JetNet iQ Forecast Sees 13,000 New Aircraft by 2032
The latest JetNet iQ forecast sees deliveries of nearly 9,000 new jets and half as many turboprops over the next 10 years.

Approximately 13,000 turbine business aircraft are projected to be delivered over the next decade, according to the latest JetNet iQ industry forecast released on Tuesday morning at EBACE 2023. Presented by JetNet's Rolland Vincent and Paul Cardarelli, the outlook calls for shipments of 8,637 jets and 4,265 turboprops by the end of 2032. At that point, the global fleet should tally approximately 44,500 aircraft, based on an anticipated 7,000 aircraft retirements.

Vincent, JetNet iQ’s (Booth M71) creator and director, noted that while the macroeconomic outlook is dampening enthusiasm, “the business aviation industry has been absolutely firing on all cylinders. We have super demand for our products and services.” The five major business jet OEMs all have book-to-bills above 1:1, he noted. “What we don't have is super supply and we haven't had [that] for some time.”

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