"Stringent Travel Restrictions to Contain COVID-19 to Impede Market Growth" The business jet market growth has hit a roadblock in the form of the COVID-19 pandemic. Governments around the world have imposed strict travel restrictions for non-essential journeys to contain the spread of the coronavirus. For example, in March 2020, the European Union (EU) issued extensive travel bans to and from Europe, especially for countries where COVID cases were rising rapidly. However, the demand for executive aircraft is picking up again, though at a sluggish pace. Embraer, for instance, reported decent earnings of USD 130 million in the Second Quarter of 2020, stating that business jet demand is stabilizing worldwide. Increasing business aircraft deliveries worldwide will be a key growth determinant for this market, finds Fortune Business Insights™ in its report, titled “Business Jet Market Size, Share & Industry Analysis, By Business Jet Type (Very Light Jet, Light, Super-Light, Mid-size, Super-Mid-Size, Large, Super Large, Ultra Long Range, and Converted Airliners), By Platform (On-Demand Service, Aircraft Management Services, and Leasing), By System (Propulsion System, Aerostructures, Avionics, and Others), By End-Use (Private and Operators), By Point of Sale (OEM and Aftermarket), and Regional Forecast, 2020-2027”.