Honeywell’s 31st annual Global Business Aviation Outlook forecasts up to 8,500 new business jet deliveries worth $274 billion from 2023 to 2032, which is up 15% in both deliveries and expenditures from the same 10-year forecast a year ago. New business jet deliveries in 2023 are expected to be 17% higher than in 2022 with 20% higher expenditures.