Boeing has projected demand for greater than 41,000 new airplanes by 2041, underscoring aviation business resilience two years after the pandemic started, in its 2022 Commercial Market Outlook (CMO). Boeing launched the CMO, its annual long-term forecast, upfront of the Farnborough International Airshow.
The CMO forecasts a market worth of $7.2 trillion for new airplane deliveries, with the worldwide fleet rising by 80% by 2041 in comparison with 2019 pre-pandemic ranges. Approximately half of passenger jet deliveries will exchange as we speak’s fashions, enhancing the worldwide fleet’s gas effectivity and sustainability.
In addition, Boeing Global Services forecasts $3.6 trillion in demand in its market segments over the identical time interval, together with sturdy demand for upkeep and modifications comparable to transformed freighters; digital options that enhance effectivity and cut back value; and efficient coaching to allow the availability of pilots and technicians.
“Despite the unprecedented disruption over the past two years, the aviation industry has shown incredible resilience adapting to the challenge,” stated Ihssane Mounir, Boeing’s senior vice chairman of Commercial Sales and Marketing.
The 2022 CMO attracts upon our experience forecasting market developments to exhibit the sturdy demand for new airplanes and associated providers within the coming many years, offering a waypoint because the business continues to navigate its restoration.