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The twentieth Teal Group Business Jet Overview has been circulating, and comments that Business aircraft have been hit harder by the economic crisis than any other aerospace market. After unprecedented growth, the market fell by 24.3% (in value of deliveries).

What a difference a year makes! Twelve months ago Honeywell was predicting a record year ahead, and sales of 17,000 new business jets by the end of 2018 with a total value approaching $300 billion. This year’s forecast is far less grand. Honeywell is now forecasting a continuing downturn for at least another year, followed by a protracted recovery and a new business jet market totaling just 11,000 units from 2009 through 2019 - with an estimated value of $200 billion.

In the 18th edition of its annual Business Aviation Outlook, Honeywell forecast delivery of approximately 11,000 new business jets from 2009 through 2019, generating estimated industry sales of $200 billion.

A closer look at the driving factors. Looking at the trends (see Part 1 to this Outlook in World Aircraft Sales Magazine, July issue, p64 to recap), and at the current state of the market and the very strong econometric drivers behind it, we have formulated a forecast that makes the following assumptions:• A market peak in 2008. This is a very unusual event – usually you can see a peak coming. Among all the aerospace markets, business aircraft ...

Welcome to the nineteenth annual Teal Group Business Jet Overview. Over this month and in the August issue of World Aircraft Sales Magazine, we will look at the market, where it’s going and the players involved. We’ll offer our forecast, including assumptions and segment details and then we’ll give our assessment of the manufacturers and new product development prospects. But before anything, we have an introductory section which may be helpful.

In December, UBS Investment Research presented its latest Business Jet Survey. It notes that over the two months since the NBAA Convention, business jet financing looked to have dried up considerably, as roughly one-third of survey respondents now cite limited financing as compared to virtually none prior. The surge UBS has seen in delivery slots available for sale is likely at least ...

In its 17th annual Business Aviation Outlook, Honeywell forecasts the delivery of approximately 17,000 new business aircraft from 2008 through 2018, generating expected industry sales of $300 billion.

As has become its annual tradition, Honeywell helped kick off the National Business Aviation Association’s annual convention with a presentation of its Business Aviation Outlook – the much anticipated Honeywell Forecast – on Saturday, October 4. The announcement, made by Honeywell’s Rob Wilson, president, Business and General Aviation, Honeywell Aerospace, came on the heels of a turbulent financial ...

As we enter what promises to be a golden age of business jet sales and manufacturing, more and more companies are making public their forecasts of how they think the market is going to evolve. The latest entry is Embraer, which issued a long-term outlook of the markets it competes in during the eighth Embraer Day event the company hosted in Saõ José dos Campos, Brazil on November 14-15. The Embraer Forecast consists ...

As we roll into the final weeks of the most successful year in the history of business aviation in terms of aircraft manufacturing and aircraft sales, there is good news for the future: The Honeywell Business Aviation Outlook, arguably the most respected predictor of what’s to come in our industry, is telling us things are only going to get better. Speaking at a media event that has come ...