On a brighter note, Forecast International projects that business jet production will resume growing (albeit slowly) in 2012, after declining each of the previous three years. A new study issued by the Connecticut market research firm, “The Market for Business Jet Aircraft,” predicts that 10,907 business jets worth an estimated $230.3 billion (in constant 2011 U.S. dollars) will be produced between 2011 and 2020. According to Forecast International senior aerospace analyst Raymond Jaworowski, “Business jet production in 2012 will show some minor improvement over 2011, but more substantial growth in build rates will have to wait until 2013.” Production is forecast to total 728 units in 2012, signaling the start of a gradual, though potentially long-lasting, market recovery. The anticipated recovery is expected to be quite measured in its pace, with the 2008 production total of 1,313 business jets not expected to be equaled until 2018. Manufacturers have a number of new business jets in development. These range from the Citation M2 light jet up to ultra-long-range models such as the Global 7000 and 8000 and the Gulfstream G650. The manufacturers are hoping that the new models will not only benefit from the improved market conditions expected in the future, but also contribute to the recovery themselves by stimulating demand. According to Forecast International, the worst of the industry downturn is over, but much of the business jet market remains sluggish, especially the light and medium jet segments of the market. Demand is considerably stronger at the top end of the market, in the large-cabin and long-range sectors.