NEW YORK: Boeing projected Friday a global commercial fleet of 50,000 planes in 2045, more than 90 percent of which will be more fuel-efficient \u201cnew-generation\u201d aircraft.<\/p>\n
That compares with today\u2019s global fleet of 28,000 airplanes, reflecting higher long-term demand due to economic growth and additional travel routes.<\/p>\n
Plane manufacturers must build nearly 44,000 new planes over the next two decades to meet new growth and replace older planes, according to Boeing\u2019s new annual forecast.<\/p>\n
The figures, released ahead of next week\u2019s Farnborough Air Show in Britain, are similar to those in Boeing\u2019s 2025 outlook, which also highlighted favorable travel demand dynamics in light of rising GDP.<\/p>\n
In 2045, an estimated 92 percent of the fleet will have the environmental benefits of the newer fleet, estimated to use about 20 percent less fuel. About 32 percent of today\u2019s fleet is composed of new-generation aircraft.<\/p>\n
This year \u201cisn\u2019t going commercially from an industry airline perspective like I think a lot of us expected coming into 2026,\u201d Boeing Vice President of Commercial Marketing Darren Hulst said at a briefing.<\/p>\n
\u201cHowever … the fundamentals for air travel and demand for air travel are completely intact,\u201d he added.<\/p>\n
Hulst now expects 2026 travel demand to be \u201cabout half or even a little bit less\u201d than what was expected heading into the year.<\/p>\n
Boeing was surprised at how quickly airlines rerouted traffic from the Middle East to other markets due to the conflict, Hulst said.<\/p>\n
\u201cWe saw, for example, passengers using hubs in Europe or Asia, or in some cases even North America, to transit their long-haul travel patterns,\u201d said Hulst.<\/p>\n
Between 2026 and 2045, Boeing\u2019s forecast projects four percent annual passenger traffic growth and 2.5 percent global economic growth.<\/p>\n
As with last year, Boeing\u2019s outlook highlights the gap between new plane production and demand in light of supply chain difficulties since the Covid-19 pandemic.<\/p>\n
Hulst said this \u201cdeficit\u201d will probably not clear for single-aisle planes until the end of the 2020s and will go into the early 2030s for widebody jets.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW YORK: Boeing projected Friday a global commercial fleet of 50,000 planes in 2045, more than 90 percent of which will be more fuel-efficient \u201cnew-generation\u201d aircraft. That compares with today\u2019s global fleet of 28,000 airplanes, reflecting higher long-term demand due to economic growth and additional travel routes. Plane manufacturers must build nearly 44,000 new planes …<\/p>\n","protected":false},"author":4,"featured_media":100444,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-100427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/100427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=100427"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/100427\/revisions"}],"predecessor-version":[{"id":100445,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/100427\/revisions\/100445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/100444"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=100427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=100427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=100427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}