Growth in the market for business jets is anticipated to reach a CAGR of over 1% during the 2020-2025 period – slightly down from predictions last year.
Demand is fuelled by growth in tourism, charter service providers introducing new routes and expanding their presence, globally. Technological advancements in avionic systems and interior cabin products are likely to support the growth of the business jet market.
Again growth in high net worth individuals is expected to generate demand for newer generation business jets. New product launches, expansion in emerging economies and long-term agreements are some of the major strategies adopted by major business jet OEMs.
This is according to the website https://www.mordorintelligence.com/industry-reports/business-jet-market.
This year World Airnews focuses on large jets that have a range of more than 5 000 nm and procurement of ultra-long range jets is on a rise holding a major share in the business jet market, globally.
Some of the prominent aircraft models in this range are Gulfstream G650/650ER, Dassault’s Falcon 7X, and Boeing’s BBJ 777/787. Bombardier Business Aircraft, Gulfstream Aerospace Corporation and Textron Inc. are expected to have higher deliveries, with Dassault Aviation SA and Embraer Executive Jets following close behind.
Major players offer seats with varying capacities, based on the type and who is hiring them. Business jets used by tourists and business class passengers have higher seating capacity, compared to others. Apart from domestic and commercial applications, country-specific military bases and civilian operators deploy business jets for long and short hauls.
NORTH AMERICA LEADS BUT AFRICA IS RISING
Presently, North America dominates the business jet market and is one of the premium areas for business jet operations. However, the market is beginning to saturate, which has shifted the focus of OEMs toward the Middle East & Africa markets. The Middle East & Africa business jet market is evolving with rising investments in general aviation airport infrastructures. Also, the growth in the number of high net worth individuals, particularly in the Middle-East, is turning the market into a lucrative one, for both the business jet service providers and the OEMs. Hence, the Middle East & Africa business jet market is anticipated to register the highest CAGR during the forecast period.
The business jet market is highly competitive and a few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets. For instance, starting in 2018, Pilatus delivered the first of six PC-24s to its launch customer PlaneSense. The PC-24, also known as Super Versatile Jet, has a range of about 1,188 Nm. Likewise, Honda Aircraft Company introduced its HondaJet HA-420 with first delivery in 2016. By the end of October 2018, the company built over 90 aircraft.
What follows is a brief summary of the different types of large cabin jets on the market at present. If some are not here they may be out of production. We have attempted to make the summary as all inclusive as possible – space permitting. World Airnews has focused on the large cabin aircraft that can carry from 8 to 14 passengers and have a range of more than 5 000nm. With these long-range private jets, anything is possible. The list is not final and is not presented as an authority – rather as an overview. Readers should be aware that that the information is accurate at the time of going to press. Potential buyers or sellers should approach their nearest distributor for more information.
AIRBUS CORPORATE JETS
The ACJ319neo – one of two ACJ versions based on the best-selling A320neo (new engine option) family product line – retains all of the advantages of Airbus corporate jets – including the widest and tallest cabin of any business jet. With new engines and Sharklets, the ACJ319neo delivers better range and better comfort. In addition, it offers a lower cabin altitude, equivalent to an average of less than 6,400 ft – delivering an atmosphere that is even closer to that experienced on the ground for enhanced passenger comfort.
Together with the Italian hypercar Atelier Pagani Automobili, ACJ created the Infinito cabin which offers style and technology. A key feature being the sky ceiling, which brings a live view of the sky above the aircraft into the cabin or which can be used to display other images.
The ACJ319neo can fly eight passengers 6,750 nm/ 12,501 km or 15 hours non-stop.
BOMBARDIER CHALLENGER 605
Bombardier’s Challenger series, perhaps its most successful line, has become better with experience. Because the original Challenger was so successful, Bombardier continues to use its general design while incorporating up-to-date technology and improvements on well-received components. It would be a challenge, pun intended, to fill the shoes of the Challenger 604, the “best-selling model in the heavy-iron category.” However, the Challenger 605 maintains every praised feature of its predecessor, adding freedom, innovation and performance capabilities.
BOMBARDIER GLOBAL 5500
The Global 5500 business jet offers a blend of innovation, style and comfort. With its next-generation leading-edge wing technology and purpose-built Rolls-Royce Pearl 15 engines, the Global 5500 aircraft gives passengers a chance to fly faster and farther. Meticulously designed and crafted with exquisite finishes and high-end craftsmanship, the Global 5500 aircraft features several innovations, including the unique Nuage seat.
Taking performance to new heights that sets the Global 5500 apart from the competition. The aircraft has an impressive range capability of 5,900 nm (10,928 km), enabling passengers to connect to Sao Paulo to Paris or from Los Angeles to Moscow non-stop with a speed of M 0.90. The re-imagined wing brings flexibility and redefined aerodynamics ensures a smooth ride from take-off to landing.
For pilots, the Bombardier Vision Flight Deck with Combined Vision System (CVS) takes safety and efficiency to new heights. The system is the first to overlay infrared and synthetic terrain imagery for a true combined vision that clears the way for a smooth landing in the most challenging conditions.
For entertainment a key component of the Global experience is the 4K-enabled cabin with in-flight connectivity and an intuitive cabin management system.
BOMBARDIER GLOBAL 6500
The Global 6500 aircraft is the perfect combination of beauty and brawn. The aircraft has a maximum range of 6,600 nm (12,223 km) and top speed of Mach .90, enabling passengers to fly from Hong Kong or Singapore to Toronto and from Toluca to Madrid non-stop. It has the same re-imagined wing design as the 5500. Pilots also enjoy the Vision Flight Deck and Combined Vision System and cabin entertainment comes with a 4K-enabled system offering in-flight connectivity.
