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New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.
After announcing plans to expand to Southeast Asia and India last year, HondaJet fractional fleet operator Jet It says it is now headed north to Canada.
Glory days, well, they’ll pass you by
Glory days, in the wink of a young girl’s eye
– Bruce Springstein
No doubt, many of those involved in manufacturing private jets recall fondly 2008. That’s when the industry delivered 1,317 new business jets. It was an increase from 2007’s then-record mark of 1,137 new private jets delivered. That busted the 2006 numbers, also a then-record of 887 units delivered.
With the Great Recession, deliveries of new private jets dropped to 874 units in 2009, even more to 767 in 2010, then 696 in 2011, before bottoming out in 2012 at 672 aircraft.
Wing Spirit, Inc., a start-up charter operator, today said it has purchased 15 HondaJets to support inter-island transportation in the Hawaiian Islands. Earlier this month it received its first two aircraft.