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Honeywell Aerospace Raises Business Jet Forecast

October 20, 2026

2 min read

Key Takeaways

Honeywell Aerospace forecasts 9,950 new business jet deliveries by 2035.
Global business aviation flight hours expected to increase 34%.
Turboprop deliveries projected at 4,200 through 2035.
North America remains the largest market.

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Strategic Implications

This forecast may indicate sustained growth in business aviation despite economic uncertainty. The expected increase in flight hours suggests a shift towards more efficient use of aircraft, which could benefit manufacturers and operators alike. Honeywell Aerospace's raised forecast may also signal confidence in the sector's ability to adapt to geopolitical volatility.

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What Happened

Global Business Aviation Growth Expected Through 2035

Honeywell Aerospace has raised its forecast for global business aviation, predicting 9,950 new business jet deliveries between 2026 and 2035. This represents a 4.4% increase from its previous forecast, driven by higher aircraft utilization and fleet growth. The company expects global business aviation flight hours to increase by 34% over the same period, with North America remaining the largest market. According to The Straits Times, growing demand for charter and fractional ownership is driving this growth, despite economic uncertainty and geopolitical volatility.

Source | Originally Published: October 20, 2026

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