The president of the International Air Transport Association is Willy Walsh, but the chairman is not specified in the provided text.

China is expected to lead global growth in aircraft demand.

"The demand for new aircraft over the next 20 years is expected to be 39,490 units."

China is leading the growth in global aviation demand.

"Aviation energy generation requirements are expected to increase by 5700% by 2070, reaching 44,000 TWh of energy per year, which is almost double the world's current electricity demand."

The predicted loss for the aviation sector in 2022 is $12 billion.

Emirates has partnered with GE Digital to reduce fuel costs and carbon emissions, enhancing the sustainability of its fleet and operations.

The projected average annual growth rate of air passenger traffic is 3.6% from 2019 to 2042, according to Airbus.

"Single-aisle jets are expected to account for approximately 79.7% of commercial aircraft deliveries from 2023 to 2042."

The air travel demand in Asia and Pacific increased by 126.1% year-on-year.

The aviation sector is expected to return to profitability after 2024, driven by an increase in air travel demand and the need for more fuel-efficient aircraft.

The North American market is forecasted to have the highest demand for new aircraft, with a demand of 9,160.

Boeing expects to sell 17,645 new aircraft in the next 20 years, driven by increasing demand from the Asia-Pacific region.

The region with the highest increase in air travel demand is Africa, with a 16.9% year-on-year rise.

Airbus anticipates selling 39,000 aircraft over the next 20 years to meet growing travel demands and reduce carbon emissions.

The region with the strongest growth in air travel demand in June 2024 was Africa, with a 16.9% year-on-year increase.

Asia Pacific is expected to lead the growth in air travel demand, with a projected annual growth rate of 4.5% over the next 20 years.

The president of the International Air Transport Association is Willy Walsh, but the chairman is not specified in the provided text.

Title:

Content: Monday 19-02-2024
IATA: Aviation supply chain problems will last for years
International Air Transport Association (IATA) President Willy Walsh said supply chain problems that pose a challenge to the global aviation industry are likely to persist for a few more years.
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Speaking at the Changi Aviation Summit at the Singapore Airshow, Walsh said the global aviation sector is expected to grow by 3.3% annually over the next 20 years, with Asia Pacific likely to lead by 4.5% annually.
The aviation industry needs to see greater production of sustainable aviation fuel, and governments need to provide incentives to do so.

China is expected to lead global growth in aircraft demand.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
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An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

"The demand for new aircraft over the next 20 years is expected to be 39,490 units."

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

China is leading the growth in global aviation demand.

"Aviation energy generation requirements are expected to increase by 5700% by 2070, reaching 44,000 TWh of energy per year, which is almost double the world's current electricity demand."

Title:

Content: Powering the sustainable aviation revolution

Atkins aerospace experts predict 44,000TWh of energy will be needed annually by 2070 to produce new, sustainable aviation fuell

A recent report released by sustainable aviation experts at Atkins, a member of the SNC-Lavalin Group, has cautioned that meeting the net zero targets set for 2050 in the aviation industry will necessitate significant changes in sustainable energy and fuel production infrastructure, particularly if commercial air transport continues to expand as expected.

The white paper, titled "Alternative Fuels for Sustainable Aviation," highlights that reducing carbon emissions in the aviation sector is not solely dependent on aircraft emissions. The report recommends the use of a mixture of alternative fuel options such as SAF, eFuel, Hydrogen, and batteries to achieve the most effective solution.

However, it also warns that the industry must be ready for the significant implications of utilising these alternative fuels and batteries to achieve the most effective solution. However, it also warns that the industry must be ready for the significant implications of using these alternative fuels and emphasises the significant impact on future energy demand that will be required to produce them.

Will we be generating enough aircraft fuel?

Based on estimated energy efficiencies and the predicted fuel mix, Atkins predicts that generating the necessary global aircraft fuel demand will require 44,000 TWh of energy per year by 2070. This represents a 5700% increase from current aviation energy generation requirements and is almost double the world’s current electricity demand.

