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Tue, Oct 12, 2021

Aero-News: Quote of the Day (10.12.21)

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

“The increased demand for used jets is estimated at more than 6,500 units over the next five years, putting pressure on an already record low inventory and driving additional demand for new jets. Our latest operator survey results support continued private jet usage growth, as more than 65% of respondents anticipate increased business jet usage in 2022.” 

Source: From Honeywell's 30th Annual 30th annual Global Business Aviation Outlook, where Honeywell forecasted up to 7,400 new business jet deliveries totalling $238 billion from 2022 to 2031, a 1% increase in deliveries from the same forecast a year ago.

FMI: www.honeywell.com/

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