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Business jet

A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates. Business jets are generally designed for faster air travel and more personal comfort than commercial aircraft, and may be adapted for other roles, such as casualty evacuation or express parcel deliveries, and some are used by public bodies, government officials, VIPs, or even the military.

History
Early developments The first small, jet-powered civilian aircraft was the Morane-Saulnier MS.760 Paris, developed privately in the early 1950s from the MS.755 Fleuret two-seat jet trainer. First flown in 1954, the MS.760 Paris differs from subsequent business jets in having only four seats arranged in two rows without a center aisle, similar to a light aircraft, under a large sliding canopy similar to that of a fighter. A U.S. type certificate was awarded in July 1958, but commercial sales were limited, with most examples going to the military; an improved civilian version similar to a modern very light jet, with a six-seat enclosed cabin and a conventional door, never proceeded past the prototype stage. The commercial failure of the MS.760 Paris prompted the cancellation of projects by Cessna and Douglas Aircraft to market similar jets. 1950s first flight The Morane-Saulnier MS.760 Paris had a gross weight of , initially powered by two Turboméca Marboré turbojets of thrust, although most aircraft were later upgraded to units. The aircraft seated a single pilot and up to three passengers under a sliding canopy, and was first flown on 29 July 1954; 219 were built. is the earliest business jet with a center aisle. The Lockheed JetStar, designed to meet USAF UCX requirements and seating 10 passengers and 2 crew, first flew on 4 September 1957. In total, 204 aircraft were produced from 1957 to 1978 powered by several different engines; four Pratt & Whitney JT12 turbojets, then Garrett TFE731 turbofans for a maximum take-off weight (MTOW), then two General Electric CF700 turbofans. The smaller, MTOW North American Sabreliner, tailored to the USAF UTX requirement, first flew on 16 September 1958. Powered by two Pratt & Whitney JT12 turbojet engines then Garrett TFE731s, more than 800 were produced from 1959 to 1982. Designed in 1957 for the UCX requirement, the McDonnell 119 was delayed by the cancellation of the Fairchild J83 engine program, and first flew on 11 February 1959 powered by four Westinghouse J34 turbojets. The 119 was certified for a MTOW with four Pratt & Whitney JT12 or General Electric CF700 engines, but no firm orders were received, and only the single prototype was completed. 1960s first flight was the first light jet. in 1966. The MTOW British Aerospace 125 first flew on 13 August 1962 as the de Havilland DH.125, powered by two Armstrong Siddeley Viper turbojets. Its engines were replaced by Garrett TFE731s, then Pratt & Whitney Canada PW300 turbofans. Almost 1,700 aircraft of all variants, including the Hawker 800, were produced between 1962 and 2013. The Aero Commander 1121 Jet Commander, which later became the IAI Westwind, first flew on 27 January 1963, powered by two General Electric CJ610 turbojets, then Garrett TFE731s. Production of Jet Commanders and Westwinds from 1965 to 1987 came to 442 aircraft, and it was developed as the IAI Astra, later rebranded as the Gulfstream G100. The MTOW Dassault Falcon 20 first flew on 4 May 1963, powered by two General Electric CF700s, then Garrett ATF3 turbofans and Garrett TFE731s. In total, 508 were built from 1963 to 1988, and it is the basis of the Dassault Falcon family. The first light jet first flew on 7 October 1963 - the Learjet 23. Powered by two General Electric CJ610s, its MTOW complies with FAR Part 23 regulations. The first member of the Learjet family, 104 were built between 1962 and 1966. The forward wing-sweep, MTOW Hamburger Flugzeugbau HFB 320 Hansa Jet first flew on 21 April 1964, powered by two General Electric CJ610s; 47 were built between 1965 and 1973. The joint Piaggo-Douglas, MTOW Piaggio PD.808 first flew on 29 August 1964, powered by two Armstrong Siddeley Vipers; 24 were built for the Italian Air Force. On 2 October 1966 the first large business jet first flew, the MTOW Grumman Gulfstream II, powered by two Rolls-Royce Spey turbofans. From 1967 to the late 1970s, 258 were built, and it led to the ongoing Gulfstream Aerospace long-range family. The MTOW Cessna Citation I first flew on 15 September 1969, powered by two Pratt & Whitney Canada JT15D turbofans. Produced between 1969 and 1985, for a total of 689 examples, it is the first of the Cessna Citation family. 