It's not just energy generation that is now a concern, other considerations, such as fuel transportation and storage requirements, will also have to be taken into account.

Andrew Caughey, Sustainable Aviation Lead – Aerospace, Atkins says: “Aviation emissions are hard to abate, but not impossible. The sector is making huge strides in its efforts to accelerate the development of new fuels and aircraft that will help deliver zero emission flight. These advances have a wider impact beyond the aerospace industry. Whilst the future mix of low carbon alternative fuel is yet to be determined, the production, storage and transportation of fuels has implications for energy and airport infrastructure and their emissions need to be considered across the whole lifecycle, from ‘source to force’.

“Regions, governments, airports and the wider industry must adopt a holistic approach to scenario modelling when creating masterplans for the infrastructure and ecosystems that will drive the future of sustainable aviation. By understanding the full fuel mix and energy demands for sustainable aviation, governments can use the insight to inform their policy makers and actions – whether that be introducing emissions KPIs, green fuel subsidies, demand management or investing in innovation and development. Integrated system-level planning is vitally important in achieving the transition and must take into account future energy predictions.”

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The predicted loss for the aviation sector in 2022 is $12 billion.

Title:

Content: The International Air Transport Association (IATA) held its annual meeting in Boston from 3 to 5 March and released its latest global aviation financial outlook.
The report shows that while the COVID-19 crisis continues, the performance of the global aviation industry has improved.
The IATA expects that the Asia-Pacific region ’ s loss reduction target will be achieved thanks to the support of large and open domestic hinterland markets such as China.
Airlines in the region are also seeing higher gains from their dominant air cargo market. Global aviation demand will return to 61% of 2019 levels in 2022, with total global passenger traffic reaching 3.4 billion in 2022.
Meanwhile, air cargo demand will continue to be strong, with 2022 expected to be 13.2% higher than 2019 levels.
China's "People's Daily" client reported on the 5th that the International Air Transport Association (IATA) held its annual meeting in Boston, the United States, from the 3rd to the 5th, and released the latest global aviation industry financial performance outlook.
The report shows that while the COVID-19 crisis continues, the performance of the global aviation industry has improved.
The IATA expects that the Asia-Pacific region ’ s loss reduction target will be achieved thanks to the support of large and open domestic hinterland markets such as China.
Airlines in the region are also seeing higher gains from their dominant air cargo market. Global aviation demand will return to 61% of 2019 levels in 2022, with total global passenger traffic reaching 3.4 billion in 2022.
Meanwhile, air cargo demand will continue to be strong, with 2022 expected to be 13.2% higher than 2019 levels.
“For airlines, the impact of the pandemic crisis is huge, ” said IATA President Willie Walsh.“ The industry has lost more than $200 billion in cumulative losses between 2020 and 2022.
In order to survive, airlines slashed costs and took advantage of every opportunity to adjust their business, reducing their losses in 2021 to $52 billion from $137.7 billion in 2020. In 2022, the loss will further narrow to $12 billion. ”
“We are past the darkest moments of the crisis. While the situation is still grim, the road to recovery is ahead, ” Walsh said.
The aviation industry has once again demonstrated its resilience and flexibility. ”
According to the International Air Transport Association, the cumulative loss of the global aviation industry from 2020 to 2022 is as high as US $2010 billion.
Among them, the industry net loss is expected to be 137.7 billion US dollars in 2020, and the industry net loss forecast for 2021 is expected to narrow to 51.8 billion US dollars. In 2022, this data further narrowed to 11.6 billion US dollars.
On the demand side, the global aviation industry is expected to reach 40% of 2019 levels in 2021, rising to 61% in 2022.
According to the report, Asia-Pacific Airlines ’ losses are expected to fall from $11.2 billion in 2021 to $2.4 billion in 2022.
The IATA believes that the Asia-Pacific loss reduction target will be achieved thanks to the support of large and open domestic hinterland markets such as China.
Airlines in the region also get higher returns from the air cargo market where they dominate.
According to the International Air Transport Association (IATA), the total number of passengers will reach 2.3 billion in 2021. It will grow to 3.4 billion in 2022, similar to the level in 2014, but far below the 4.5 billion passengers in 2019.
Meanwhile, air cargo demand will continue to be strong, with demand 7.9% higher than 2019 levels in 2021 and 13.2% higher in 2022.
According to the International Air Transport Association (IATA), the global air cargo business is performing well, and global domestic travel will approach pre-crisis levels in 2022.
The challenge, however, is that the international travel market remains severely depressed due to travel restrictions imposed by governments.
“As we have seen in the strong recovery of the domestic market, people have not lost their desire to travel.
However, due to restrictions, uncertainty and complexity, they are unable to make international travel.
More and more governments see vaccination as a way out of this crisis.
We fully agree that there should be no restrictions on the freedom of movement of people who have been vaccinated.
But in fact, the freedom to travel is a positive incentive to get more people vaccinated.
Governments must work together to do everything they can to ensure that anyone who needs the vaccine is vaccinated, ” Walsh said.
Rebuilding global connectivity, aviation and tourism should be a priority for governments, according to the IATA.
It is understood that the IATA has a total of 290 member airlines around the world, and its regular international flights account for 82% of the world's passenger traffic.
# 2022 # IATA # Global Aviation # 2019 # Market

