Aircraft
Honeywell Forecast Sees Continued Bizjet Industry Growth
The aerospace OEM released its annual report ahead of NBAA-BACE
Honeywell 10 year forecast graph
© Honeywell Aerospace

Honeywell Aerospace’s latest forecast calls for the delivery of 8,500 new business jets worth $280 billion over the next decade. The Arizona-based engine and avionics maker released the results from its 33rd annual Global Business Aviation Outlook on Sunday night on the eve of NBAA’s Business Aviation Convention and Exhibition in Las Vegas.

The number of jet deliveries it expects in the 2032/2033 timeframe remains unchanged from last year’s prognostication, reaching the 900-per-year unit plateau for the first time since 2008. However, the value has increased slightly.

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