FAA: Business Jet Fleet To Grow Over Next Two Decades

The FAA have foretasted that the business jet fleet are projected to grow at an average rate of 2.8% a year from 2014 through 2035. Overall, the active general aviation fleet is expected to grow at an average annual rate of 0.4% over the 21-year forecast, from an estimated 198,860 aircraft in 2014 to 214,260 by 2035. FAA have also stated that while the business jet market is projected to grow, the piston-powered aircraft market is expected to decline in the future. Read More>>

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