1.
Bill Lear flew the first universally recognized private jet in 1963. It was called the Learjet 23, and the design was based on Swiss military aircraft. The twin-engine jet is now on display at the Smithsonian National Air and Space Museum in Washington D.C.
2.
Everyone knows Air Force One is an incredibly large private aircraft. Some of its features include 4,000 square feet of floor space, three levels, a presidential suite, a large office, home gym complete with a shower, and a conference room.
3.
Owing to the high demand, the United States accounts for roughly 63% of the world’s private aircraft.
4.
Private aviation is by far the fastest-growing segment of the industry.
Honeywell Business Jet Usage Forecasts
5.
40% of all private jet flights are empty legs.
Forbes
6.
In the US, private aircraft have access to roughly 5,000 airports. US Commercial flights have access to only about 500 airports.
Honeywell Business Jet Usage Forecasts
7.
There are roughly 22,000 active private jets in service. And this figure is growing faster than ever. Low used jet inventory was one of the major industry headlines in 2020 and 2021, and airframers have rushed to answer the call. Expect jets to enter service at an unprecedented rate in the years to come.
Honeywell Business Jet Usage Forecasts
8.
Data predicts private aircraft sales will top $235 billion by 2030. If nothing else, these facts illustrate one thing: Private aviation is on an upward trajectory. Sales will top $235 billion within the decade. For private aviation, the sky is the limit, and there’s certainly enough momentum to propel this industry up, up, and away.
Honeywell Business Jet Usage Forecasts
9.
Seven of the top 12 business jet manufacturers are based in the United States. It’s no surprise that the United States leads the way in every major private jet growth metric. After all, this is where the world’s largest airframers reside. Boeing, Textron, Gulfstream, Cessna, and others all reside on U.S. soil, with strong production to anchor them.
Honeywell Business Jet Usage Forecasts
