Aircraft
Business Jet Market Stable Heading into 2025
OEMs finish out year with strong order books
Rolland Vincent, JetNet
JetNet iQ founder Rolland Vincent forecast shipments of 775 business jets in 2024. © Curt Epstein/AIN

As the business aviation industry continues to recover from the post-Covid era, the major forecasts are seeing growth ahead for the industry. Yet some near-term hurdles forced a slight downgrade in the predicted yearly delivery totals from the OEMs.

“We have adjusted our JetNet iQ business jet delivery forecast downwards for the year 2024 to reflect slower-than-planned [Gulfstream] G700 shipments and the strike impacting Textron Aviation,” said Rolland Vincent, president of Rolland Vincent Associates and founder/director of JetNet iQ. “Together, we estimate that a total of 33 jets will now slip out of 2024 and into the next. Whereas we had been predicting an 11% year-over-year increase in jet shipments in 2024, we now estimate that jet shipments will be approximately 775 units.”

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