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Boeing trims projection for 20-year jet demand

Passenger traffic growth estimate dropped from 4.7% to 4.2%

Boeing Forecasts New Aircraft Needed Until 2044

Boeing, 51% of the new aircraft demand is not from growth, not changing

Boeing’s estimated Airbus’s review of the reviewed demand

June 15 (Reuters) – Boeing expects its demand for global air travel by 2030 to increase more than 40% and increases the need for thousands of new jetlinre in the next few years, and 20 years of demand for commercial planes released in front of Paris Airshow on Sunday. The company awaits 43,600 new aircraft demand by 2044. This is the same as the pressure of last year, which predicted the new delivery request by 2043.

European rival Airbus increased its 20 -year commercial demand estimation by 2% last week, and the air transport industry is expected to leave the current trade tensions.

Boeing’s delivery projection contains approximately 33,300 single corridor aircraft, more than 7,800 large body jets, 955 factory production installed and 1,545 regional jet. Among the jets in a single hallway, the 737 MAX and the rival A320neo family include the A320neo family and are currently about four of every five deliveries.

Although Boeing’s delivery projection is roughly the same, it increased its 20 -year estimation for passenger traffic to grow from 4.7% in last year’s view to 4.2% this year. Similarly, global economic growth forecast reduced its estimation from 2.6% to 2.3%, cargo traffic growth from 4.1% to 3.7% and fleet growth from 3.2% to 3.1%.

Despite a lower projection for cargo traffic, Darren Hulst, Vice President of Boeing Commercial Marketing, told journalists that trade volatility is not expected to change the long -term demand significantly.

“I think we need to show the perspective of the last 20, 40, 60 years in terms of the value of the air burden and that it is roughly a 4% growth market during this time.” He said.

Since the Covid-19, the demand for air travel has returned, but it was only half or even less and less than 1,500 to 2,000 aircraft lack, as aircraft production was pre-pandemia. Both Airbus and Boeing fought to return the production of aircraft to pandemic levels. Boeing is an almost new Alaska Airlines 737 max. As a result, the US Federal Aviation Administration made 737 production on 38 aircraft per month. Boeing has developed significantly the production quality in recent months, but on Thursday, Air India 787-8 Dreamliner’s accident has returned to crisis mode. CEO Kelly Ortberg canceled his plans to join Paris Airshow to assist the accident investigation. According to estimates, global air travel is expected to increase by more than 40% by 2030 before Pandemic height.

For the next 20 years, Boeing expects about 51% of new aircraft to come before it replaces old aircraft.

According to the appearance, China and South/Southeast Asia, which contain India, are expected to announce half of this additional capacity. North America and Eurasia constitute more than half of the delivery envisaged to replace the old aircraft. China is 10% of Boeing’s existing order accumulation. The country stopped the delivery of the New Boeing aircraft while China and the United States clashed with tariffs. However, Ortberg is expected to continue this month during an investor conference in May. (Reporting by Dan Catchpole in Seattle; Editing by Stephen Coates)

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