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Boeing predicts demand for 42,600 new commercial jets over next 20 years

Boeing predicts demand for 42,600 new commercial jets over next 20 years

Boeing predicted that by 2042, there would be a $8 trillion global demand for 42,595 new commercial planes due to an increase in both local and international aviation traffic. In anticipation of the Paris Air Show, Boeing published its 2023 Commercial Market Outlook (CMO), a forecast of the demand for commercial aircraft and services over the next 20 years.

Boeing Forecasts Demand for More than 41,000 New Airplanes by 2041(Opens in a new browser tab)

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The new CMO comes three years after the pandemic grounded most of the global fleet. Key findings include:

  • Passenger traffic continuing to outpace global economic growth of 2.6%.
  • The global fleet nearly doubling to 48,600 jets, expanding 3.5% per year.
  • Airlines replacing about half of the global fleet with new, more fuel-efficient models.

Boeing’s projections for regional demand and key trends through 2042 include:

  • Asia-Pacific markets to represent more than 40% of global demand with half of that total in China.
  • South Asia’s fleet will expand more than 7% annually, the world’s fastest rate, with India accounting for more than 90% of the region’s passenger traffic.
  • North America and Europe each will account for about 20% of global demand.
  • Low-cost carriers will operate more than 40% of the single-aisle fleet in 2042, up from 10% 20 years ago.
  • After omitting demand for Russia and Central Asia in last year’s CMO due to uncertainty in the region, this year’s forecast covers Russia and Central Asia in the Eurasia region, which comprises about 3% of the global fleet by 2042.
  • Commercial Services forecasts a total served market worth $3.8 trillion, including digital solutions that increase efficiency and reduce cost; robust demand for parts and supply chain solutions; growing maintenance and modification options; and effective training to enhance safety and support the pilot and technician pipeline.

Also in the 20-year forecast period, Boeing anticipates demand for these models:

  • New single-aisle airplanes will account for more than 75% of all new deliveries, up slightly from the 2022 outlook, and totaling more than 32,000 airplanes.
  • New widebody jets will be nearly 20% of deliveries, with more than 7,400 airplanes enabling airlines to open new markets and serve existing routes more efficiently.
  • Air cargo will continue to outpace global trade growth, with carriers requiring 2,800 dedicated freighters. This includes more than 900 new widebodies as well as converted narrow-body and widebody models.

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These are two airlines that placed the largest orders for Comac

These are two airlines that placed the largest orders for Comac

China Southern Airlines has made a significant move in the aviation industry by placing a monumental order for 100 Comac C919 aircraft.

Marking a pivotal moment in the commitment of state-owned Chinese airlines to domestically developed planes. The deliveries are set to commence this year and continue until 2031.

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The order holds a considerable value of USD 9.9 billion; however, China Southern will benefit from substantial discounts provided by the manufacturer, Commercial Aircraft Corporation of China. This announcement comes closely after Air China’s recent order for 100 C919s, albeit in the Extended Range variant.

China Southern’s decision to invest in the C919 reflects its strategic vision to address capacity demands, achieve fleet balance, and enhance its overall strength and brand image.

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By incorporating these advanced aircraft into its operations, the airline aims to alleviate pressure on capacity, optimize its fleet structure, and bolster its competitive position in the market.

As China continues to assert itself in the global aviation industry, the significant orders placed by its state-owned carriers underscore the country’s commitment to domestic aviation manufacturing.

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With both China Southern Airlines and Air China making substantial investments in the Comac C919, the stage is set for these domestically developed aircraft to play a pivotal role in shaping the future of Chinese aviation.

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Japan Airlines flight was canceled, after pilot got drunk & rowdy behavior

Japan Airlines flight was canceled, after pilot got drunk & rowdy behavior

Last week, a routine flight from Dallas Fort Worth to Tokyo Haneda turned into a saga of unexpected turbulence when Japan Airlines Flight JL11 was abruptly grounded due to the unruly conduct of its captain.

The incident, which made headlines in local media, sheds light on the critical issue of alcohol consumption and professional responsibility within the aviation industry. Scheduled to take off at 11:05 am on April 24th, Flight JL11 was poised to ferry 157 passengers across the Pacific on a 12-hour journey to Tokyo.

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However, the departure was thwarted as the pilot’s behavior at the crew layover hotel raised serious concerns. Around 2 am, hotel staff were compelled to summon the authorities as the captain’s disruptive antics reverberated through the premises, disturbing fellow guests.

Despite not breaching Japan Airlines’ guidelines regarding alcohol consumption within 12 hours of duty, the pilot’s conduct prompted precautionary measures. While the passengers of Flight JL11 were later accommodated on an American Airlines flight, the repercussions of the pilot’s actions continued to reverberate.

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Of particular interest is the fact that the captain wasn’t slated to operate the return flight to Tokyo for over 24 hours, minimizing concerns regarding his sobriety during duty hours. Nevertheless, the incident underscores the complexities surrounding alcohol policies within the airline industry.

Japan Airlines, known for its stringent regulations, imposes a 12-hour prohibition on pilots flying after consuming alcohol, a policy designed to uphold safety standards. Notably, there was a brief period where this cut-off time was extended to 24 hours, highlighting the evolving nature of such protocols.

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Following the incident, the pilot was questioned by authorities and cautioned against further misconduct. However, despite assurances, Japan Airlines opted to ground him for the subsequent flight, resulting in the cancellation of the 1:05 am departure when a replacement pilot couldn’t be secured.

In a statement, the airline expressed regret for the inconvenience caused to passengers, attributing the disruption to the pilot’s “inappropriate behavior.”

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Turkish Airlines in Talks for New Planes, with New MRO Facility

Turkish Airlines in Talks for New Planes, with New MRO Facility

Turkish Airlines is set to embark on a significant expansion journey, eyeing the acquisition of 235 new aircraft from both Airbus and Boeing.

Chairman Ahmet Bolat recently disclosed this development, emphasizing the airline’s commitment to balanced engagement with both major aircraft manufacturers. This move comes in the wake of Turkish Airlines‘ ambitious 10-year fleet plan, unveiled last year, which aims for a substantial increase in its fleet size by nearly 600 planes. As reported by Reuters.

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In December, the airline solidified a substantial portion of this plan by securing a deal with Airbus for 355 firm and optional orders, encompassing A321 narrow body and A350 wide body aircraft.

During an event in Istanbul attended by representatives from Airbus and Rolls-Royce, Bolat underscored the airline’s strategy of maintaining equilibrium between Airbus and Boeing. He also highlighted Turkish Airlines’ patience in awaiting resolution of Boeing’s challenges before finalizing its decision.

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Moreover, Bolat revealed discussions with Rolls-Royce regarding the potential establishment of maintenance, repair, and overhaul (MRO) capabilities within Türkiye, along with exploring additional avenues for supply-chain sourcing.

Recently, Turkish Airlines is set to redefine luxury air travel with the introduction of its next-generation business class suite, codenamed “Crystal,” slated for release in 2025. These luxurious private suites will first be introduced on the Boeing 777 fleet, with plans to expand to Airbus A350-1000 jets in the future.

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The Crystal Suites will feature private compartments with sliding doors, offering passengers an intimate and secluded space to relax and work during their journey. Boasting a 1-2-1 configuration, each seat will provide direct aisle access, ensuring maximum convenience for travelers.

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