Corporate Jet Investor’s 2013 Business Jet Forecast
Using the most recent manufacturer guidance, Corporate Jet Investor's 213 Business Jet Forecast suggests that this year will see slightly fewer completed aircraft than 2012, making it the worst year for customer deliveries since 2004.
Using the most recent manufacturer guidance, Corporate Jet Investor’s 2013 Business Jet Forecast suggests that this year will see slightly fewer completed business jet deliveries than in 2012, making it the worst year for customer deliveries since 2004.
Combining historical delivery data from General Aviation Manufacturers Association with up-to-date management commentary and tables showing aircraft deliveries and upcoming orders, this 56-page report aims to predict how many business jet the major manufacturers will deliver in 2013.
Executive Summary
2013 will be the fifth year in a row where total deliveries have fallen
The business jet market has never had such a long drawn-out downturn. In 2013, manufacturers will deliver
44% less aircraft units than they did in 2008. If Hawker was still building jets and Cessna had not cut production, deliveries would have been similar to 2012.
The large jet market is stronger but not back to its peak
Over 80% of Gulfstream orders in 2013 will be for large-cabin jets. But it is worth noting that large aircraft deliveries are still down – even with the G650 coming on line.
The light jet market is suffering badly
Cessna is cutting production, Learjet prices are falling. Both Cessna and Bombardier have admitted to having white tails.
Manufacturers still have large pre-owned inventories
Bombardier has 74 pre-owned aircraft and Cessna’s sales of its inventory helped make up for lack of new aircraft sales. The biggest brokers of pre-owned jets are new aircraft manufacturers.
