Much of the media focus last month at NBAA-BACE 2019 in Las Vegas was on the new top-of-the-line Gulfstream G700 and Bombardier Global 7500 ultra-long-range business jets, which have emerged as the new pinnacles of engineering design and new product development investment. Offering the ability to connect vast distances at high speeds with unsurpassed connectivity—all while providing supreme privacy and the next generation of in-flight comforts—these latest business jet offerings have already tempted a host of buyers with pen-in-hand to the negotiating table.
At JetNet iQ, we anticipate that more than half of the revenues generated by new business jet sales from 2019 to 2028 will come from large, long-range models and a new class of supersonic business jets. From a competitive perspective, this upper end of the market looks like a good place to be today and for the foreseeable future.
