Forecast Sees Nearly 10,400 Jets Built by 2015

 - November 21, 2006, 10:57 AM

Some 10,383 business jets will be built over the next 10 years, including 2,310 very light jets, 100 business jetliners and 196 business jet versions of regional jets, according to the 16th annual Business Jet Overview from the Teal Group. The Fairfax, Va.-based aerospace analyst projects that 931 jets–an all-time high–will be delivered this year, “with further growth likely in 2007 [1,177 jets],” after which “we predict a modest market dip” until 2013. Teal’s guesses on market share over the next 10 years in order of billings are: Bombardier, 25 percent; Gulfstream, 23.9 percent; Dassault, 19.2 percent; Cessna, 18 percent; Raytheon, 10.1 percent; and very light jets, 3.3 percent. Among the “Big Five,” only Dassault’s share will grow in the next 10 years, according to Teal. In number of deliveries between 2006 and 2015, Teal’s top five models will be the Citation Mustang (620), Citation CJ1/2 (555), Citation XLS (545), Learjet 40/45 (470) and Raytheon Premier (461).