Flying Magazine reports, this week the annual Honeywell Global Business Aviation Outlook was released, “predicting strong and stable growth in the industry for the next five years. The forecast also predicts demand for 8,500 new business aircraft worth $280 billion during that period, up a little from earlier forecasts and prompting some manufacturers to ramp up production. At the same time, customer demand has leveled off, suggesting a more balanced market is taking hold, according to the survey.”
Full Story (Flying Magazine)
