Honeywell Forecasts Record Growth in Business Jet Deliveries

Analysts cite an economic upturn, higher fractional ownership demand, and advances in technology.

Zach Vasile

Wednesday, October 15, 2025 at 11:30 AM ET

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Edited By:

Travis Tingle

Embraer Phenom 300 [Courtesy: Embraer]

Key Takeaways:

Honeywell's latest forecast predicts a record 8,500 new business jet deliveries worth $283 billion over the next decade, marking the highest outlook in 34 years.
This unprecedented growth is attributed to strong economic conditions, increasing demand for fractional ownership, new aircraft development, and beneficial tax policies like 100% bonus depreciation.
Operators show high confidence, with 91 percent expecting stable or increased flight activity in the near future, and 20 percent having aircraft on firm order.
North America remains the strongest market, projected to receive approximately 70 percent of new jet deliveries over the next three years, while other regions show varied growth expectations.

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A record number of new business jets are expected to be delivered over the coming decade, according to a new forecast from Honeywell.

The forecast, released Tuesday at the NBAA-Business Aviation Convention & Exhibition in Las Vegas, predicts 8,500 new business jets with a projected value of $283 billion will be delivered over the next 10 years, translating to an annual average growth rate of 3 percent. The number of expected deliveries is the highest it has been since Honeywell started publishing its industry outlook 34 years ago.