Honeywell Issues New Business Aviation Market Outlook
The 35th annual forecast predicts significant growth in business jet and turboprop deliveries over the next decade.
Updated on Oct. 20, 2026 in Business Travel
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Honeywell has released its 35th Global Business Aviation Outlook, projecting 9,950 new business jet and 4,200 turboprop deliveries between 2025 and 2035. The company expanded its report scope to include personal jets and turboprops for a more comprehensive view of the market.
Why it matters
The positive forecast and upward revisions in aviation activity are attributed to a favorable global economic environment. These projections highlight sustained demand across various jet classes and increased operator confidence for the coming years.
Honeywell projects 29% fleet growth and 34% flight-hour growth over the next 10 years. Total deliveries for business jets are forecasted at 9,950 units alongside 4,200 turboprops for the 2025-2035 period.
The players
Honeywell
Honeywell is a multinational conglomerate that produces aerospace products and services, including engine systems and avionics for business and commercial aviation.
The details
The report shows that midsize and super-midsize jet flight hours rose roughly 7% year over year, while large-cabin jet flight hours grew approximately 5%. Overall, 2026 business jet flight hours are up more than 4% as operators report stable demand for new aircraft.
Timeline
The forecast covers the 10-year period from 2025 through 2035.
Business jet flight hours are up 4% in 2026.
Travel Outlook
This forecast follows the long-standing industry pattern set by the annual Honeywell Global Business Aviation Outlook series. By tracking multi-year delivery cycles, the data provides a benchmark for how business travel demand shifts against global economic cycles.
Frequent business travelers may notice evolving capacity trends as fleets grow by 29% over the next decade. These market projections signal potential changes in service availability and aircraft model prevalence at major private aviation hubs.
The takeaway
The upward trajectory in flight hours and firm aircraft orders suggests robust demand for private aviation services in the near term. Operators and stakeholders should track these fleet growth projections when planning for long-term logistics and infrastructure requirements.
Further reading
For more context on how industry trends impact private transit, visit our Business Travel section.
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