What Happened
Robust Growth Predicted For Business Aviation Over Next Decade
Honeywell Aerospace’s 35th annual Global Business Aviation Outlook projects 9,950 new business jet deliveries over the next decade, with the global business aviation fleet expected to expand by 29% by 2035. The forecast reflects an industry evolving beyond traditional ownership models, with charter, managed fleets, and fractional operators driving growth. According to Honeywell, midsize jets are expected to pace fleet expansion, with a 40% growth rate over the forecast period. This was reported by Unknown Source.