Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Business aviation industry analyst Brian Foley is calling for worldwide business jet shipments to “get out of their 700-unit-per-year rut and approach 900 units as soon as 2024, but not later than 2025.” But he expects any production increase this year to be incremental, as “some aircraft manufacturers are temporarily stuck on the sidelines unable to fully capitalize on the current market upswing.”

 


Foley noted that Gulfstream, which in the fourth quarter reported its best order activity since 2008, cannot add more production capacity until 2023 due to a temporary wing shortage. Thus, he said, the Savannah, Georgia-based company expects to produce 124 jets in 2022, just five more than it did last year, during a time of increasing demand.

 


“Competitor Bombardier isn’t in much better shape to capture the market upswing right away,” Foley added. Despite backlogs swelling by $1.5 billion last year, 2022 deliveries are only ramping up by a “little bit.” While Bombardier said it is just being "conservative," Foley believes the company does not want to further increase already high debt levels by spending more on procurement and capacity expansion. Another factor is the closure of its Learjet production line last year.

 


However, he said, Gulfstream and Bombardier are anticipating a 15 to 20 percent production increase next year, which will help pave the way to break the 900-unit-per-year barrier.

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

Foley: Bizjet Shipments To Reach 900 Annually by 2025

Industry analyst Brian Foley is calling for business jet shipments to “get out of their 700-unit-per-year rut and approach 900 units as soon as 2024."

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News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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