Emirates has partnered with GE Digital to reduce fuel costs and carbon emissions, enhancing the sustainability of its fleet and operations.

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Content: GE to provide Emirates with new sustainability solutions
T + T - normal size
At the Dubai Airshow 2021, GE Digital announced an agreement with Emirates, one of its longtime customers, to provide two new aviation data solutions that will further advance its sustainability goals.
Emirates will implement fuel monitoring software and collect aircraft data before take-off from GE Digital to help reduce fuel costs and carbon emissions.
Emirates is seeking to use these solutions to enhance the sustainability of its fleet and operations.
As part of the agreement, the two sides will work together to harness GE ’ s digital expertise in aviation data software solutions and address key issues in aviation operations that limit fuel efficiency and reduce carbon emissions to achieve industry-wide efficiency, implement predictive maintenance, digitize records and enhance pilots ’ access to accurate data.
Responsibility.
Captain Hassan Al Hammadi, Senior Vice President Technical Air Operations at Emirates, said: “Emirates recognises that environmental responsibility is central to the long-term success of the business.
Ensuring that we operate in a sophisticated and fuel-efficient manner has been at the heart of our business model since the inception of Emirates.
There is no doubt that we are continuing to invest in reducing our environmental footprint, and these solutions will help us achieve our goals.
We aim to provide pilots with advanced tools and technologies that enhance aviation safety and efficiency.
Fuel monitoring software is a solution to reduce fuel consumption and carbon emissions, and it works by reading real data from the aircraft and the airline.
The software leverages GE ’ s digital platform with reliable aviation data and analytics to integrate aircraft data with its route diagrams to reveal valuable results that help boost fuel efficiency and reduce carbon emissions.
The software also provides aircraft operators with research outputs that are applicable at many levels and supports analytics to move from overview to fine-grained macro details to understand the problem of each flight.
Pre-departure data collection software is designed in collaboration with pilots, giving them direct access to the data, and providing data collected from operations to make informed decisions about fuel and how to take off.
Post-takeoff software, which Emirates already uses with its pilots, provides secure access to data from the aircraft ’ s own registry, allowing pilots to analyse the operations of the aircraft they are flying in and improve operations and efficiency.
A commitment.
Andrew Coleman, General Manager of Aviation Programs at GE Digital, said: “We are committed to making the world a better place for future generations, including ensuring our customers are supported to reduce the impact of their technology and environmental footprint on their operations.
Sustainability is at the heart of the aviation industry ’ s future, and achieving climate neutrality by 2050 is a key goal for the industry, so the application of new technologies is key to achieving this in the long term. We look forward to continuing to work towards these goals, especially as we have the data and solutions to help the industry achieve zero emissions, with data already within our reach.
We are confident that our innovative technologies are ready to tackle the challenges as we continue to innovate in the future of the aviation industry.
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The projected average annual growth rate of air passenger traffic is 3.6% from 2019 to 2042, according to Airbus.

