Overview
- Honeywell’s 34th Global Business Aviation Outlook calls for 8,500 new business jets through 2035 worth $283 billion, marking the highest value in the report’s history.
- Operators are flying more than last year, with global business-jet flight hours up about 3% in 2025.
- North America is expected to take about 70% of new deliveries, with Europe at 14% and Latin America at 7%.
- Fractional fleets have expanded more than 65% since 2019 to roughly 1,300 aircraft, reinforcing the segment’s influence on new purchases.
- Survey findings show 20% of operators already hold firm orders, up from 17% a year ago, as midsize and super midsize jets lead demand and industry backlogs are poised to raise near-term costs.