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:
- The general aviation market is currently driven by strong interest and rapid development in high-end business jets and turboprops, catering to buyers seeking improved performance, advanced technology, and luxurious cabin comforts.
- Numerous new models, such as the Gulfstream G600, Dassault Falcon 6X, Embraer Praetor 500/600, and Cessna's SkyCourier and Denali, are either newly certified or in advanced stages of development, featuring modern avionics, fly-by-wire controls, and increased range/speed.
- In contrast, the light piston aircraft market faces stagnation, with new programs on hold due to a soft market and updated certification rules, while some high-end projects, like the Cessna Hemisphere, have experienced delays related to engine development.
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