"Single-aisle jets are expected to account for approximately 79.7% of commercial aircraft deliveries from 2023 to 2042."

The air travel demand in Asia and Pacific increased by 126.1% year-on-year.

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Content: 【 Printing 】
Global aviation industry maintains strong recovery
Related LINKS http: / / www.CRNT.com 2024-02-21 17: 28: 20
BEIJING, Feb. 21 / According to the People ’ s Daily, the International Air Transport Association (IATA) recently released a report saying that the total volume of passenger traffic in the global aviation industry in December 2023 increased by 25.3% year-on-year, reaching 97.5% of the December 2019 level.
Among them, international passenger traffic increased by 41.6% year-on-year, close to 90% of the pre-COVID-19 level; domestic passenger traffic increased by 30.4% year-on-year, which has exceeded the pre-epidemic level.
According to the report of the International Air Transport Association, with the gradual recovery of air capacity, global airline operating income is expected to reach US $896 billion in 2023, an increase of 21.7% year-on-year, 107% of the pre-epidemic income level, and net profit of US $23.3 billion.
At the market level, the markets in Asia Pacific, North America and Europe performed well.
As a result of the rapid recovery in domestic markets such as China, the international passenger traffic of airlines in the Asia Pacific region increased by 126.1% year-on-year, becoming an important driving force for the growth of the global air passenger business.
In terms of cargo tonnage kilometers, global air cargo demand in 2023 was 3.6% lower than in 2019. Since the second half of 2023, global air cargo demand has been picking up steadily, with the fourth quarter showing a particularly strong performance.
In addition, according to the "Global Air Transport Industry Outlook Report" released by the International Air Transport Association, with the further opening of the global aviation market and the introduction of favorable policies in various countries, the number of passengers in 2024 is expected to exceed 4.7 billion, a new high since 2019, and the industry revenue will reach $964 billion, an increase of 7.6%.
The annual passenger growth rate is expected to be 4.2% between 2023 and 2040, and the number of passengers is expected to reach 7.8 billion in 2040.
According to Willie Walsh, president of the International Air Transport Association, it is heartening that the global aviation industry has maintained a strong recovery in the post-pandemic era. With people's willingness to go out for business, study and travel in the future, the development momentum of the global aviation industry is expected to further strengthen.
At the same time, governments need to continue to adopt new strategic measures to promote the comprehensive recovery of the aviation industry from the aspects of infrastructure construction, energy conservation and emission reduction.
Rei Zheng, president of the International Aviation Research Institute and director of the aviation department of Swinburne University of Technology in Australia, said in an interview that the rapid recovery of the global aviation industry in 2023 reflects the resilience and adaptability of the industry, but the overall vitality of the forward industry still needs to be improved.
According to their own characteristics, airlines of various countries should find the market positioning, expand the development space, especially small and medium-sized airlines need to further cultivate competitive market segments.
【 Printing 】
Related News:

The aviation sector is expected to return to profitability after 2024, driven by an increase in air travel demand and the need for more fuel-efficient aircraft.

The North American market is forecasted to have the highest demand for new aircraft, with a demand of 9,160.

