Boeing finishing projection for 20-year question to jet question | Company Business News

* Forecast for passenger traffic growth has reduced from 4.7% to 4.2% * Boeing forecasts 43,600 new aircraft required by 2044 * Boeing, see 51% of new demand for growth, not replacements * Boeing’s forecast is careful in the Airbus’s review of the demand for 40 years. The need for thousands of new Jetliners in the next few years, according to the 20-year demand forecast for commercial aircraft released in front of the Paris air cow on Sunday. The company expects the demand for 43,600 new aircraft until 2044. This is essentially the same as last year’s issue, which predicted the demand for 43,975 new deliveries to 2043. The European competitor Airbus last week revised its own commercial demand forecast by 2% to 43.420 Jets, saying that the air transport industry is expected to take out the current trade wide. Boeing’s delivery projection contains almost 33,300 single A aviation vessels, just over 7,800 broadly jets, 955 factory built trucks and 1.545 regional jets. Single-Asle-Jets includes the 737 Max and the participant Airbus’s A320neo family and now makes up about four of every five deliveries. Although Boeing’s delivery projection is about the same, it has decreased its 20 -year for passenger traffic growth of 4.7% in last year’s prospects to 4.2% of this year. Similarly, it reduced its global economic growth forecast from 2.6% to 2.3%, freight traffic growth from 4.1% to 3.7% and the fleet growth of 3.2% to 3.1%. Despite the lower projection for freight traffic, Boeing Vice President of the Commercial Marketing Darren Hulst in a briefing to reporters told reporters that the volatility of the trade is not expected to move significantly. “I think we should return to the perspective that the past 20, 40, 60 years have given us regarding the value of air freight, and the fact that it is a 4% growth market throughout the time,” he said. Since Covid-19, the demand for air journey has returned, but aircraft production is only half or even less than it was before the pandemic, leading to a deficit of 1,500 to 2000 aircraft, he said. Both Airbus and Boeing struggled to return the production of aircraft to pre-pandemic levels. Boeing has to do with the concerns about production safety after a 2024-air outlet of a panel on an almost new Alaska Airlines 737 Max. As a result, the US Federal Aviation Administration limited 737 production at 38 aircraft per month. Boeing has significantly improved production quality over the past few months, but the collapse of an Air India Boeing 787-8 Dreamliner again placed in crisis mode on Thursday. CEO Kelly Ortberg canceled his plans to attend the Airshow in Paris to help with the investigation into the accident. According to the forecast, by 2030, global air journey is expected to increase by more than 40%, compared to pre-pandemic highlights. Over the next 20 years, Boeing expects that about 51% of demand for new aircraft will come out of growth rather than replace older aircraft. According to the outlook, China and Southern/Southeast Asia, which include India, will account for half the additional capacity. North America and Eurasia account for more than half of the projected deliveries for replacing older aircraft. China makes up an estimated 10% of Boeing’s existing order backlog. The country has stopped with the delivery of new Boeing aircraft while China and the US collide over tariffs. However, deliveries are expected to resume this month, Ortberg said at an investor conference in May. (Reporting by Dan Catchpole in Seattle; Editing by Stephen Coates)