Tag: forecast

IATA Forecast Predicts 8.2 billion Air Travellers in 2037

Reading Time: 3 minutes The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next […]

Boeing: Aviation Will Need 790,000 Pilots over 20 Years

Reading Time: 1 minute Boeing released its 2018 Pilot & Technician Outlook, projecting demand for 790,000 pilots over the next 20 years. This represents double the current workforce and the most significant demand in the outlook’s nine-year history. The demand is being driven by an anticipated doubling of the global commercial airplane fleet as well as record-high air travel demand […]

Boeing Forecasts $730 Billion Market for New Airplanes in Middle East

Reading Time: 2 minutes Boeing forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during the Dubai Airshow. “Traffic growth in the Middle East is expected to grow at 5.6 percent annually during the […]

Middle East Carriers’ Fleet Size to More than Double by 2036

Reading Time: 2 minutes The fleet size of operators in the Middle East is forecast to more than double from 1,250 to 3,320 aircraft over the next two decades, according to the Airbus Global Market Forecast. The Middle East will need some 2,590 new aircraft by 2036, for replacement of 520 older generation aircraft, and 2,070 aircraft for growth, […]

Chinese Lessors Must Tread Carefully With Local Demand

Reading Time: 1 minute China’s voracious appetite for new aircraft has caused Boeing to raise its long-term demand forecast for the country. The U.S. manufacturer predicts that China will require 7,240 new aircraft through 2036, comprised of 5,420 narrowbodies, 1,490 widebodies, 180 freighters and 150 regional aircraft. The total is 6.3% higher than 2016’s 20-year forecast. “China’s continuous economic […]

Airbus Production Cuts Could Impact A380 Aftermarket

Reading Time: 1 minute Airbus’ decision to reduce A380 deliveries from 15 this year to 12 in 2018 and eight in 2019 will have noticeable effects on the aftermarket in the near-future, an industry analyst has forecast. Jonathan Berger, managing director of Alton Aviation Consultancy, says the cuts announced in July 2017 will present a barrier to entry for […]

Boeing Forecasts Demand For 2,100 New Airplanes In India

Reading Time: 1 minute Boeing forecasts a demand for 2,100 new airplanes in India, valued at $290 billion, over the next 20 years. The company released the new numbers as part of its annual Current Market Outlook (CMO) for India during a briefing in Delhi. “Commercial aerospace demand in India continues to grow at unprecedented rates,” said Dinesh Keskar, […]

Boeing Forecasts 1.2 Million Pilots and Technicians Needed by 2036

Reading Time: 1 minute Boeing released its 2017 Pilot and Technician Outlook at EAA AirVenture Oshkosh and projects a demand for more than 1.2 million pilots and technicians over the next 20 years. Now in its eighth year, the outlook is a respected industry study that forecasts the 20 year demand for crews to support the world’s growing commercial […]

Embraer Forecasts 6,400 New 70- To 130-Seat Jets Globally By 2036

Reading Time: 1 minute Embraer predicts 6,400 new 70- to 130-seat commercial jets will be delivered worldwide by 2036, valued at $300 billion, according to the Brazilian manufacturer’s new 2017 Market Outlook report. The overall number of projected deliveries shows a moderate uptick of 50 to-be-delivered jets from last year’s 20-year market forecast. The company said 63% of the […]

Boeing Foresees 41,000 Aircraft Deliveries Through 2036

Reading Time: 1 minute Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion dollars. The company’s annual Current Market Outlook (CMO) was released at the Paris Air Show, with total airplane demand rising 3.6 percent over last year’s forecast. “Passenger traffic has been […]