Thu, Oct 19, 2023
Aero-News: Quote of the Day
ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.
Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
"Our industry is on the upswing. Operators are showing confidence with plans to expand their fleets at a faster rate than any time in the previous decade. Notably, we are excited by the recent announcements from fractional operators indicating their intent to acquire several hundred new jets, including midsize and super-midsize jets powered by Honeywell HTF engines. There's also a positive shift toward sustainability, as operators are keen to reduce carbon emissions. Additionally, new users in business aviation have increased demand by 500 aircraft and 6% more flights over the next 10 years. This, along with expected double-digit increases in turbofan deliveries in 2023 and 2024, shows our industry's commitment to meeting growing demand."
Source: From Honeywell's 32nd annual Global Business Aviation Outlook, which forecasts up to 8,500 new business jet deliveries worth $278-billion from 2024 to 2033, in line with the same ten-year forecast a year ago.
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