Airbus Corporate Jets (ACJ) has released a survey indicating a significant increase in demand for large business jets, with 62% of U.S.-based financiers and private jet brokers attributing this surge to the retirement of older aircraft and the introduction of new midsize and heavy jet models. The survey reveals that 96% of respondents agree that the demand for large and midsize jets is growing faster than other categories. Furthermore, the economic contribution of business aviation is projected to rise from $150 billion to approximately $182.8 billion by the late 2020s, with 85% of participants acknowledging the sector's critical role in accessing over 5,000 public-use airports across the U.S. Additionally, 89% of senior executives expect the use of sustainable aviation fuel (SAF) to increase over the next five years, with 56% anticipating a significant rise. Notably, 87% believe that the adoption of SAF will further boost business aircraft sales. SAF is recognized for its potential to reduce CO2 emissions by up to 80% compared to traditional jet fuel, aligning with the industry's broader sustainability goals. Airbus aims to incorporate 15% SAF in its fuel mix by the end of 2024, increasing this to 30% by 2030, with all Airbus aircraft expected to be capable of 100% SAF operation by that year. This aligns with Boeing's recent forecast of a demand for 44,000 new commercial airplanes by 2043, indicating a robust growth trajectory for the aviation sector. The survey also highlights that over 60% of financiers and brokers anticipate a surge in sales of large business jets, driven by upgrades to new-generation models. Additionally, two-thirds of executives expressed openness to utilizing aircraft for philanthropic purposes, reflecting a growing trend towards corporate social responsibility in aviation. [91dcd6e5][02a0f3de][26044137][aed8a3f7]