Aircraft
Teal Group Sees Double-digit Bizav Market Growth in 2025
While market grew last year and is expected again this year, business aircraft deliveries will flatten out long-term
Gulfstream G700 first deliveries
Gulfstream Aerospace on April 23 said it delivered the first two $75 million G700s to undisclosed customers in the U.S.

Following a 12% growth in business aircraft billings in 2024, the Teal Group is anticipating that the market will experience 10% growth this year. Releasing a 10-year forecast in its World Military and Civil Aircraft Briefing this week, Teal however predicted that the business aircraft market will flatten out—if not soften—over the next 10 years.

Teal is forecasting 10,693 business aircraft deliveries valued at $273.50 billion from 2025 through 2034. This forecast is slightly tempered (by a tenth of a percentage point) from last year’s 10-year outlook.

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