Honeywell Aerospace forecast shows business aviation growth, expanding fleets and strong utilization continuing through 2035
Key Highlights
- ➤9,950 business jet deliveries forecast over next decade, up 4.4% from last year
- ➤Global business aviation fleet projected to expand approximately 29% by 2035
- ➤Flight hours projected to increase approximately 34% from 2025 through 2035
- ➤Annual aircraft deliveries expected to exceed 1,500 by 2035
- ➤New aircraft delivery value projected to exceed $37 billion annually by 2035
Expert Statements
Linnea Whisler, president, Commercial Original Equipment, Honeywell Aerospace
“Over the next decade we're predicting one of the most robust periods ever for business aviation, as corporations, private individuals, charter customers and fractional shareholders are all creating a surge in demand.”
Linnea Whisler, president, Commercial Original Equipment, Honeywell Aerospace
“Business aircraft owners and operators are consistently flying more, ordering new business jets, expanding fleets and investing in innovations that are driving growth across the sector.”
Honeywell Aerospace forecast shows business aviation growth, expanding fleets and strong utilization continuing through 2035 PR Newswire
* 35th annual Global Business Aviation Outlook projects 9,950 new business jet deliveries over the next decade, up 4.4% from last year * Global business aviation fleet is projected to expand by approximately 29% in next decade * Aircraft utilization continues to grow as operators adapt business models PHOENIX, Oct. 19, 2026 /PRNewswire/ -- Honeywell Aerospace (NASDAQ: HONA) today published its 35(th) annual Global Business Aviation Outlook , forecasting continued growth in the business aviation sector over the next decade as aircraft deliveries rise, fleet sizes expand and operators increase the hours they fly their aircraft. The forecast reflects an industry that has evolved beyond traditional ownership models, with charter, managed fleets and fractional operators driving a growing share of activity while helping business aviation remain remarkably resilient amid economic uncertainty, geopolitical volatility and energy-market disruptions.
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