Teal: Bizav Market To Return to Peak Levels in 2021
Forecast calls for 11,434 business aircraft worth $272.1 billion to be delivered over the next 10 years.
According to the latest Teal 10-year forecast, Gulfstream will lead the business jet market by value, with its soon-to-be-certified G500 helping to achieve this feat. Overall, Teal is forecasting production of 11,434 business aircraft worth $272.1 billion over the next 10 years. (Photo: Gulfstream Aerospace)
According to the latest Teal 10-year forecast, Gulfstream will lead the business jet market by value, with its soon-to-be-certified G500 helping to achieve this feat. Overall, Teal is forecasting production of 11,434 business aircraft worth $272.1 billion over the next 10 years. (Photo: Gulfstream Aerospace)

Aerospace and defense market intelligence and analysis firm Teal Group, in its latest industry forecast, is calling for business aircraft deliveries to return to 2008 peak levels in 2021. However, it predicts deliveries will be down 2.3 percent this year, followed by “modest” market growth through the end of this decade.