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)
Tag: Strong
Boeing’s Strong Delivery Pace Continues Through October
Reuters reports, “Boeing said on Tuesday that it delivered 53 jets in October, bringing its total for the year to 493, and received 15 new orders last month. The U.S. planemaker delivered 39 of its best-selling 737 MAX jets, including nine to Southwest Airlines and five to Irish budget airline Ryanair. It delivered one 737 NG to be converted into a P-8 maritime patrol plane for the U.S. Navy. Boeing also delivered 13 widebody jets: seven 787 Dreamliners, two 777 freighters and four 767s.”
Full Story (Reuters)