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Honeywell Forecasts Business Aviation Growth

Key Takeaways
  • Honeywell forecasts 14,000 new business aircraft deliveries from 2026-2035.
  • Global business aviation fleet to expand by 29% over the next decade.
  • Midsize and large business jets to account for nearly half of deliveries.
  • Used aircraft inventory reduced due to high demand.
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Strategic Implications

This forecast may indicate a surge in demand for business aviation, driven by corporations and private individuals. The growth in midsize and large business jets suggests a preference for aircraft with more passenger capacity and comfort, which could benefit manufacturers of these models. The reduced inventory of used aircraft may also drive up prices, making new aircraft more attractive to buyers.

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What Happened

Record Deliveries And Utilization Expected Over Next Decade

Honeywell Aerospace has released its 35th annual Global Business Aviation Outlook, projecting significant growth in the business aviation sector over the next decade. The forecast includes deliveries of 14,000 new business aircraft, with midsize and large business jets accounting for nearly half of these deliveries. The global business aviation fleet is expected to expand by 29% over the next decade, driven by increasing demand from corporations and private individuals. According to Honeywell, this growth is supported by a positive economic outlook and record order backlogs from aircraft manufacturers, as reported by SherpaReport.

Source | Originally Published: October 26, 2026

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Honeywell Forecasts Business Aviation Growth

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Honeywell forecasts 14,000 new business aircraft deliveries from 2026-2035.
  • Global business aviation fleet to expand by 29% over the next decade.
  • Midsize and large business jets to account for nearly half of deliveries.
  • Used aircraft inventory reduced due to high demand.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This forecast may indicate a surge in demand for business aviation, driven by corporations and private individuals. The growth in midsize and large business jets suggests a preference for aircraft with more passenger capacity and comfort, which could benefit manufacturers of these models. The reduced inventory of used aircraft may also drive up prices, making new aircraft more attractive to buyers.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Record Deliveries And Utilization Expected Over Next Decade

Honeywell Aerospace has released its 35th annual Global Business Aviation Outlook, projecting significant growth in the business aviation sector over the next decade. The forecast includes deliveries of 14,000 new business aircraft, with midsize and large business jets accounting for nearly half of these deliveries. The global business aviation fleet is expected to expand by 29% over the next decade, driven by increasing demand from corporations and private individuals. According to Honeywell, this growth is supported by a positive economic outlook and record order backlogs from aircraft manufacturers, as reported by SherpaReport.

Source | Originally Published: October 26, 2026

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