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The forecast is consistent with Honeywell's rolling 10-year projection provided last year, but the value of jets expected to be delivered has increased by $4 billion to $278 billion, the company said in its annual Global Business Aviation Outlook.
Private aviation witnessed a surge in newcomers, both in users and buyers, after the COVID-19 pandemic lifted demand for private flying as the wealthy took control of their travel.
Publisher: Reuters
Date: 2023-10-16T00:12:07Z
Author: Shivansh Tiwary
Twitter: @Reuters
Reference: (Read more) Visit Source
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