The FAA is predicting that the piston aircraft market will continue a long slide over the next 10 years and will average a decline in numbers and hours flown of 0.1% per year over the next 20 years. At the same time, turbine business aircraft are expected to increase at an average rate of 2.9% per year, the FAA says in its 20-year forecast that runs through 2032. Correspondingly, turbine aircraft hours are expected to pick up 4% per year, eclipsing the total number of piston hours by the end ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "FAA Lowers Piston Aircraft Forecast, But Sees Rebounding Turbine Market".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.