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FARNBOROUGH, United Kingdom, July 16, 2022 /PRNewswire/ — With demand rebounding for worldwide air journey following ongoing restoration in lots of home markets, Boeing [NYSE: BA] immediately projected demand for greater than 41,000 new airplanes by 2041, underscoring aviation trade resilience two years after the pandemic started. Boeing launched its 2022 Industrial Market Outlook (CMO), the corporate’s annual long-term forecast, prematurely of the Farnborough Worldwide Airshow.
The CMO forecasts a market worth of $7.2 trillion for brand new airplane deliveries, with the worldwide fleet growing by 80% by 2041 in comparison with 2019 pre-pandemic ranges. Roughly half of passenger jet deliveries will exchange immediately’s fashions, bettering the worldwide fleet’s gas effectivity and sustainability. As well as, Boeing World Companies forecasts $3.6 trillion in demand in its market segments over the identical time interval, together with robust demand for upkeep and modifications resembling transformed freighters; digital options that improve effectivity and scale back value; and efficient coaching to allow the provision of pilots and technicians.
“Regardless of the unprecedented disruption over the previous two years, the aviation trade has proven unbelievable resilience adapting to the problem,” mentioned Ihssane Mounir, Boeing’s senior vp of Industrial Gross sales and Advertising. “The 2022 CMO attracts upon our experience forecasting market developments to display the robust demand for brand new airplanes and associated companies within the coming many years, offering a waypoint because the trade continues to navigate its restoration.”
The 2022 CMO contains these regional projections within the subsequent 20 years:
- Persevering with their robust progress story, Asian markets account for roughly 40% of long-term international demand for brand new airplanes. Europe and North America every account for simply over 20% of demand, with 15% of deliveries going to different areas.
- South Asia’s fleet continues to steer international progress, at 6.2% yearly. Led by India, the area’s fleet will almost quadruple from 700 airplanes in 2019 to greater than 2,600 airplanes by 2041. Southeast Asia is projected to see the second-fastest progress with a near-tripling of its industrial fleet to 4,500 airplanes.
- This yr’s CMO doesn’t embody a forecast for airplane deliveries to Russia as a consequence of sanctions in opposition to plane exports. This variation reduces international 20-year demand by about 1,500 airplanes in comparison with final yr’s CMO.
Single-aisle airplanes will account for 75% of all new deliveries, unchanged from final yr’s CMO, and totaling almost 31,000 airplanes. By means of 2041, new widebody airplanes will account for about 18% of deliveries with greater than 7,200 airplanes, enabling airways to serve new and current markets, passenger and cargo, extra effectively than up to now.
The CMO additionally predicts continued strong demand for devoted freighters to help international provide chains and rising categorical networks. Carriers will want 2,800 further freighters general, together with 940 new widebody fashions along with transformed narrow-body and widebody freighters over the forecast interval.
NEW DELIVERIES (2022-2041) |
|
Regional Jet |
2,120 |
Single Aisle |
30,880 |
Widebody |
7,230 |
Freighter |
940 |
Complete |
41,170 |
Boeing has offered the CMO yearly for greater than 60 years. Because the longest-running jet forecast, the CMO is considered probably the most complete evaluation of the industrial aviation trade. Be taught extra in regards to the Commercial Market Outlook. As well as, Boeing will launch its Pilot and Technician Outlook on July 25.
As a number one international aerospace firm, Boeing develops, manufactures and companies industrial airplanes, protection merchandise and area techniques for patrons in additional than 150 international locations. As a high U.S. exporter, the corporate leverages the abilities of a worldwide provider base to advance financial alternative, sustainability and group affect. Boeing’s various workforce is dedicated to innovating for the long run, main with sustainability, and cultivating a tradition based mostly on the corporate’s core values of security, high quality and integrity. Be a part of our workforce and discover your goal at boeing.com/careers.
Contact
Daniel Mosely
Boeing Communications
[email protected]
Boeing Media Relations
[email protected]
SOURCE Boeing
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