Honeywell’s 29th annual Global Business Aviation
Outlook forecasts up to 7,300 new business jet deliveries worth
$235 billion from 2021 to 2030, down 4% in deliveries from the
same 10-year forecast a year ago.
Despite the dip, 4 out of 5 business jet
operators in the survey indicate that purchase plans have not been
affected by the ongoing global COVID19 pandemic. Short-term
reductions in both deliveries and expenditures due to
Both CBRE and STR and Tourism Economics are forecasting recoveries for the hotel industry in 2023 or 2024. But for many hotel owners across the country, there are still very rough waters ahead.
A late August report from the American Hotel & Lodging Association offers a sobering nationwide snapshot of a sector with four out of 10 hotel employees nationwide still out of work and 65% of hotels at 50%
U.S. airlines received $25 billion of payroll stimulus help from the government back in April. Now that relief is set to expire this week, the near future for the industry is little improved, and now its workers are desperate for another $25 billion in government help.
Delta Air Lines, United Airlines, and American Airlines all have plans to lay off or furlough tens of thousands of airline employees this week
![American Airlines plane on ramp in Chicago Airport.](https://www.msn.com/{"default":{"load":"default","w":"27","h":"27","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB11NZcY.img?h=270&w=270&m=6&q=60&o=f&l=f"}})
The U.S. Global Jets ETF (NYSEARCA:JETS) – whose top holdings include Delta (NYSE:DAL), Southwest (NYSE:LUV), American Airlines (NYSE:AAL) and United Airlines (NYSE:UAL) – has tumbled in 2020 as the novel coronavirus pandemic has left airports globally looking like ghost towns.
![a close up of a plane: American Airlines plane on ramp in Chicago Airport.](https://www.msn.com/{"default":{"load":"default","w":"73","h":"40","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB11O4V4.img?h=400&w=728&m=6&q=60&o=f&l=f"},"size3column":{"load":"default","w":"62","h":"34","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB11O4V4.img?h=343&w=624&m=6&q=60&o=f&l=f"},"size2column":{"load":"default","w":"62","h":"34","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB11O4V4.img?h=343&w=624&m=6&q=60&o=f&l=f"}})
© Provided by InvestorPlace
American Airlines plane
