HONEYWELL FORECAST SHOWS DEMAND FOR NEW BUSINESS JETS AT RECORD LEVELS, CONTINUED GROWTH EXPECTED FOR NEXT DECADE
14 oktober, 02:00
14 oktober, 02:00
HONEYWELL FORECAST SHOWS DEMAND FOR NEW BUSINESS JETS AT RECORD LEVELS, CONTINUED GROWTH EXPECTED FOR NEXT DECADE
PR Newswire
LAS VEGAS, Oct. 13, 2025
LAS VEGAS , Oct. 13, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today published its 34th annual Global Business Aviation Outlook , which forecasts a record-setting number of new business jet deliveries over the next decade. The report provides unique insights into current industry trends and longer-cycle developments based on forecasting models and surveys of hundreds of business aviation operators across the globe.
Within the report, Honeywell predicts 8,500 new business jets with a projected value of $283 billion – the highest in the report's 34-year history – will be delivered over the next 10 years with an average annual growth rate of 3%. The strong demand for new jets continues to persist against a backdrop of increasingly complex macroeconomic and geopolitical factors. However, those factors have not slowed down the demand for new aircraft.
"The combination of recent economic growth, increasing demand for fractional ownership and a steady cadence of new aircraft development and technology upgrades have produced record levels of demand in business aviation," said Heath Patrick , president, Americas Aftermarket, Honeywell Aerospace Technologies. "Operators are increasing their usage rates and in turn manufacturers are continuing to ramp up production to keep pace with growing demand. Over the next decade, we expect these record-setting levels of deliveries and usage to continue."
Key findings in the 2025 Honeywell Global Business Aviation Outlook include:
Growth from fractional operators, new economic policy contributing to higher demand
Flight Activity: Strong year-over-year growth in 2025
Regional Breakdown: Recent delivery trends continue
Aircraft Purchase Priorities: Performance and cost remain king
Sustainability in Business Aviation: More fuel-efficient aircraft key to environmental improvements
For the fifth consecutive year, Honeywell also conducted an analysis of sustainability in business aviation and examined how operators are trying to lower their carbon footprint. Key findings in the report include:
Click here to request a copy of Honeywell's 2025 Global Business Aviation Outlook.
Methodology
Honeywell's forecast methodology is based on multiple sources, including macroeconomic analyses, original equipment manufacturers' production and development plans shared with the company, expert deliberations with aerospace industry leaders and detailed analysis of Cirium and WINGX industry data. Honeywell, in partnership with Seefeld Group and Ad Hoc Research, also conducted surveys of business aviation operators comprising 312 nonfractional operators representing a fleet of 1,199 business aircraft worldwide. The survey sample is representative of the entire industry in terms of geography, operation and fleet composition. This comprehensive approach provides Honeywell with unique insights into operator sentiments, preferences and concerns and provides considerable intelligence on product development needs and opportunities.
Making an impact on business decisions
Honeywell's Global Business Aviation Outlook reflects current operator concerns and identifies longer-cycle trends that Honeywell uses in its own product decision process. The survey has helped to identify opportunities for investments in sustainability solutions, enhance aircraft connectivity offerings, and expand propulsion offerings, innovative safety products, services and upgrades. The survey informs Honeywell's business pursuit strategy and helps consistently position the company on high-value platforms in growth sectors.
About Honeywell
Products and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft, and in many terrestrial systems. The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components, power systems, and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit aerospace.honeywell.com or follow Honeywell Aerospace Technologies on LinkedIn.
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom .
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
Contacts:
Media
Adam Kress
(602) 760-6252
adam.kress@honeywell.com
SOURCE Honeywell International Inc.
14 oktober, 02:00
HONEYWELL FORECAST SHOWS DEMAND FOR NEW BUSINESS JETS AT RECORD LEVELS, CONTINUED GROWTH EXPECTED FOR NEXT DECADE
PR Newswire
LAS VEGAS, Oct. 13, 2025
LAS VEGAS , Oct. 13, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today published its 34th annual Global Business Aviation Outlook , which forecasts a record-setting number of new business jet deliveries over the next decade. The report provides unique insights into current industry trends and longer-cycle developments based on forecasting models and surveys of hundreds of business aviation operators across the globe.
Within the report, Honeywell predicts 8,500 new business jets with a projected value of $283 billion – the highest in the report's 34-year history – will be delivered over the next 10 years with an average annual growth rate of 3%. The strong demand for new jets continues to persist against a backdrop of increasingly complex macroeconomic and geopolitical factors. However, those factors have not slowed down the demand for new aircraft.
"The combination of recent economic growth, increasing demand for fractional ownership and a steady cadence of new aircraft development and technology upgrades have produced record levels of demand in business aviation," said Heath Patrick , president, Americas Aftermarket, Honeywell Aerospace Technologies. "Operators are increasing their usage rates and in turn manufacturers are continuing to ramp up production to keep pace with growing demand. Over the next decade, we expect these record-setting levels of deliveries and usage to continue."
Key findings in the 2025 Honeywell Global Business Aviation Outlook include:
Growth from fractional operators, new economic policy contributing to higher demand
Flight Activity: Strong year-over-year growth in 2025
Regional Breakdown: Recent delivery trends continue
Aircraft Purchase Priorities: Performance and cost remain king
Sustainability in Business Aviation: More fuel-efficient aircraft key to environmental improvements
For the fifth consecutive year, Honeywell also conducted an analysis of sustainability in business aviation and examined how operators are trying to lower their carbon footprint. Key findings in the report include:
Click here to request a copy of Honeywell's 2025 Global Business Aviation Outlook.
Methodology
Honeywell's forecast methodology is based on multiple sources, including macroeconomic analyses, original equipment manufacturers' production and development plans shared with the company, expert deliberations with aerospace industry leaders and detailed analysis of Cirium and WINGX industry data. Honeywell, in partnership with Seefeld Group and Ad Hoc Research, also conducted surveys of business aviation operators comprising 312 nonfractional operators representing a fleet of 1,199 business aircraft worldwide. The survey sample is representative of the entire industry in terms of geography, operation and fleet composition. This comprehensive approach provides Honeywell with unique insights into operator sentiments, preferences and concerns and provides considerable intelligence on product development needs and opportunities.
Making an impact on business decisions
Honeywell's Global Business Aviation Outlook reflects current operator concerns and identifies longer-cycle trends that Honeywell uses in its own product decision process. The survey has helped to identify opportunities for investments in sustainability solutions, enhance aircraft connectivity offerings, and expand propulsion offerings, innovative safety products, services and upgrades. The survey informs Honeywell's business pursuit strategy and helps consistently position the company on high-value platforms in growth sectors.
About Honeywell
Products and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft, and in many terrestrial systems. The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components, power systems, and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit aerospace.honeywell.com or follow Honeywell Aerospace Technologies on LinkedIn.
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom .
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
Contacts:
Media
Adam Kress
(602) 760-6252
adam.kress@honeywell.com
SOURCE Honeywell International Inc.
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