#NBAA13: Honeywell forecasts slight uptick in bizav over next decade

LAS VEGAS — In its 22nd annual Business Aviation Outlook, released opening day of the National Business Aviation Association Convention, Honeywell is forecasting up to 9,250 new business jet deliveries worth over $250 billion from 2013 to 2022.

The 2013 Honeywell outlook reflects an approximate 3 to 4% increase in projected delivery value over the 2012 forecast. [Read more…]

New study highlights the value of bizav during ‘The Great Recession’

Ed Bolen

A new study unveiled at the recent National Business Aviation Association convention shows that even during the worst economic times since the Great Depression, companies that relied on business aviation outperformed the field in important measures of shareholder value and recovered from the recession more quickly than their peers across a range of industries representing the U.S. economy. The study, “Business Aviation: Maintaining Shareholder Value Through Turbulent Times,” concludes that companies in the S&P 500 that use business aviation achieved superior financial performance in a number of key measures and also displayed superior ability to respond to the severe downturn. “This answers the question as to why so many American enterprises continue to depend upon business aviation, even in — and perhaps, especially in — tough economic times,” said NBAA President and CEO Ed Bolen (pictured). Find out more here.