By Victor Shalton, airlinegeeks.com
Even as demand for business travel remains unknown for commercial airlines and corporate manufacturers and operators, short-term reductions in both deliveries and expenditures due to the pandemic are not expected to have a lasting impact on the business jet industry.
Honeywell’s Global Business Aviation is forecasting up to 7,300 new business jet deliveries worth $235 billion from 2021 to 2030, down 4% in deliveries compared to the same 10-year forecast a year ago.
The 2020 Honeywell Global Business Aviation also indicates that 80 percent of the business jet operator’s purchase plans have not been affected by the COVID-19 pandemic, with business jet deliveries in 2021 expected to be up 13% from a COVID-19 impacted 2020.