Business jet deliveries jumped by 20 percent in the emerging Europe, Middle East and Africa (EMEA) region in 2016 but those gains were offset by drops in most other regions, leading to the 8 percent overall decline, according to the latest analysis by UBS.
The market remains “heavily skewed” toward North America, UBS said, as the region accounts for 63 percent of the total deliveries, including 74 percent of the small and mid-cabin jets and 44 percent of the large jets. Deliveries were down 9 percent overall in North America in 2016.

Leading that dro in North America were large-cabin deliveries, down 34 percent. “Large-cabin deliveries in North America had recovered strongly from the 2010 low to new high in 2015 before pullback in 2016, even as small/mid [size jets] in North America continued to improve,” UBS said. Mid-cabin-jet shipments were down by just 3 percent, while light-jet deliveries improved by 8 percent in the region on the year.

Business jet deliveries dropped most in Western Europe, down 13 percent. The region now accounts for 15 percent of total deliveries, down from 24 percent during the peak 2007-2008 years.

Deliveries fell another 10 percent in Latin America, driven by a 32 percent dro in large-cabin airplanes. Deliveries slid 5 percent in China and India for the year, but those countries are still a tiny percentage of overall deliveries at 3 percent. As they did in most other regions, large-cabin-jet deliveries dropped in those countries as well, by 5 percent in 2016.

While large-cabin-jet deliveries were down 21 percent overall worldwide, they did increase by 22 percent in the emerging EMEA region.