1970s first flight The trijet Dassault Falcon 50 made its first flight on 7 November 1976. The MTOW airplane is powered by three TFE731 engines. With the cross-section of the Falcon 20, it is the basis of the larger Falcon 900. On 8 November 1978, the prototype Canadair Challenger took off. The MTOW craft, usually powered by two General Electric CF34s, formed the basis of the long range Bombardier Global Express family and of the Bombardier CRJ regional airliners. The 1000th Challenger entered service in 2015. On 30 May 1979 the all-new MTOW Cessna Citation III took off for the first time, powered by two TFE731s. The Mitsubishi MU-300 Diamond made its first flight on 29 August 1978. The MTOW jet was powered by two JT15D. The design was later sold and was renamed Beechjet 400 then Hawker 400, with a total of 950 produced of all variants. 1980s first flight The 1980s only saw the introduction of derivatives and no major new designs. The late 1980s saw the advent of fractional ownership for business jets. For much of the 1980s, sales of new aircraft slumped. 1990s first flight On 29 April 1991, the Cessna CitationJet was first flown. Powered by two Williams FJ44 engines, the light jet used a modified Citation II fuselage with a new wing and tail, and was subsequently developed into the CJ series and M2, ultimately replacing the Citation I, Citation II and Citation V series. The 2,000th CitationJet was delivered in 2017. The first flight of the all-new Learjet 45 was on 7 October 1995. All of the 642 aircraft built since then have been powered by two TFE731 engines. Powered by two Williams FJ44s, the Beechcraft Premier I light jet made its first flight on 22 December 1998. Nearly 300 had been made before production stopped in 2013. 2000s first flight In the opposite way compared to Bombardier, which developed airliners from a business jet, Embraer derived the Legacy 600 from the Embraer ERJ family of regional jet airliners. Powered by two Rolls-Royce AE 3007s, the first flight of the aircraft was on 31 March 2001. M On 14 August 2001, the Bombardier Challenger 300 made its first flight. The aircraft is powered by two HTF7000s. The 500th example was delivered in 2015. The first very light jet, the MTOW Eclipse 500, took off for the first time on 26 August 2002, powered by two Pratt & Whitney Canada PW600s. Between then and the end of production in 2008, 260 were produced. Another new small jet, the Honda HA-420 HondaJet, first flew on 3 December 2003 powered by two GE Honda HF120 engines mounted above the wing in a configuration unique amongst business jets. As of March 2020, 150 had been delivered. It was followed by the MTOW Cessna Citation Mustang on 23 April 2005, powered by two Pratt & Whitney Canada PW600s and with more than 450 produced. The Embraer Phenom 100 made its maiden flight on 26 July 2007. The MTOW airplane is powered by two Pratt & Whitney Canada PW600s. With its Phenom 300 development, nearly 600 have been built. 2010s first flight The first flight of the midsize, fly-by-wire, Honeywell HTF7000-powered Embraer Legacy 500 was on 27 November 2012. It was followed by the shorter Legacy 450 on 28 December 2013. New models prototype in 2018 After peaking in 2008, deliveries slowed due to political instability but the industry hopes to revive demand by introducing more attractive and competitive new models, four in 2018: • the range Bombardier Global 7500 large-cabin jet, before the Global 8000 in 2019; • the large-cabin Gulfstream G500, replacing the Gulfstream G450, then the longer, G600 eventually superseding the G550; • the Cessna Citation Longitude super midsize jet; • the superlight Pilatus PC-24. In October 2018, consultant Jetcraft expected 20 variants or new designs to enter service before 2023 (seven large, seven midsize and six small): in 2019 the Global 5500/6500, Gulfstream G600, Citation XLS++ and a CitationJet CJ4+/, while the Embraer Praetor 500/600 to be introduced in 2019 were predicted for 2021/2022; in 2020 a Gulfstream G750; in 2021 the Dassault Falcon 6X, Learjet 70XR/75XR and Global 7500XR; in 2022 the Bombardier Challenger 350XRS; in 2023 the Citation Hemisphere, an Embraer Legacy 700, Phenom 100V+, Dassault Falcon 9X, Bombardier Challenger 750 and Gulfstream G400NG; in 2025 a Citation Mustang 2+. == Configuration ==
