Boeing and Airbus: War for the aviation market by 2044!
Boeing and Airbus: War for the aviation market by 2044!
Vienna, Österreich - The global aircraft demand will be adapted in the coming years. According to Boeing's forecasts, the demand for new jets will grow less in the next two decades than previously assumed. This applies in particular to the period by 2044, in which Boeing assumes a need of 43,600 new machines, which represents a decline of almost 400 machines compared to the previous estimate. The company has been in a decisive phase in 2018 and 2019 since the setbacks with the 737 Max. Since then, the FAA Boeing has prohibited the production of the model up after breakdown and an almost accident in 2024. Airbus, on the other hand, predicts that the aircraft fleet will grow to over 49,000 machines by 2044 and assumes growth that is particularly related to the increasing mobility of the global middle class in India and China.
A central point in the analyzes of both manufacturers is the difference in the counts of the machines. While Boeing also includes smaller regional aircraft in its forecasts, Airbus only focuses on jets with more than 100 seats. However, both companies expect around half of the new machines to be used for fleet expansion, while almost half of the older, less efficient models should replace.
growth driver and market trends
According to Airbus, which has more flexible supply chains in addition to Boeing and benefits from more stable trust in the airlines, the global demand will probably increase by 43,400 new passenger and freight machines in the next two decades. This represents an increase of around 1,000 machines compared to the previous year. Almost 80 % of this demand focuses on the category of narrow hull aircraft, which include the models A320neo, A220 and Boeing 737 Max. In contrast, a significantly lower demand for large -scale aircraft such as the A350 and Boeings 787 and 777X is expected.
regardless of the geopolitical uncertainties and current discussions about climate change, the aviation sector remains optimistic. The increasing mobility is estimated that it attracts an additional 1.5 billion passengers with growing purchasing power. The demand in the inner -indian market and between the cities of China remains strong, which contributes to the revival of the market. Companies strive to reduce environmental impacts by developing alternative fuels and more efficient engines.
market development and forecasts
Data from the aviation market show that the size of the market in 2023 is $ 333.96 billion and could grow to $ 386.21 billion by 2028. The fastest growing market is located in the Asia-Pacific room, where the greatest concentration of demand is also recorded. New airline foundations, such as the Indian Akasa Air since August 2022, have contributed to the diversification of the market.
In summary, it can be said that the aviation industry faces challenges, but also benefits from recovery and adaptation in the coming years. The demand for new aircraft models remains strong, even if the expectations regarding the growth rates are somewhat steamed. The competence of the great actors such as Boeing and Airbus will be decisive for how quickly the aviation market can develop.Details | |
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Ort | Vienna, Österreich |
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