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Business aviation faces slowdown: survey

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Nisha Ramchandani

Nisha Ramchandani

Published Tue, Nov 1, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

DEMAND for business jets is slowing in the near term thanks to weak global economic growth, a survey showed.

According to Honeywell's annual Global Business Aviation Outlook for 2016, up to 8,600 new business jets worth US$255 billion are slated for delivery over the next decade, down 6 to 7 per cent from the 2015 forecast.

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