Configuration
Most production business jets use two jet engines as a compromise between the operating economy of fewer engines and the ability to safely continue flight after an engine failure. Exceptions include the early Lockheed JetStar with four engines; the Dassault Falcon 50 and derivatives with three; and the Cirrus Vision SF50 with one, a configuration also used in several similar very light jet design concepts. Most business jets use podded engines mounted on the rear fuselage with a cruciform tail or T-tail to reduce interference drag and increase exhaust clearance. Practical limits on the ground clearance of these smaller aircraft have prompted designers to avoid the common jetliner configuration of a low wing with underslung podded engines. The sole business jet to use this layout, the early McDonnell 119, was rejected by the USAF due to foreign object damage concerns, leading to the failure of the program. The recent HondaJet uses wing-mounted engines but mitigates this problem with its unique over-the-wing engine pods. As with jetliners, swept wings are often used to increase cruise speed, but straight wings are also commonplace; notably, Cessna deliberately prioritized docile low-speed handling in choosing straight wings for many models in its popular Citation family, envisioning that owners transitioning from slower piston engined or turboprop aircraft would want to maintain the ability to use relatively short runways, and that lower approach speeds would ease single-pilot operations, particularly by relatively inexperienced owner-pilots. Rolls-Royce plc powers over 3,000 business jets, 42% of the fleet: all the Gulfstreams and Bombardier Globals, the Cessna Citation X and Embraer Legacy 600, early Hawkers, and many small jets with the Williams-Rolls FJ44. == Market ==
Market
clogged with business jets Fleet About 70% of the fleet was in North America at the end of 2011, the European market is the next largest, with growing activity in the Middle East, Asia, and Central America. On 1 April 2017, there were 22,368 business jets in the worldwide fleet, of which 11.2% were for sale. By October 2018, the entire private jet fleet was dominated by Textron (Beechcraft, Cessna and Hawker branded aircraft) with 43.9%, then Bombardier with 22.4%, Gulfstream with 13.0%, Dassault with 9.6% and Embraer with 5.8%, mostly in North America (64.6%), followed by Europe (13.0%) South America (12.1%) and Asia-Pacific (5.9%). As on March 31, 2019, there are 22,125 business jets in the worldwide fleet and top 20 country markets account for 89% of this total fleet. Market shares In 2015 the total airplane billing amounted to US$21.9 billion, and 718 business jets were delivered to customers across the globe: 199 (%) by Bombardier Aerospace, 166 (%) by Textron Aviation, 154 (%) by Gulfstream Aerospace, 120 (%) by Embraer and 55 (%) by Dassault Aviation. In 2022, 712 business jets were shipped, led by Gulfstream with $6.60 billion for 120 aircraft, Bombardier with $6,04 billion for 123, Textron Aviation with $3,62 billion, Dassault Aviation with $1,76 billion for 32, Embraer with $1,36 for 102 and Pilatus with $900 million for 123 aircraft. Business jets have varying value retention, between the leading Embraer Phenom 300E, sold for $9.45 million in 2018 and expected to retain 68% of its value 15 years later for $6.46 million in 2033, and the trailing $24.5 million Gulfstream G280, predicted to retain 42% of its value for $10.25 million. Forecasts In October 2017 Jetcraft forecast 8,349 unit deliveries in the next decade for $252 billion, a $ million average. Cessna should lead the numbers with 27.3% of the deliveries ahead of Bombardier with 20.9%, while Gulfstream would almost lead the revenue market share with 27.8% trailing Bombardier with 29.2%. For 2016–2025, Jetcraft forecast Pratt & Whitney Canada should be the first engine supplier with 30% of the $24 billion revenue, in front of the current leader Rolls-Royce at 25%. Honeywell will hold 45% of the $16 billion in avionics revenue ahead of Rockwell Collins with 37% and Garmin. For 2019–2028, Honeywell predicts 7,700 aircraft to be delivered for $251 billion.