Honeywell says Big Biz Jet Market $12 Billion a Year Through 2016
Speednews reports in the Oct 20, 2006 issue of STW that Honeywell issued their annual annual forecast for corporate aviation at NBAA. The report forecasts delivery of approximately 12,000 new business aircraft worth $195b in 2006-2016.
“Business Liners: The current Business Aviation Outlook does not explicitly include aircraft in the Business Liner class (typically well over 100,000 pounds takeoff weight and based on transport airframes). However, purchase expectations are recorded for these models in the survey. Deliveries of aircraft in this class are projected to total around 200 through 2016 and should average more than 20 aircraft per year in the latter part of the forecast period. Aircraft represented in this segment include the Boeing BBJ series, the Airbus Elite A318 and Airbus Corporate Jetliner as well as the Lineage 1000 from Embraer. This segment comprises an additional $11 to $12 billion of business aircraft sales. “



