Honeywell Aerospace forecasts 9,950 new business-jet deliveries worldwide from 2026 through 2035, reflecting rising aircraft utilisation and demand for charter and fractional-ownership services. The company’s latest Global Business Aviation Outlook, presented ahead of NBAA-BACE in Las Vegas, also projects about 4,200 turboprop deliveries, taking total business-aircraft deliveries to approximately 14,000 during the decade.
The jet forecast is 4.4% higher than last year’s comparable projection. Honeywell has expanded this year’s coverage to include turboprops and personal jets, however, limiting direct year-on-year comparisons.
The global business-aviation fleet is expected to grow from about 39,400 aircraft in 2025 to nearly 51,000 in 2035, an increase of approximately 29%. Flight hours are forecast to rise by about 34%, outpacing fleet growth as charter, managed-fleet and fractional operators increase utilisation.
Annual deliveries are projected to rise from around 1,280 aircraft in 2026 to more than 1,500 in 2035, while annual delivery value is expected to exceed $37 billion by the end of the period. Midsize jets are forecast to record the strongest fleet growth, at about 40%, while large jets are expected to account for 61% of new-aircraft delivery value.
North America remains the largest market, with Latin America and parts of Asia-Pacific, including India, identified as growth areas. Honeywell also highlighted economic uncertainty, geopolitical volatility, energy-market disruption and operating challenges in the Middle East as risks to the outlook.