Honeywell Aerospace has raised its forecast for new business jet deliveries, projecting 9,950 units worldwide between 2026 and 2035. This marks a 4.4% increase from its previous estimate in 2025, driven by higher aircraft utilization and fleet expansion. The forecast also includes about 4,200 turboprop deliveries, bringing the total to roughly 14,000 aircraft over the decade.
The global business aviation fleet is expected to grow by approximately 29% over the next ten years. Rising demand for charter services and fractional ownership is supporting this growth, even amid economic uncertainty and geopolitical volatility. Honeywell Aerospace anticipates a 34% increase in global business aviation flight hours through 2035, outpacing fleet growth as operators adopt more shared-use models.
Linnea Whisler, president of Commercial Original Equipment at Honeywell Aerospace, noted that business aircraft owners and operators are flying more frequently, ordering new jets, and expanding their fleets. She highlighted innovations driving growth across the sector. North America remains the largest market, while demand is increasing in Latin America and parts of Asia-Pacific, including India.
However, conflict in the Middle East has disrupted flight operations and paused development activity in the region, according to Honeywell Aerospace.