Honeywell Aerospace lifts business jet outlook as aircraft use climbs
Honeywell Aerospace expects 9,950 business jet deliveries from 2026 to 2035 and raised its forecast by 4.4%, Reuters reported, citing higher utilization.
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what happened
On Monday, Honeywell Aerospace put its 2026 to 2035 delivery outlook for business jets at 9,950 units worldwide, up 4.4% from a year earlier, Reuters reported.
Including about 4,200 turboprops, the total reaches roughly 14,000 aircraft. The company projects the global business aviation fleet will expand around 29% over the decade, while flight hours could rise roughly 34%, outpacing fleet growth as operators rely more on shared-use models.
Charter and fractional ownership are pushing aircraft utilization higher. North America remains the largest market, with demand rising in Latin America and parts of Asia-Pacific such as India. The company also flagged that the Middle East conflict has disrupted flights and halted development work in that region.
why it matters
For markets, the forecast suggests demand for business jets is holding up despite economic uncertainty and geopolitical tension. It matters for aircraft makers and avionics suppliers, and for investors tracking the aviation sector. The Middle East conflict remains a risk factor for regional deliveries.
tags
instruments
sources
- Honeywell Aerospace sees business aviation growth on rising aircraft use — Reuters, 20 October 2026 at 00:00 UTC
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