return to life and help fuel industry growth, according to the Utica, N.Y. data provider.

By Curt Epstein • Business Aviation Services Editor

October 10, 2017

According to the latest forecast from JetNet, 8,436 new business jets (including single-engine personal jets such as the recently-certified Cirrus Vision) worth $223 billion (2017 $) will be delivered worldwide bewteen this year and 2026. Subtracting the personal jet category leaves 7,489 jets worth $217 billion, which represents an increase of three percent in units and two percent in total value from the company’s previous forecast.

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