July 24, 2012 - 1:11pm

Zenith Jet has issued a mid-year update for its annual business aviation forecast. The Montreal-based business aviation services company forecasts delivery of 736 business jets this year, a number that, if accurate, would represent an increase over the 703 handed over last year and the first year-over-year improvement in deliveries since 2008. Zenith views this as the start of a five-year recovery run that will see deliveries grow at a compound average rate of 17-percent each year, with a peak of 1,392 deliveries anticipated in 2016.

October 16, 2008 - 11:51am

Brian Foley Associates president Brian Foley today sent a critical message to the various companies and consultants that recently released business aviation forecasts: these “delivery forecasts [were] outdated the day they were published.” In his view, “New aircraft orders are poised to fall off a cliff.