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$230B in new business jets expected from 2011-2021

$230B in new business jets expected from 2011-2021

Sales of new business jets are soaring, if Honeywell Aerospace figures are anything to go by. No one's surprised most of it is coming from the MEA and Asia.

October 10, 2011 1:56 by

…modest improvement in demand for new jets.  The pipeline of new high-value models in development also supports the long term growth scenario, as well as strength in international demand.

Honeywell Aerospace’s “Customer Benefit Index,” a key component of the long-range forecast, which tracks the perceived value offered by business jets to fleet owners and operators, also has a favorable long-term trend based on many newer production models and development programs in the pipeline.

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