HON - Honeywell Projects New Business Jet Deliveries To Shoot Up 10% In 2024: Here's Details | Benzinga
Yesterday, Honeywell International Inc (NASDAQ: HON) disclosed an encouraging Global Business Aviation Outlook, highlighting strong global demand for new business jets. As per the survey, the company saw higher five-year new jet purchase plans, up 2ppt vs. a year ago.
10-year Outlook: The company expects global demand for new business jets to stay strong over the coming decade, with projected deliveries of up to 8,500 new planes worth $278 billion from 2024 to 2033 (same as the 10-year outlook a year ago).
Honeywell anticipates new jet deliveries and expenditures to increase at an average annual rate of 2% over the next decade.
2023 & 2024 Outlook: The company projects ...