Honeywell sees steady demand for business jets over the next decade ...Middle East

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Honeywell sees steady demand for business jets over the next decade
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A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights Oct 15 (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell (HON.O) said on Sunday, as the engine maker projected deliveries of about 8,500 new planes through 2033. The forecast is consistent with Honeywell’s rolling 10-year projection provided last year, but the value of jets expected to be delivered has increased by $4 billion to $278 billion, the company said in its annual Global Business Aviation Outlook. Private

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