2023-06-19 05:30:00
Boeing updated its market forecast for 2042, to 42,595 new aircraft including regional aircraft, half of which will be used to replace the existing fleet. The future airline Riyadh Airwhich brought its first 787-9 Dreamliner, will not place new orders during the Paris Air Show which opens its doors this Monday, and there will be no version fret you 777-300ER.
After Airbus, the American aircraft manufacturer’s turn to unveil its latest forecasts, which also mention a doubling of the fleet: in its study entitled 2023 Commercial Market Outlook (CMO) published on June 18, 2023, Boeing estimates that commercial aviation will need 42,595 new devices over the next twenty years. Demand for air travel “is outpacing economic growth, driven by the full recovery of domestic markets; for its part, international traffic will return to its pre-pandemic level by 2024”, underlines its press release; and “nearly half of the aircraft delivered over the next two decades will replace from aging aircraft to more fuel-efficient models, leading to lower emissions”.
The total value of these new aircraft is estimated at 8 trillion dollars, further details Boeing; for their part, commercial services should total 3.8 trillion dollars. The world fleet will practically double to total 48,600 aircraft, i.e. a annual growth of 3.5% ; and airlines are replacing around half of the global fleet with new, less fuel-efficient models.
« The aviation industry has demonstrated its capacity for resilience and adaptation following a period marked by unprecedented disruption, during which airlines have risen to the challenges by rationalizing their fleets, improving their efficiency and capitalizing on the resurgence of demand said Brad McMullen, Boeing’s senior vice president, commercial sales and marketing. ” When it comes to the future of air transport, the 2023 edition of our forecast highlights a new evolution of passenger traffic linked to the global rise of the middle class, investments in sustainable development, the continued growth of low-cost airlines, as well as the demands of air cargo in response to changing supply chains and the development express courier services ».
In addition, Boeing anticipates strong demand for these categories of aircraft over the next two decades: with more than 32,000 units, the new single-aisle will represent more than 75% of all aircraft delivered, up slightly from the figures announced in 2022; THE new jumbo jets will represent nearly 20% of deliveries; more than 7,400 aircraft will enable companies to open up new markets and serve existing routes with increased efficiency. The growth of air freight will remain higher than that of world trade; the need for aircraft dedicated to the transport of goods is estimated at 2,800 units, including more than 900 new wide-body aircraft, as well as conversions of single-aisle and wide-body aircraft.
Boeing projections for demand in different regions and key trends through 2042:
the countries ofAsia Pacific will represent more than 40% of global demand, half of which is China; the fleet ofSouth Asia will grow by more than 7% per year, the highest rate in the world; India alone will account for more than 90% of passenger traffic in the region; L’North America and theEurope will each represent approximately 20% of global demand; in 2042, companies low-cost will operate more than 40% of the single-aisle fleet, compared to 10% 20 years ago; “excluded from the previous edition of the CMO due to the uncertainties weighing on the region”, Russia and Central Asia are included this year in the zone Eurasia which will represent approximately 3% of the world fleet by 2042.
Boeing assesses the total market for commercial services$3.8 trillion, including “digital solutions that help increase efficiency and lower costs; strong demand for supply chain parts and solutions; the increasing use of aircraft maintenance and modification solutions; as well as the effective delivery of training designed to improve safety and support the pipeline of pilots and technicians”.
©Boeing
Bonjour! ???? Look who just arrived at @salondubourget:
✈️ Our 777-9, the newest member of Boeing’s market-leading twin-aisle airplane family
✈️ The 737-10, the largest member of the 737 MAX familySee you at the #ParisAirShow! pic.twitter.com/fBaC44N9eH
— Boeing Airplanes (@BoeingAirplanes) June 14, 2023
The 777-9 and 737-10 soared over @SalonduBourget to prepare for the #ParisAirShow!
This is just a small glimpse into flying displays thousands of people will see at PAS – which we’ll bring to you right here.
Stay tuned and check back daily for more from the show! pic.twitter.com/tAFhSt8uUp
— Boeing Airplanes (@BoeingAirplanes) June 15, 2023
J-4 ! https://t.co/7vP7VjId38
— Boeing France (@BoeingFrance) June 15, 2023
We will also note the announcement of Riyadh Air present with its first 787 at the Paris Air Show: according to CEO Tonay Douglas, the rumor regarding an upcoming order “ not insignificant ” of single-aislewill not be confirmed during the Paris Air Show. CEO Tony Douglas said at a press conference that the Saudi company will not order anything immediately, preferring to concentrate ” on the future network, competition and passenger experience “. Boeing but also Airbus would be in the race.
©Riyadh Air
Finally, Boeing has officially given up on launching a version fret du 777-300ERthe costs are not worth the candle: Stephanie Pope, CEO of Boeing Global Services, explains that the aircraft manufacturer granted ” a license of intellectual property to three suppliers in the market » (of the conversion). « We are partners and support this “. Boeing, which is preparing a 777-8F, faces new European Union rules on emissions from new aircraft anyway, which would close its market to the new aircraft derived from the 777-300ER. “It’s just not something we think we can invest in to deliver value to our customers. There are other opportunities for us“, she added.
©GECAS
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