Higher purchase expectations continue to be placed upon larger aircraft, implying they will command the bulk of the value billed from now until 2022. This class of business jet is expected to account for nearly 70 percent of all expenditures on new business jets. Volume growth between now and 2022 will also be represented by this class of aircraft, reflecting more than one-third of additional units and two-thirds of additional retail value."The trend toward larger cabin aircraft with ever-increasing range expectations and advanced avionics continues to be reflected in this year's survey," said Rob Wilson, president, Honeywell Business and General Aviation. "As a full spectrum supplier to the industry, Honeywell has been successful in building strong content levels on most of the more popular super midsize and larger aircraft in production or scheduled to enter service over the next few years."
Honeywell Global Business Aviation Forecast Sees Three To Four Percent Average Annual Industry Growth In Next Decade
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