Honeywell Forecast Sees Market Optimism Despite Covid | Aviation International News

Honeywell Forecast Sees Market Optimism Despite Covid

Honeywell's 29th annual Global Business Aviation Outlook predicted business jet usage will be back to 80 to 85 percent of 2019 levels in 4Q2020.

By Curt Epstein • Business Aviation Services Editor

October 6, 2020

In the wake of a turbulent 2020, which has already left much of the aviation industry shaken, aircraft systems manufacturer Honeywell, in its 29th annual Global Business Aviation Outlook, noted some slight retrenching from last year’s forecast. Nonetheless, it ultimately concluded that the market remains optimistic and prepared to ride out any near-term Covid pandemic headwinds.

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