Vyte Klisauskaite from Simple Flying – Reports
- SUMMARY
Dassault Aviation’s business jet segment, Dassault Falcon, reported revenues of €2.1 billion ($2.3 billion) and delivered 32 Falcon business jets in 2022.
- Embraer’s executive jets revenue grew by 8% to $4.5 billion in 2022, and its Phenom 300E was the best-selling light business jet with 59 units delivered.
- Bombardier, known for its Global and Challenger models, reported a revenue of $6.9 billion and delivered 123 jets in 2022, solidifying its position as a leader in the private jet market.
Private jet manufacturers wield significant influence within the business jet industry. Over the years, numerous private jet companies have emerged, with some of them garnering considerable clout. But which are the world’s largest private jet manufacturers?
There are multiple ways to measure the scale of a large private jet company, which include assessing its revenue, the number of aircraft delivered, the number of customers served, and the variety of aircraft types designed. In this evaluation, we will consider all of these factors using the latest data provided by companies in their annual financial reports.
Dassault Aviation
Dassault Aviation, a French manufacturer of military and business jets, boasts a dedicated executive jets segment known as Dassault Falcon. In 2022, the company’s business jets segment reported a revenue of €2.1 billion ($2.3 billion) and delivered 32 Falcon business jets. Dassault’s fleet of business jets include Falcon 6X, Falcon 900LX, Falcon 2000LXS, Falcon 8X, and Falcon 10X.
Embraer
When you think of Embraer, commercial aviation is likely the first thing that comes to mind. However, the Brazilian plane maker is also renowned for its executive jets segment of the business. In 2022, the company’s executive jets revenue grew by 8%, reaching $4.5 billion. Embraer builds four business jet models, from very light to mid-sized planes (Phenom 100EV, Phenom 300E, Praetor 500, and Praetor 600).
Per the company’s statement, the Embraer Phenom 300E is the world’s best-selling light business jet, with a delivery of 59 units in 2022. In total, Embraer delivered 102 business jets in the same year.
Textron Aviation
Textron, well-known for its predominance in general aviation (GA), also boasts a strong presence in the business jets segment. Textron Aviation is home to the Cessna and Beechcraft aircraft brands.
In 2022, the company delivered a total of 178 jets, with the Cessna Citation jet being the most popular series of business aircraft. The American planemaker did not specify the exact revenue figure for its business jet segment, but instead, it disclosed the total revenue for the entire aviation segment, which amounted to $6.3 billion in 2022.
Bombardier
Bombardier, the Canadian business jet manufacturer, has garnered global recognition for its Global and Challenger models, known for their impressive range of capabilities. In the fiscal year 2022, the company reported a revenue of $6.9 billion. Solidifying its position as a leader in the private jet market, Bombardier demonstrated its manufacturing prowess by delivering 123 jets during the same period.
Gulfstream Aerospace
Gulfstream Aerospace, an American business jet manufacturer, reported a revenue of $8.5 billion in 2022. During the same year, they delivered 120 business jets, showing a slight increase of one compared to the previous year. Looking ahead, Gulfstream anticipates delivering 145 business jets by the end of 2023.
Gulfstream, owned by General Dynamics, is renowned for producing a range of mid-sized and large-cabin executive jets, such as the G500, G550, G600, G650, and G650ER models.