Private jet makers tout emission-fighting efforts, backlogs at air show

Planemakers will trot out their latest models and efforts to reduce emissions at the world's largest corporate jet show this week, as a boom in private travel faces pressure over climate, supply chain woes and economic uncertainty. The National Business Aviation Association (NBAA) show starts on Tuesday in Orlando in the shadow of a United Nations aviation goal set this month to achieve net-zero emissions by 2050. It will also test the strength of business jet demand, which surged during COVID-19 and swelled order backlogs, but could now face a softer economy. The media event on Monday was light on order announcements, with an executive at one jet maker saying they have no planes available due to lengthy backlogs. Dassault Aviation CE Eric Trappier said on Monday he sees a slower economy but no impact yet on orders. "It's slowing down a little bit," Trappier told Reuters on the sidelines of the show. "Is it the start of a crisis or not? It's hard to say because the demand is strong." Honeywell International has forecast up to 8,500 new business jet deliveries worth $274b from 2023 to 2032, up 15% from last year's outlook. While demand remains strong, there is hesitation among some buyers, said Zipporah Marmor, incoming chair of the International Aircraft Dealers Association. "Those who can wait are waiting to see what the new year brings, to see if there will be more inventory, to see if there will be a softening of pricing," said Marmor.<br/>