Boeing says the epidemic has wiped out two years of growth in the airline industry


Updates for Boeing Co

Boeing predicted that coronavirus would leave a good track record in the aviation industry, showing a 10-year market 7% lower than before the epidemic but also includes about 20,000 new aircraft.

The U.S. aircraft manufacturer has struggled in recent years, from the suspension of its entire body 787, to the long shadow of 737 and Max Two fatal accidents, to the point of travel damage last year.

His annual opinion released Tuesday is trying to predict the future of the industry, not Boeing’s assets.

Boeing’s international passenger aircraft are supplied by all manufacturers by 19,330 by 2030. That number is 7% lower than the 2019 average, but much lower than 11 percent drop in a predicted demand at the end of last year.

“We’ve stopped almost two years of growth,” said Covid-19, according to Darren Hulst, vice president of marketing. “You can’t go near it.”

But despite the epidemic, Hulst said airlines have reverted to 4 to 5% off annual growth rates over the past decade, knocking out “several thousand aircraft” from Boeing’s 20-year offer of 43,610.

Boeing’s estimates included global economic growth that is growing at a rate of 2.7% year-on-year, as well as the number of riders and commodities growing by 4 percent.

Marc Allen, head of Boeing’s headquarters, said the Chicago company was “preparing for growth”, with officials predicting that global travel would resume before the end of 2023 or early 2024. The company predicted that domestic flights would return next year. , tours in 2023 as well as long trips around the world the following year.

“The quality of the passengers, the return to the tour, is a very important factor that gives us great confidence,” Allen said.

The company predicted that retail and security facilities would cost $ 9tn over the next 10 years, with $ 3.2tn from commercial airlines, $ 3.2tn from services and $ 2.6tn from security. Boeing released its forecast from $ 8.7tn in 2019 and $ 8.5tn in 2020.

Boeing said retirement from the jet fleet could continue the epidemic as the epidemic began to subside. The company expects between 20 and 25% of global ships to retire every five years, up from 15% traditionally.

Cheap airline pilots will continue to lead the downhill as they have in the past, Allen said. The single-branded jet carriers represent the largest market share in the next 20 years, ranging from 64 to 68%.

Hulst said Boeing expects more and more carriers to carry goods. It’s global enough chains hardly, most of the goods were shipped by air in 2021 even though there were few round trips where the goods could be dropped off.

There were 2,010 carriers worldwide in 2019, and Boeing expects to grow to 3,435 by 2040.

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