Title:

Content: China surging news reported on the 15th, the United States Boeing released the 2021 version of the "Civil Aviation Market Forecast" report on the 14th, noting that basically, the global market is recovering according to the company's 2020 expectations.
The recovery in domestic air travel demand is leading the trend, with the interregional market expected to recover with the relaxation of hygiene and travel restrictions, and eventually remote international travel will return to pre-pandemic levels in 2023-2024.
In the next 20 years, the demand for new aircraft will reach 43,610, the highest in the North American market is 9,160, and the demand in China is 8,700.
The report pointed out that the economic recovery has laid the foundation for a rebound in air passenger traffic, and the future prospects for air passenger traffic will remain stable.
Looking forward to 2025, GDP will increase by more than 15% compared to 2019, and GDP per capita will increase by about 10%.
The 21-year average passenger flow growth from 2019 to 2040 is expected to be 4%, in line with last year ’ s forecast, indicating that the basic global demand for air transport has not changed.
The report predicts that due to cyclical and structural market dynamics, the future air cargo market demand is strong, and full cargo aircraft is a significant growth area, including original cargo aircraft and modified cargo aircraft are forecast to increase from the previous year.
Thanks to the growth of e-commerce and the speed and reliability of air cargo, the world cargo fleet will increase from about 2,000 in 2019 to about 3,400, and the sustainable demand for air cargo will increase the global cargo fleet by more than 70% compared to the pre-pandemic size by 2040.
Notably, the report predicts that the world will need 19,000 civilian aircraft worth $3.2 trillion in the next 10 years, and demand for more than 43,500 new aircraft worth $7.2 trillion in the 20-year period to 2040, an increase of about 500 over the previous year ’ s forecast.
Among them, as of 2040, the demand for regional jets is 2,390, single-aisle aircraft 32,660, wide-body aircraft 7670, wide-body cargo aircraft 890, and aircraft demand totals 43,610.
The North American market has the highest demand, at 9,160, and the Chinese demand is 8,700.
This demand will lead to a 3.1% annual growth in the global active fleet, with the global civil aviation fleet set to surpass 49,000 by 2040, China, Europe, North America and Asia Pacific each accounting for 20% of new aircraft deliveries, with the remaining 20% going to emerging markets.
Traffic disruptions have a significant impact on aircraft deliveries and active fleets due to the pandemic. The report anticipates that the civil aviation industry will need more than 7,500 new wide-body aircraft by 2040 to meet fleet renewal and long-term growth in demand in the remote passenger and cargo market.
These demand increased slightly from the previous year, but decreased by 8% from 2019.
At present, single-aisle aircraft account for nearly 64% of the global passenger fleet, and single-aisle aircraft account for the largest proportion of new aircraft deliveries, roughly in line with pre-pandemic forecasts, accounting for 75%, and demand for more than 32,500 aircraft over the next 20 years.
The report notes that global demand for new single-aisle aircraft is driven by the size and flexibility of single-aisle aircraft.
In the future, these new single-aisle aircraft will continue to promote the development of low-cost airlines and provide the needed alternatives for older, less efficient aircraft.
The three regional markets for the new single-aisle aircraft are Asia Pacific, Europe and North America, which account for more than 80% of global low-cost airline capacity in 2019 and throughout the forecast period.
In addition, the report predicts long-term growth in the short-haul market, especially in emerging markets, and predicts that intra-regional short-haul travel accounts for more than half of the industry ’ s total growth demand, with inbound travel alone accounting for 17% of the industry ’ s new capacity.
Historically, excursions have been spurred by improved services, such as new direct routes and lower fares through low-cost airlines.
The report predicts that the share of Asian airlines in the global market will continue to increase, with China ’ s passenger share expected to grow from 15% in 19 years to 20% in 2040, and Asia Pacific ’ s passenger share expected to grow from 18% in 19 years to 21%.
# Growth # Planes # Forecasts # Future # Markets

Boeing expects to sell 17,645 new aircraft in the next 20 years, driven by increasing demand from the Asia-Pacific region.

