In the 18th edition of its annual Business Aviation Outlook issued at the NBAA convention this week, Honeywell forecasts delivery of about 11,000 new business jets from 2009 through 2019, generating estimated sales of $200 billion.

For 2009, Honeywell Aerospace forecasts deliveries of 750-800 new business jets, down from 1,139 in 2008. Deliveries in 2010 are expected to drop below 700. Based on survey responses, long-term buyer interest has increased, however new purchase plans are timed later in the five-year planning window, which strongly suggests that by 2011-2012 there will be significant pent-up demand that will improve the outlook for order intake and new jet deliveries.... read the rest of Bottom of bizjet market predicted in 2010 (1,506 words)