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 forecasts a record number of new business jet deliveries over the next decade, with 8,500 jets valued at $283 billion expected, the highest forecast in 34 years.
This unprecedented growth is driven by factors such as economic expansion, rising demand for fractional ownership, new aircraft technology, and tax incentives like 100% bonus depreciation.
Operators show high confidence, with 91% expecting stable or increased flight activity, and North America is projected to receive approximately 70% of new jet deliveries over the next three years.

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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.