Reported Earlier, Honeywell Aerospace Sees Global Business Aviation Fleet Growing 29% To Nearly 51,000 Aircraft By 2035, With 9,950 Business Jet Deliveries Expected

Honeywell Aerospace's 35th annual Global Business Aviation Outlook forecasts a 29% growth in the global business aviation fleet, reaching nearly 51,000 aircraft by 2035. The report anticipates 9,950 new business jet deliveries over the next decade, reflecting a 4.4% increase from the previous year. Additionally, aircraft utilization is expected to rise as operators adjust their business models.