Title:

Content: Aviation Carbon Fiber Market Set to Soar: Forecasting a $4.4 Billion Valuation by 2031

aviation-carbon-fiber-market-1675064937 (2)

Aviation Carbon Fiber Market Size, Share, Competitive Landscape and Trend Analysis Report : Global Opportunity Analysis and Industry Forecast, 2021-2031

PORTLAND, PROVINCE: OREGAON, UNITED STATES, June 6, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Aviation Carbon Fiber Market," The aviation carbon fiber market was valued at $1.5 billion in 2021, and is estimated to reach $4.4 billion by 2031, growing at a CAGR of 11.4% from 2022 to 2031.

Asia-Pacific is expected to experience significant growth during the forecast period. China, Japan, and India are expected to remain lucrative markets in terms of increase in investment and R&D by domestic and overseas players. Increasing number of deliveries of commercial as well as general aviation aircrafts, owing to the significant growth in air traffic is a key factor driving the growth of the market in Asia-Pacific region. The region is experiencing growth in global transport with significant increase in passenger transport and air cargo market.

๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-sample/A12804

In November 2021, Boeing, an American aircraft manufacturer, predicted that air travel within the Asia-Pacific region will account for almost half of the world's air travel by 2040, with 17,645 new aircraft worth $3.1 trillion over 20 years. The increase in demand for aircrafts from commercial, military, and general aviation segments is expected to drive the growth for aviation carbon fiber market share in the region.

The factors such as rapidly growing & booming aviation industry, expansion of aircraft fleets by airline operators and rising expenditure by government in the aviation sector are the primary factors expected to propel the growth of aviation carbon fiber market in China. China is expected to invest more than $80 billion in aviation projects to keep up with the increasing demand for air travel. Also, over the next 20 years, Chinese carriers are expected to expand their fleets by more than 1,500 aircraft, a number that represents 20% of the demand worldwide, which is expected to offer numerous growth opportunities for carbon fiber market during the forecast period.

On the basis of raw material, the global aviation carbon fiber market has been segmented into PAN-based carbon fiber and Pitch-based carbon fiber. The PAN-based carbon fiber accounted for a significant market share in 2021. PAN-based carbon fibers are made from a synthetic fiber called polyacrylonitrile (PAN). The manufacturing of PAN-based carbon fibers includes spinning of the PAN co-polymer to form the fibers. The constant advancement in the technology to develop PAN-based carbon fibers to manufacture aircraft bodies and parts is expected to drive the growth of the market. For instance, in December 2019, Solvay and SGL Carbon announced a collaboration to develop highly-competitive advanced carbon fiber composites for primary structures in the aerospace industry. Under this agreement, the companies aim to provide the market with the first composite materials based on large-tow intermediate modulus (IM) carbon fiber.

๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/aviation-carbon-fiber-market/purchase-options

There has been rise in use of carbon fiber in military aviation to provide significant weight and cost reductions. Moreover, there is an increase in the use of carbon fiber to produce military aircrafts as carbon fiber reduces around 50% of the structural weight of military aircrafts. Military aircrafts require lightweight structures to provide increased payload, improved agility, short take-off, long-range missions, and high maneuverable capabilities. The weight savings allow for a wider payload range, smaller subsystems for a given level of performance, and better fuel efficiency.

The rise in the application of carbon fiber to manufacture secondary structures, control surfaces, and wing & primary fuselage structures for military aircrafts is expected to drive the growth of the market. For instance, Eurofighter Typhoon is one of the most advanced fighter jets developed by a consortium of aerospace and defense companies from countries such as UK, Germany, Italy, and Spain. Its 40% of the structural weight is carbon fiber reinforced composite material. Moreover, the American fifth-generation fighter F/A-22 uses composite materials in fuselage, wings, and tail.

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The outbreak of COVID-19 reduced air transport and negatively impacted the aviation industry, which significantly decreased the demand for carbon fiber. The COVID-19 pandemic severely impacted global demand for carbon fiber and its composites due to parked commercial aircrafts, domestic & international travel disruptions, and restrictions on travel activities. However, post-pandemic, strategies are being developed by governments to increase the production of locally produced carbon fiber material, supporting the growth of the market. For instance, in 2021, Hindustan Aeronautics Limited signed a memorandum of understanding with Mishra Dhatu Nigam Limited to develop and produce composite raw materials such as carbon fiber.

๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A12804

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By raw material, the PAN-based carbon fiber segment is anticipated to exhibit significant growth in the near future.
By type, the continuous segment is anticipated to exhibit significant growth in the near future.
By end use, the military segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐๐๐๐๐ข๐ง๐  ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Mitsubishi Chemical Group Corporation, Nippon Steel Corporation, SGL Carbon, Teijin Limited, Toray Industries, Inc., Hexcel Corporation, Solvay, Hyosung, OJSC SvetlogorskKhimvolokno, and DowAksa.

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The region with the highest increase in air travel demand is Africa, with a 16.9% year-on-year rise.

Title:

Content: The International Air Transport Association (IATA) has released data for June 2024 for the global air travel industry.
• Total travel demand (measured in passenger revenue per kilometre), up 9.1% compared to June 2023.
Overall capacity (measured in available seats per kilometre) increased by 8.5% year-on-year.
The load factor in June stood at 85.0%, up 0.5 percentage points compared to the same period last year.
• Global travel demand increased by 12.3% compared to June 2023, while capacity increased by 12.7% year-on-year, and load factor improved to 85.0%, down 0.3 percentage points compared to June 2023.
• Domestic demand for travel increased by 4.3% compared to June 2023, and capacity increased by 2.1% year-on-year, with the load factor stabilizing at 85.0%, up 1.7 percentage points compared to June 2023.
Willie Walsh, Director General of the International Air Transport Association (IATA), said: “All regions recorded growth in demand with the start of the Northern Hemisphere summer travel season in June.
As total demand capacity growth slowed, we saw a load factor of 85% in both domestic and international operations.
Operating with such high load factors is both useful and challenging.
It is therefore important that all parties involved work efficiently to reduce delays and ensure that passengers arrive at their destinations on time. ”
Walsh added: “As the Olympic Games kick off in Paris, we are proud of the continued role of the aviation industry in supporting this event by bringing many athletes, fans and officials together, to remind us of the power of aviation to transform our world into a global community.
We wish France every success in hosting the Games, and we encourage all athletes to do their best in the coming weeks. ”
Global air travel markets - details by region
All regions recorded strong growth in international passenger markets in June 2024 compared to June 2023.
Airlines in the Middle East recorded a 9.6% year-on-year rise in travel demand.
Capacity increased 9.4% year-on-year, while the load factor stabilized at 79.7%, up 0.1 percentage point from June 2023.
Airlines in Asia Pacific maintained strong growth, up 22.6% year-on-year in travel demand.
Capacity increased by 22.9% year-on-year, while the load factor stabilized at 83.0%, down 0.2 percentage points from June 2023.
The Africa-Asia line was the fastest growing with an increase of 38.1%.
European airlines also reported a 9.1% year-on-year rise in travel demand.
Capacity increased by 9.8% year-on-year, while the load factor stabilized at 87.4%, down 0.6 percentage points from June 2023.
Airlines in North America reported a 6.6% year-on-year rise in travel demand.
Capacity increased 8.6% year-on-year, while load factor stabilized at 88.7%, down 1.6 percentage points from June 2023, the highest among all regions.
Latin American airlines also reported a 15.3% year-on-year rise in travel demand.
Capacity increased by 15.6% year-on-year, while the load factor stabilized at 85.1%, down 0.2 percentage points from June 2023.
African airlines saw a 16.9% year-on-year rise in travel demand.
Capacity increased 5.8% year-on-year, while load factor increased to 77.0%, up 7.4 percentage points from June 2023, the largest increase in load factor among all regions.
Local Markets
Domestic demand for travel surged in June in most major markets except Japan and Australia.
Brazil recorded the largest increase of 7.6% year-on-year, while domestic ticket sales in June for travel in July and August fell 0.9%, indicating a gradual decline in demand back to pre-pandemic growth rates.
- Done.
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Airbus anticipates selling 39,000 aircraft over the next 20 years to meet growing travel demands and reduce carbon emissions.

