Wednesday, October 15, 2008

Phoenix-based Honeywell Aerospace Sees Strong Demand for Private Jets

It's nice to know that despite the economic outlook, some businesses still see strong consumer demand which is hopeful for other businesses including franchises that may have related or supporting goods or services. According to this article, "Despite the global downturn, soaring demand for business jets is projected to generate more than $300 billion in sales over the next decade, which could support thousands of jobs at aerospace companies in Arizona and around the world. Phoenix-based Honeywell Aerospace's annual business aviation outlook forecasts delivery of 17,000 new business aircraft from 2008 through 2018."