Business jet purchase plans mostly unscathed by COVID-19, Honeywell survey shows

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Business jet operators planning new aircraft purchases are largely undeterred by the battering the COVID-19 pandemic has done to the aviation sector, a Honeywell Aerospace outlook on corporate planes published on Tuesday says.

are closely watching to see if the summer rebound in corporate flights will last and translate into demand for new aircraft.

According to Honeywell’s 2020 business aviation outlook, which surveyed more than 1,000 existing aircraft operators, four out of five respondents said their buying plans have not been affected by COVID-19. The outlook said new aircraft deliveries would only return to pre-pandemic levels by the middle of the decade.Vaish said Honeywell expects business jet usage to recover to 2019 levels by the second half of 2021.

The Honeywell outlook’s long-range forecast through 2030 projects 7,300 new business jet deliveries worth $235 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I’d only recommend flying privately and for the true sake of privacy/medical. If it’s for expedience or leisure, I’m not sure the math works out to anything other than endangerment.

Oh thank god! I was worried about the impact on potential business jet owners.

Up .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Epic teamed up with UMinnesota to develop an AI algorithm that identifies COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🔥 Check It Out 🔥
Source: BusinessInsider - 🏆 729. / 51 Read more »

Most Americans say Trump didn't do enough to avoid COVID-19: poll - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The tough guy routine feels good until you get burned and can’t spin that burn away. It STILL is a free country last I checked breaking news: a majority of Americans say Business Insider is fake news
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pope Francis rebukes capitalism, says COVID-19 proves markets broken - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He must’ve read the bit of the Bible where Jesus said you should love everyone, washed the feet of prostitutes, and threw the money lenders out of the temple the pope is a communist and is pushing world communism
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump downplays COVID-19 while announcing he'll leave hospital - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Covid is a joke, open back up! WHO IS THAT MASKED MAN That is exactly what Jim Jones said about the Kool-Aid.
Source: BusinessInsider - 🏆 729. / 51 Read more »

All of the contradictions surrounding Trump's COVID-19 infection - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you judge this administration by how fast it is spreading.....you would say they are doing a GREAT job
Source: BusinessInsider - 🏆 729. / 51 Read more »

All of the contradictions surrounding Trump's COVID-19 infection - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I like my odds better on this slide... Who knows? realDonaldTrump could be faking it? lol 😂 you guys have anything better to talk about? You wonder why your ratings suck? Find another story, damn. People don’t care we’re over “orange man bad” we get it, what else you got
Source: BusinessInsider - 🏆 729. / 51 Read more »