Title:

Content: Orders for Airbus are superior to Boeing.
T + T - normal size
The first major air transport exhibition, since the beginning of the spread of the coronavirus in Dubai, showed a great disparity in terms of trade performance between the European Airbus and the American Boeing as the sector emerges from the crisis that hit it for months.
As with every high-level international gathering in the sector, attention has focused on the two major aircraft manufacturers, who are scrambling to attract orders, but competition in Dubai has not been very intense, as Airbus appeared to have overcome the COVID-19 crisis with orders and agreements announcing intentions to sell 408 new aircraft, surpassing orders from the Paris exhibition in 2019, in exchange for contracts to sell 78 Boeing aircraft. G ".
The European manufacturer has hit hard since the first day of the Dubai show on Sunday with a firm order for 255 single-aisle A-321s, a plane whose range and capacity offer passengers flexibility that increases its appeal to airlines.
Airbus president Guillaume Fawry in Dubai said: “The prospects are beginning to blossom.
Airlines are also starting to look further ahead and prepare for the post-crisis period. ”
While global travel, still at half its 2019 level, is expected to recover between 2023 and 2025, demand for new aircraft should rise in the next 20 years, according to aircraft manufacturers.
Airbus expects to sell 39,000 planes and Boeing 43,000 to cope with the increase in travel and get planes that consume less fuel and thus emit less carbon dioxide.
The U.S. aircraft maker appeared conservatively at the show, announcing in a statement a major order for 72 single-aisle 737-MAX aircraft for India ’ s newly established Akasa Air.
The 737 Max crashes, 787 production problems and delays in the adoption of the future 777X wide-body aircraft caused the company to stumble.
Boeing Commercial Director Ehsan Munir told reporters that “safety and quality will be the guiding principles of everything we do. ”
The company showed at the exhibition the 777X aircraft for the first time outside the United States, in an indication of the near licensing, especially as the Dubai-based Emirates airline alone accounts for a third of the orders on the expected aircraft, but « Boeing » did not announce the start of the process of manufacturing a cargo version of the aircraft, as was hoped in Dubai, noting that this will be « soon ».
Airbus CEO Guillaume Fawry said the range of orders the company received at the Dubai Airshow this week had boosted its hopes of increasing production.
Airbus received 265 confirmed orders at the Dubai show, narrowing the gap with Boeing, which has topped sales this year as its 737 MAX emerges from a safety crisis.
A further 139 temporary orders raised Airbus ’ Dubai tally to more than 400 aircraft, while Boeing picked up firm orders for 72 MAX jets.
Airbus has agreed to increase production to 65 single-aisle aircraft per month by 2023 from an average of 45 scheduled for this quarter.
In addition, Airbus has asked suppliers to consider production rates of 70 aircraft by early 2024 and 75 by 2025, but has not yet made a decision.
Some suppliers have criticized the plans, expressing concern that recovery from the coronavirus epidemic remains incomplete.
Fawry told Reuters in an interview this week: “We are in the process of evaluating the application.
What happened (in Dubai) is important, because it gives, along with expectations and other upcoming deals, evidence that the demand we see for 70 / 75 will continue for many years. ”
The view of demand based on orders received by Airbus and its own assumptions based on conversations with airlines is in line with the picture provided by the new Airbus market outlook published at the show.
Airbus deliveries have fallen in the past three months, partly due to supply chain disruptions.
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What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The region with the strongest growth in air travel demand in June 2024 was Africa, with a 16.9% year-on-year increase.

Asia Pacific is expected to lead the growth in air travel demand, with a projected annual growth rate of 4.5% over the next 20 years.