Last week, the National Business Aircraft Association held its annual convention in Orlando, with the business aviation community leaders updating the industry on what’s new. We came away from NBAA 2018 with a feeling of cautious optimism. While the business aviation segment is growing again, the segment still hasn’t recovered to pre-2008 and great recession levels. The key players are optimistic that the industry will recover slowly over the next decade, but are carefully matching capacity to fall between provable backlogs and expected demand.
Most demand forecasts, whether from AirInsight Research, Aviation Week, or Honeywell
, tend to be on the conservative side. The mix of aircraft appears to be moving upward to larger aircraft, and the OEMs are offering new models to capture additional demand. Let’s take a look at developments on a manufacturer by manufacturer basis.
Aerion Aerion announced that is has begun preliminary design of its 12-seat AS2 Mach 1.4 business jet, and announced its engine choice, the GE Affinity engine at NBAA. The aircraft is expected to fly in 2023 and achieve certification in 2025. Honeywell, along with GE and Lockheed Martin, is a strategic partner for the program, and plans to develop its Primus Epic for the AS2 with optimized flight profiles to minimize sonic boom and maximize Mach cut-off. While still funded by its founder, Aerion has developed strategic alliances with several key industry players.
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