Ten Year Business Aviation Forecasts

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…

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Zenith: 9,400 Business Jets Worth $253B To Be Shipped by 2022

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…

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The FAA Says It Sees Growth In Long-term Business Aviation Outlook

While general air travel began to reveal indications of recuperation in 2012, increased by strong 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…

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Zenith Jet Increases its Business Aviation Delivery Forecast

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…

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Bombardier: 24,000 Business Jets over Next 20 Years

A 20-year business aircraft market forecast released by Bombardier at EBACE yesterday predicts a return to sustained growth. According to the report, some 24,000 business jets, not including very light jets, worth approximately $626 billion will be delivered from 2011 to 2030. In the first half of the forecast period, 10,000 deliveries worth $260 billion…

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