Honeywell Aerospace Sees Business Aviation Growth on Rising Aircraft Use

3-line summary

• Honeywell Aerospace forecast 9,950 new business jet deliveries worldwide over 2026-2035, a 4.4% upward revision from last year's outlook, plus about 4,200 turboprop deliveries, for roughly 14,000 total aircraft deliveries; the global business aviation fleet is expected to grow about 29% over the next decade, while flight hours are projected to rise about 34% by 2035, outpacing fleet growth.
• Honeywell attributed rising flight hours to growing charter and fractional-ownership demand, which is increasing aircraft utilization as operators lean more on shared-use models; commercial OEM president Linnea Whisler said owners and operators are consistently flying more, with the trend holding up despite economic uncertainty and geopolitical volatility.
• North America remains the largest business aviation market, with growing demand in Latin America and parts of Asia-Pacific including India, while Middle East operations have been disrupted by conflict and regional development activity has paused.

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