Our team is on the ground in Orlando, Florida and putting the finishing touches on our booth (#2000) at the National Business Aviation Association's (NBAA) 2014 Business Aviation Convention and Exhibition. Visitors will have plenty to see at our booth, like product displays and the opportunity to contribute to our Instaprint mosaic. See our full list of planned activities and presentations.
Even though the exhibition floor hasn't opened yet, there's already news to report!
Honeywell released the 2014 Global Business Aviation Outlook yesterday. Here are a few key highlights from the forecast:
Up to 9,450 deliveries of new business jets valued at $280 billion forecast through 2024
Operators plan to replace 23 percent of their fleets with new jets in the next five years
European and Brazilian purchase plan percentages lead all world regions
Large-cabin jets account for up to 46 percent of five-year new purchase plans
We also announced enhancements to our popular Primus Epic integrated flight deck product line that will keep pilots better informed and safer in the air and on the ground.
The new technology features include Honeywell’s 2-D and 3-D airport moving maps, Honeywell’s SmartView Synthetic Vision System with updates for lower landing minimums, cockpit display of traffic information, and more. These features will provide pilots with an enhanced and safer gate-to-gate experience and will be available for all Primus Epic-supported platforms for certification as early as the next two years.
Additionally, Honeywell and Deer Jet (the largest business aviation operator in Asia Pacific) announced an auxiliary power unit (APU) service center for business jets in China. This means:
Chinese business aircraft operators will now be able to obtain service promptly in China instead of either calling on an out-of-country mobile team or traveling out of country to areas like Hong Kong or Singapore
The new maintenance service center will be able to provide APU service to international flights in transit
Customers of the Honeywell Maintenance Service Plan (MSP), a comprehensive maintenance program, will now be able to enjoy the full benefit of MSP in the region with the new APU line maintenance service center.
Visit our blog again tomorrow for more updates, and stay tuned to our Twitter and Instagram accounts this week for real-time news from the show floor.
Honeywell Forecasts $280 Billion Market for Business Jets | The Wall Street Journal
Blackstone Adds Luxury-Jet Finance in $280 Billion Market | Bloomberg
Honeywell Forecast Sees Modest Market Growth | Flying Magazine
PATS Selects Honeywell Ovation Select System for BBJ2 Completion Project | Aviation International News
NBAA: Honeywell forecasts strong business jet demand driven by large-cabin types | Flightglobal