Honeywell forecast shows strong demand for new business jets, increased focus on reducing emissions

32nd annual global business aviation outlook projects 8,500 new business jet deliveries valued at $278 billion over the next decade fleet expansion plans have increased for a third consecutive year operators show a heightened interest in actively reducing their carbon emissions new users in business aviation have increased demand by 500 new aircraft and 6% additional flights over the next decade las vegas , oct. 15, 2023 /prnewswire/ -- honeywell's (nasdaq: hon) 32nd annual global business aviation outlook forecasts up to 8,500 new business jet deliveries worth $278 billion from 2024 to 2033, in line with the same 10-year forecast a year ago. this year, surveyed business aviation operators reported higher five-year new jet purchase plans, which is up two percentage points from a year ago.
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