The US aircraft manufacturer Boeing predicts in its new long-term forecast that nearly 44,000 passenger and cargo aircraft will be needed worldwide in the next 20 years. By 2043, the number of aircraft in operation worldwide will almost double, according to the company.
Boeing executive Darren Hulst emphasized that travel has become even more important for people today than it was before the COVID-19 pandemic. Additionally, demand has accumulated because aircraft are being replaced later than usual due to supply chain issues. "On average, the fleet is about one to one and a half years older than before the pandemic," Hulst explained.
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"Within a year, Boeing has raised its demand expectations by a good three percent. According to the forecast, around three-quarters of the needed aircraft will be single-aisle planes. Budget airlines play a central role in this. According to Hulst, about one-fifth of the long-term expected demand will come from China alone.
In the coming years, Boeing does not expect aircraft with novel design solutions to be integrated into airline fleets. Even if such new machines were introduced in the next two decades, deliveries would likely remain low, said Hulst.
The updated forecast from Boeing highlights the continuing high demand for air travel and the significant role that China and low-cost carriers will play in this.