This forecast may indicate a strong future for private aviation, driven by economic growth and technological advancements. The inclusion of turboprops suggests a broader market expansion, which could benefit Honeywell and other industry players.
Honeywell Forecasts Growth In Business Jets And Turboprops
Honeywell has revised its business aviation forecast, predicting growth in private aviation due to strong economics and a tech boom. The company has increased its 10-year business-jet deliveries forecast by 4.4% from last year’s outlook, and this year’s forecast also includes turboprops. This growth is happening ‘right now’, according to Honeywell. The forecast was reported by FlightGlobal.
This forecast may indicate a strong future for private aviation, driven by economic growth and technological advancements. The inclusion of turboprops suggests a broader market expansion, which could benefit Honeywell and other industry players.
Honeywell Forecasts Growth In Business Jets And Turboprops
Honeywell has revised its business aviation forecast, predicting growth in private aviation due to strong economics and a tech boom. The company has increased its 10-year business-jet deliveries forecast by 4.4% from last year’s outlook, and this year’s forecast also includes turboprops. This growth is happening ‘right now’, according to Honeywell. The forecast was reported by FlightGlobal.