What Happened
Expanding Fleets And Strong Utilization Drive Industry Momentum
Honeywell Aerospace has released its 35th annual Global Business Aviation Outlook, predicting continued growth in the business aviation sector over the next decade. The forecast expects 9,950 new business jet deliveries and a 29% expansion of the global fleet by 2035. Flight hours are projected to increase by 34% over the same period, driven by growing demand for business aviation services. According to Honeywell Aerospace’s research, operators are prioritizing performance, comfort, and economics when making aircraft purchase decisions. This forecast was reported by Honeywell Aerospace.