Jets: Reaching the Service Ceiling
The jet market softened after a period of COVID-induced thrust.
The jet market softened after a period of COVID-induced thrust.
According to the Jetnet iQ forecast, light jets are expected to account for more than 1 in 5 business jets produced from 2023 to 2032 with large-cabin aircraft a close second.
The Climbing Fast initiative will focus on publicizing business aviation’s benefits to society, career opportunities for young people, and commitment to zero emissions by 2050.
The Daher TBM 900-series single-engine turboprop has gained even more traction in the market after the introduction of the TBM 960 last year.
The OEM projects that 8,500 new business jets, worth about $278 billion, will be delivered during the next ten years.
The Falcon 6X is, by far, Dassault’s largest, heaviest, and most powerful business jet in the 60-year history of its business jet production line.
A gap in the 4,000 to 6,000 nm range prompts the question: Who will take advantage of this sweet spot?
The $16.25-million Cessna Citation Ascend by Textron Aviation will be the fifth-generation Citation 560XL when it arrives in 2025.