JetNet forecasts big jump in business jet deliveries over next decade 

In a sign of potential blue skies ahead for the world’s business jet manufacturers, JetNet, a New York-based business aviation data firm, raised its long-range business jet delivery forecast by more than 12% at the firm’s iQ Global Business Aviation Summit in Washington, D.C., on September 10.   JetNet said it now expects deliveries of 9,700 business jets through 2034, with a total value of $335 billion. That compares with JetNet’s projection at last year’s summit of 8,644 jets through 2033 valued at $262 billion. JetNet also put the current OEM backlog at about $55 billion, which it characterizes as roughly two years of production at current output rates. 

For 2025, JetNet is projecting 825 deliveries of new business jets, an 8% year-over-year increase compared with its figures from 2024. The firm expects 365 turboprop deliveries in 2025, down 5% from the previous year.  

While the 10-year totals represent a sizeable increase compared with last year’s forecast, JetNet continues to describe the market as growing at a measured pace. In a recent mid-year snapshot, the company noted strong backlogs and values that remain historically high even as pricing shows early signs of stabilizing. Because supply remains constrained, used-jet prices are holding up well, and that makes it easier for manufacturers to maintain pre-planned production rates of new aircraft.  Certifications of all-new business jets will undoubtedly help lift deliveries over the next decade. On April 16, 2025, the Gulfstream G800 received both FAA and EASA type certificates, clearing the way for delivery of Gulfstream’s longest-range jet in August of this year. The pipeline of new business jet models due to enter the market over the next few years is equally supportive. Bombardier targets entry into service for the Global 8000 in the second half of 2025. Gulfstream’s G400 is progressing with flight testing with entry into service is expected in 2026. Textron is preparing the Citation CJ4 Gen3 for 2026 initial deliveries, followed by the Citation M2 Gen3 and CJ3 Gen3 in 2027. Dassault plans to bring the Falcon 10X to the market in 2027, and Honda expects the larger HondaJet Echelon to reach the market in 2028 or 2029. New models across the large-cabin, midsize, and light jet segments give buyers fresh reasons to act, which should support JetNet’s view of a gradual increase in business jet deliveries in the coming decade. 

JetNet presented its updated outlook at the 14th annual JetNet iQ Summit, held September 9-10, 2025, at the Park Hyatt Washington, D.C. The event brought together OEM leaders, operators, financing executives, and analysts for discussions on demand trends, supply-chain issues, certification backlogs, and aircraft valuations.  

For comparison with the latest JetNet business aviation forecast, Honeywell’s most recent Global Business Aviation Outlook, released ahead of the NBAA Convention in October 2024, called for deliveries of about 8,500 new business jets over the next decade, worth roughly $280 billion. Honeywell at the time said 2025 new-jet deliveries should be about 12% higher than 2024, and noted that operator sentiment remained solid, with over 90% of survey respondents planning to fly the same or more in 2025.  

The JetNet and Honeywell forecasts essentially tell the same story, and it is one of rising fortunes for business aircraft OEMs and their suppliers. Honeywell leans on operator surveys for its data, while Jetnet uses information gleaned from deliveries, transactions, and OEM backlogs. Honeywell’s next business aviation outlook is expected to be released at NBAA-BACE, set for October 14-16, 2025, in Las Vegas, and watchers will undoubtedly be looking to see how closely Honeywell’s updated forecast matches the latest report from JetNet. 

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