Honeywell Aerospace sees business aviation growth on rising aircraft use
Growing demand for charter and fractional ownership is driving higher aircraft utilisation.
Honeywell Aerospace has raised its forecast for global business jet deliveries, predicting 9,950 new aircraft will be delivered between 2026 and 2035, a 4.4% increase from the 2025 figure. The forecast encompasses around 4,200 turboprop deliveries by 2035, bringing the total to approximately 14,000. The global business aviation fleet is expected to expand by about 29% over the next decade.
Rising demand for charter and fractional ownership is contributing to higher aircraft utilization, supporting business jet demand even amidst economic uncertainty and geopolitical instability. Honeywell anticipates a 34% increase in global business aviation flight hours through 2035, outpacing fleet growth as operators increasingly utilize shared-use models.
Linnea Whisler, president of Commercial Original Equipment at Honeywell Aerospace, stated that business aircraft owners and operators are consistently flying more, ordering new jets, expanding fleets, and investing in innovations, driving sector-wide growth. North America remains the largest business aviation market, while demand is increasing in Latin America and parts of Asia-Pacific, such as India.
However, the company noted that the Middle East conflict has disrupted flight operations and halted development in the region.
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