(Photo by: ... [+] aviation-images.com/Universal Images Group via Getty Images) Universal Images Group via Getty ImagesDespite softer demand in the commercial aviation space, the forecast for corporate jets remains somewhat strong. The data comes as part of a broad, annual survey that Honeywell conducts to gauge the demand for corporate jets. Corporate jet demand, by contrast, appears to have only suffered a minor setback. Part of the discrepancy in demand in corporate versus commercial jets may simply be due to the operating environment for each sector. Regardless of that benefit, the Honeywell survey does reflect the caution that even the private market is seeing, with 82% of respondents admittedly flying less this year.

Source: Forbes October 10, 2020 18:45 UTC