Despite the loss of Russia as a sales market, the US aircraft manufacturer Boeing expects greater demand for new jets in the next ten years than recently.
In the period from 2022 to 2031, around 19,575 new passenger and cargo planes should find their way to their customers, Boeing announced early on Sunday morning, one day before the start of the important air show in Farnborough, UK. This is a little more than 2021 predicted for ten years – although Boeing had calculated 710 aircraft for Russian airlines. In the two decades to 2041, however, the manufacturer expects less demand for new machines than before – unlike its European rival Airbus.
For example, Boeing is assuming global demand for around 41,170 passenger and cargo planes over the next two decades. A year ago, management had expected 43,610 pieces. Darren Hulst, head of marketing for Boeing’s commercial aircraft division, said that this was a decline even if one included the machines most recently expected for Russia. Boeing based its forecasts on lower global economic growth and a more saturated aviation market for the second decade.
Because of the Western sanctions against Russia as a result of the Ukraine war, Western aircraft manufacturers and suppliers are no longer allowed to deliver machines and parts to Russia. In addition, Russia has not returned hundreds of aircraft leased abroad to their owners for months, so that the market for Airbus and Boeing has practically disappeared from today’s perspective.
Unlike Boeing, Airbus expects greater demand for new aircraft over the next 20 years than recently. In its market outlook published a few days ago, the world’s largest aircraft manufacturer predicted sales of 39,490 aircraft for the industry by 2041, 470 more than last year’s estimate for the period up to 2040.