What Happened
New Aircraft Designs And Technologies To Revitalize Sector
The business jet market is expected to see a refresh into the 2030s, driven by new aircraft designs and technologies. With over 45 types and submodels available, the market is crowded, but manufacturers such as Gulfstream Aerospace, Embraer, and Bombardier are planning new developments. French startup Beyond Aero is also working on a hydrogen-electric business aircraft, which could be a game-changer for the industry. According to Aviation Week, the market is poised for significant changes in the coming years.