Boeing forecasts $2.8 trillion market for new commercial airplanes over 2007-2026

14 June 2007

According to the forecast, the new airplanes will also accommodate a projected 5 per cent annual increase in passenger traffic, and a 6.1 per cent annual increase in air cargo traffic.

"Air travel is going to continue to grow, driven by economic growth, world trade, liberalization, and by the availability of new, more capable and more efficient airplanes," said Boeing commercial airplanes vice president, marketing, Randy Tinseth. "This growth will occur in an environmentally responsible and accountable manner that addresses greenhouse gas reduction efforts with progressive new aircraft and increased operational efficiencies in the air transportation system."

The Boeing outlook calls for a market of 28,600 new commercial airplanes (passenger and freighter) by 2026.

Region-wise, the largest market is projected to be the Asia-Pacific region, with 36 per cent of the $2.8 trillion total. The forecast says that North America will make up 26 per cent of the delivery total, and Europe, Russia, and the CIS (Commonwealth of Independent States) will make up a total of 25 per cent.

Deliveries to airlines in Latin America, the Middle East, and Africa will represent the remaining 13 per cent of the deliveries between 2007 and 2026. According to the forecast, over the next 20 years, passenger and cargo airlines will take delivery of approximately:

3,700 regional jets - below 90 seats
17,650 single-aisle airplanes - 90-240 seats, dual-class
6,290 twin-aisle airplanes - 200-400 seats, tri-class
960 airplanes 747-size or larger - more than 400 seats, tri-class