Industry Research

Dark Mood Surrounds Corporate Jet Market

Posted on October 18, 2011

LAS VEGAS -- The corporate jet industry, still dominated by American manufacturers, will sell about $230 billion in new business jets in the next 10 years, according to a forecast by Honeywell Aerospace released at the convention. This year, Honeywell said, manufacturers will deliver 600 to 650 new business jets, compared with 732 last year, and down sharply from 1,139 in the industry’s peak year, 2008.

New York Times corporate jet market article here

 

Related Topics: business travel, corporate travel, FBO market, private jets

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