BOMBARDIER GLOBAL 7500
The Global 7500 aircraft stands alone as the world’s largest and longest range business jet. Within its luxurious interior are four true living spaces, a full size kitchen and a dedicated crew suite. Engineered for total performance and featuring an industry leading 7,700 nm range, no other business jet offers the Global 7500 aircraft’s ultimate combination of range, speed, field performance and smooth ride. GE Passport engines power it to a top speed of Mach 0.925 with dependable reliability and improved fuel efficiency. Remarkable steep approach support will make the Global 7500 jet the largest business aircraft to access London City Airport. Combined with exceptional braking, the performance of the Global 7500 rivals that of much smaller aircraft. A cutting-edge wing design with outstanding wing loading enables the Global 7500 aircraft to deliver a smooth ride.
DASSAULT FALCON 7X
The Falcon 7X was the first business jet with a digital flight control system. Launched in 2001, the 5,950 nm Falcon 7X features an advanced wing design which offered a dramatic increase in lift-to-drag ratio. The aircraft has an MMO of Mach 0.90, allowing quicker climbs and descents, as well as low-level dashes on short legs. It is powered by three Pratt & Whitney Canada 307A engines, rated at 6,400 lb thrust each. The 7X, which passed the 270 aircraft production mark, is the company’s fastest-ever selling business jet. Recently the Falcon 7X fleet accumulated more than 500,000 flight hours and operated in over 40 countries.
DASSAULT FALCON 8X
The very-long-range Falcon 8X can connect Paris to Hong Kong and Los Angeles to Beijing with no stopovers. The Falcon 8X is the crown jewel of Falcon customer experience. It has the longest cabin in the family and also offers the best soundproofing for unrivalled comfort. The 8X has a range of 6,450 nautical miles, which means it is capable of non- stop flights between Beijing and New York, Singapore and London, or São Paulo and Moscow. It can also be operated out of airports that are inaccessible to most competitors, such as London City, from which it can take off for a non-stop flight to New York. And it’s 30% more eco-efficient that other aircraft in its class.
The Falcon 8X also features the FalconEye combined vision system, enabling it to fly approaches under reduced visibility conditions with exceptional safety and reliability because of the combined display with a map based on amplified infrared images collected by the airplane itself. FalconEye was certified in 2018 for approaches under low visibility up to 100 feet. A configuration with a dual head-up display will be available in 2020.
The G500 represents a generation of innovation in the business-jet industry. Its Symmetry Flight Deck provides safety enhancements, including the first electronically linked active control side sticks in civil aviation and the most extensive use of touch screens. The cabin features advanced ergonomics and aesthetics and features customised furnishings, a healthy cabin environment and 14 Gulfstream panoramic oval windows.
The G500 entered service in September 2018 and can travel 5,200 nautical miles/9,630 kilometres at Mach 0.85 and 4,400 nm/8,149 km at Mach 0.90. Its maximum operating speed is Mach 0.925.
Gulfstream Aerospace delivered their 600th Gulfstream G550 to a customer last year. The milestone delivery was celebrated by Gulfstream employees at the company’s Brunswick, Georgia facility.
More than 20 percent of Gulfstream aircraft in service are G550s. This aircraft entered service in 2003, with a PlaneView flight deck featuring Gulfstream’s Enhanced Flight Vision System.
Equipped with two Rolls-Royce BR710 engines, the G550 can fly 6,750 nautical miles/12,501 kilometres at Mach 0.80, connecting Tokyo with Palm Beach or Shanghai with London. The cabin offers numerous configurations and can seat up to 19 passengers and sleep up to 8. The G550 can also be outfitted for a variety of government applications, including aero medical evacuation, head-of-state transport, airborne early warning, atmospheric research and maritime patrol.
The G600 captured a city-pair speed record from Savannah to Riyadh, Saudi Arabia – a distance of 6,553 nautical miles, completed in just 12 hours and 30 minutes. Pending approval by the U.S. National Aeronautic Association, this record will be sent to the Federation Aeronautique Internationale in Switzerland for recognition as a world record. The G600 entered service on Aug. 8, 2019, can fly 6,500 nautical miles/12,038 kilometres at Mach 0.85 and 5,500 nm/10,186 km at Mach 0.90. Its maximum operating speed is Mach 0.925.
The G600 has a long, wide cabin and can be configured for up to four living areas, including the option for a fixed bed. It features the Symmetry Flight Deck, which includes active control sidesticks and 10 touch screens, both industry firsts.
Gulfstream’s flagship, the four-living-area G650ER, has a range of 7,500 nautical miles/13,890 kilometres at its long-range cruise speed of Mach 0.85. The G650ER provides more high-speed range utility with 6,400 nm/11,853 km at Mach 0.90.
The G700 is the most spacious with the longest range at the highest speed. Launched at the October 2019 at the National Business Aviation Association Business Aviation Convention & Exhibition, the G700 offers a high-speed range of 6,400 nautical miles/11,853 kilometres at Mach 0.90 and a long-range cruise of 7,500 nm/13,890 km at Mach 0.85. The aircraft’s maximum operating speed is Mach 0.925. The G700’s Symmetry Flight Deck features safety enhancements such as active control sidesticks, touch screen technology and predictive landing performance system.
It has up to five living areas and a six-place dining or conference table. The G700 also introduces the most advanced and only true circadian lighting system in aviation that accurately simulates sunrise and sunset and greatly reduces the physical impact of ultra-long-range travel.
The G700 will embark on a European tour of Switzerland, France and the UK.