Aircraft
JetNet: Big Backlogs Providing Bullish Outlook
Backlogs are holding above $50 billion, while deliveries will be up 13% this year
Rollie Vincent, creator and director of JetNet iQ
Rollie Vincent, creator and director of JetNet iQ, shared the latest numbers for bizjet production, deliveries, preowned aircraft inventory, and backlogs during a briefing on Monday. © David McIntosh/AIN

Business jet backlogs have reached at least a 16-year high, with the top five producers combining for more than $51 billion in the first quarter, according to the latest data from industry analyst JetNet. During its State of the Market Briefing on Monday at EBACE in Geneva, Rollie Vincent, president of Rolland Vincent Associates and JetNet iQ creator/director, noted that business jet deliveries are expected to scale up by 13% this year to 820 units, up from 729 in 2023. That is expected to grow in 2025 but at a slower rate, ticking up by 3% to 845.

Year-to-date, 186 jets have been handed over, led by the Cirrus Vision SF50 G2+ at 23, followed by the Phenom 300E at 18, Bombardier Challenger and Citation Latitude at 15 apiece, and Pilatus PC-24 at 13. Textron Aviation has topped the delivery board with 52 jets handed over, followed by Gulfstream, 34; Bombardier, 32; Embraer and Cirrus, 23 each; and Dassault, seven.

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