Bizjet Deliveries Will Increase Modestly, Analyst Predicts

Business jet deliveries will rise at "a steady 2.7 percent per year [compound annual rate] between now and 2019," according to aviation market consultant Brian Foley. He anticipates that manufacturers will deliver 8,900 business jets worth $170 billion in the 10-year period, about 48 percent of which will go to buyers outside North America. That last figure would represent an increase from recent years, when international sales have accounted for about 30 percent of the total. Countering rosier forecasts by other analysts, Foley noted, "We can't ignore the variable nature of this market, which historically has run in five- to six-year cycles."