Posted on February 15th, 2019
Market forecasts for new business aircraft deliveries from three of the world’s leading aerospace manufacturers show a difference of 1,398 aircraft between the lowest and the highest. Bombardier and Embraer do not include very light jets, but Honeywell, with the smallest forecast number, does include VLJs. Why a difference of more than 14%? Perhaps Bombardier’s…
Posted on February 13th, 2019
Aircraft manufacturers will deliver an estimated 9,400 business jets worth $253 billion over the next 10 years, according to a forecast released late last week by Montreal-based business aviation services firm Zenith Jet. The company projects that 757 business jets worth $21 billion will be shipped this year, with deliveries growing 17 percent annually over…
Posted on February 8th, 2019
While general air travel began to reveal indications of recovery in 2012, increased by solid development in rotorcraft and the agricultural turboprop airplane segment, the slow financial rehabilitation and financial unpredictabilities continued to afflict business jet and multi-engine piston deliveries. Nevertheless, “We see growth in company air travel demand over the long term driven by an…
Posted on July 25th, 2012
Zenith Jet has issued a mid-year update for its annual business aviation forecast. The Montreal-based business aviation services company forecasts delivery of 736 business jets this year, a number that, if accurate, would represent an increase over the 703 handed over last year and the first year-over-year improvement in deliveries since 2008. Zenith views this…