With OEM backlogs stabilized at $53 billion at the end of the first quarter, business jet deliveries are expected to reach 820 in 2025, marking an 8% year-over-year (YOY) improvement, according to Rolland Vincent, president of Rolland Vincent Associates and creator/director of JetNet iQ. At the same time, however, a JetNet iQ survey in the second quarter revealed growing pessimism among operators, as well as an uptick in the potential for order cancellations or deferrals.
OEM order backlogs at the end of the first quarter were collectively down 1% from the end of 2024, but still almost 60% above the $33.3 billion pre-pandemic combined backlog at the end of 2019. The current tally is also a sharp rebound from the $27.3 billion low point at the height of the pandemic in 2020.