Business aviation OEMs are expected to deliver 8,500 business jets over the next decade, according to Honeywell Aerospace’s 34th annual industry forecast released on the eve of NBAA-BACE 2025. While that volume remains unchanged for the past four years as OEMs wrestled with post-Covid supply-chain recovery, the report predicts an increase in value to $283 billion for those aircraft, the highest dollar amount in the history of the survey. Of that amount, two-thirds of the value is expected to be on the large-jet side according to Honeywell’s calculations.
“I would say starting in 2023 to 2024 and now this year, definitely we’re seeing improvements across all supply chains, ourselves definitely, and you see this in the actual output of OEMs too, where they’re increasing [deliveries],” said Kevin Schwab, strategic planning manager for Honeywell Aerospace. “If you look at OEM guidance, and how we’re doing so far this year in terms of deliveries, I think we’re actually kind of climbing out of this period and starting to deliver the amount of jets the industry needs.”
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