Forecast For BizJets: CAVU | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.12.25

Airborne-NextGen-05.13.25

AirborneUnlimited-05.14.25

Airborne-FlightTraining-05.15.25

AirborneUnlimited-05.16.25

Mon, May 10, 2004

Forecast For BizJets: CAVU

New Report Sees 23-Percent Rise In Deliveries In Next Decade

Wow. The light at the end of the tunnel for the business jet industry looks almost blinding if you believe a new report from Teal Group aerospace analyst Richard Aboulafia.

In the next ten years, Aboulafia predicts the number of bizjets to be delivered by various manufacturers will come to 6,400. That's a 23-percent increase, better than his forecast of a year ago.

So who will deliver these business-class aircraft? Aboulafia predicts Cessna will deliver 2,504 business jets between 2004 and 2013. He says Bombardier will deliver 1,026 business jets and Raytheon Aircraft will build and send 980 business jets to clients worldwide.

But when you look at it from a Wall Street perspective, Aboulafia says Gulfstream will make the most money on new jet business.

Aboufalia's report is by no means pollyanic, however. He suggests Raytheon will struggle in the coming decade. He notes the company, which owns Beechcraft, is struggling now, with poor earnings and a decidedly smaller share of the market. But Aboufalia says Raytheon is making big strides to correct these issues, including a newly energized sales team.

FMI: www.tealgroup.com

Advertisement

More News

ANN's Daily Aero-Term (05.17.25): Permanent Echo

Permanent Echo Radar signals reflected from fixed objects on the earth's surface; e.g., buildings, towers, terrain. Permanent echoes are distinguished from “ground clutter&rd>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

Aero-News: Quote of the Day (05.17.25)

“The 737 MAX will diversify AviLease’s portfolio by delivering unrivalled fuel efficiency and market-leading versatility. It’s a powerful combination that will fu>[...]

Classic Aero-TV: Jabiru's New J170-D - An Upgraded and Fine-tuned LSA

From 2017 (YouTube Edition): The Airplane From Down Under Is A Proven Trainer… Jabiru was one of the early light sport aircraft (LSA) brought into the U.S.A. when the sport >[...]

Airborne-NextGen 05.13.25: Merlin Tests, Dronetag Accuses, Flying Car?

Also: MQ-9B UAS MTC, FlightSimExpo, New JPL Director, Japanese Lunar Lander Preps Merlin’s flight testing campaign continues to rapidly progress with its certification-ready >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC