The pace of new aircraft development continues to stimulate a great deal of interest in the next generation of business aircraft featuring improved performance, enhanced technology and cabin creature comforts that airplane buyers covet. While several new models — including the Gulfstream G500, Pilatus PC-24, HondaJet Elite, Generation 2 Cirrus Vision Jet, Daher TBM 940 and others — are seeing FAA certification translate into clear sales successes, a number of new airplanes still in the development pipeline are driving significant interest, some at levels we haven’t seen in years.
The New Airplanes Report
Key Takeaways:
- New aircraft development is primarily focused on the high-end business jet and turboprop markets, driven by demand for improved performance, advanced technology, and luxurious cabin features.
- Conversely, new light piston airplane development has slowed considerably, impacted by updated certification rules, a soft market, and strong competition from older, more affordable used models.
- Several highly anticipated new aircraft, including the Gulfstream G600, Falcon 6X, Embraer Praetor 500/600, Cessna SkyCourier and Denali, and Epic E1000, are either newly certified or nearing market entry with enhanced capabilities.
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