Global demand is 43,610 new aircraft over 20 years, 75% single-aisle.

The in-service fleet reaches 46,560 by 2042, with passenger traffic up 3.6% annually.

About 80% of today’s passenger jets retire by 2040, and A320neo plus 737 MAX 8 comprise roughly half of deliveries.

Fuel is 20–25% of airline costs, driving more efficient fleets.

Asia-Pacific is set to represent half of global air travel by 2040.

North America and China will need 17,860 aircraft over 20 years (9,160 and 8,700).

The Middle East will require about 3,000 planes over 20 years.

Single-aisle sales rise from $86.6B in 2022 to $222.20B by 2030, with Asia-Pacific largest and Europe driving growth.

In Q1 2024 Airbus delivered 142 vs Boeing’s 83; 737 output is capped at 38/month; Airbus backlog is 8,598 vs Boeing’s 5,591, leaving Airbus best positioned to lead deliveries next decade.

China favors Airbus: 55% single-aisle share and 2,070+ in service; Boeing’s China sales slowed, with Airbus delivering 47 jets in a notable year vs Boeing’s one.

COMAC counts ~1,200 C919 orders at $99M, versus 737 MAX 8 at $121M and A320neo at $111M.

The 787 uses 25% less fuel than prior models, avoiding 125 billion pounds of CO2 since 2011.

The A350 burns about 25% less fuel per seat than predecessors.

Airbus targets hydrogen engines and zero-emission aircraft around 2035.

Airbus will test hydrogen propulsion on an A380 by 2026 for 2035 entry.

Boeing’s Sustainable Flight Demonstrator with a transonic truss-braced wing targets up to 30% lower fuel burn, first flight in 2028.

IATA expects sustainable aviation fuel to deliver ~65% of emissions cuts by 2050.

The U.S. aims to produce 3 billion gallons of SAF by 2030; the EU mandates 2% SAF in 2025 rising to 5% by 2030 and further by 2050.

Boeing remains competitive through NASA partnerships, but faces production constraints and weaker China sales.

Global demand is 43,610 new aircraft over 20 years, 75% single-aisle.

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

The in-service fleet reaches 46,560 by 2042, with passenger traffic up 3.6% annually.

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.

About 80% of today’s passenger jets retire by 2040, and A320neo plus 737 MAX 8 comprise roughly half of deliveries.

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

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

Fuel is 20–25% of airline costs, driving more efficient fleets.

Title:

Content: Oil prices
Flight tickets are flying...
Why didn ’ t prices drop due to the low price of jet fuel?
Faisal Al-Fayeq
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Demand for jet fuel has not yet returned to pre-COVID-19 levels.
The aviation sector consumes nearly 8 percent of the world ’ s refined petroleum products, or 8 million barrels per day.
The United States leads aviation fuel consumption at 1.4 million barrels per day, followed by China, which consumes about 400,000 barrels per day.
The COVID-19 pandemic crippled global air traffic, cutting fuel consumption by almost half.
Even if the pace of recovery in the international air travel industry varies from region to region, international seat capacity is currently 10 percent below 2019 levels, so a full recovery in aviation fuel demand to previous levels of 8 million barrels per day is not expected until 2027, especially as the International Air Transport Association (IATA) expects new aircraft to increase aviation fuel efficiency by about 2 percent annually, after the aviation industry witnessed a large-scale campaign. Replacement of old aircraft.
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Jet fuel prices in the United States have recently dropped to nearly $2 a gallon from about $4 a gallon a year ago, a significant drop of almost half from last year, and reached record levels of about $5 a gallon in April 2022.
The new aircraft are expected to raise aviation fuel efficiency by about 2 percent a year, after the aviation industry saw a widespread campaign to replace older aircraft.
Reuters reports that the average price of jet fuel in 2019 was $2 a gallon, meaning airlines spent $56 billion on jet fuel in 2022, up from $36 billion in 2019.
Standard & Poor ’ s Global expects global jet fuel demand to remain below 2019 levels for the time being due to a slow recovery in long-haul flights and a reduction in rising jet fuel consumption, especially in Asia.
Why didn ’ t the prices go down?
Jet fuel prices have fallen dramatically, unlike ticket prices that have kept rising.
What are the reasons?
There are several factors that contribute to this situation:
First, fuel costs represent a relatively small portion of total airline expenses and typically account for about 20 to 25 percent of total operating costs.
Therefore, lower jet fuel prices may not necessarily translate into a relative drop in ticket prices.
Second, airlines often pre-hedge their fuel purchases to protect against price fluctuations, meaning they may have stored fuel at higher rates before the current decline.
As a result, any drop in fuel prices may not directly affect the adjustment of airline profits.
The COVID-19 pandemic caused a major disruption to the aviation industry, reducing demand for air travel during 2020 and 2021, and inflicting heavy losses on airlines, at a time when the majority of global airlines had purchased new aircraft or were awaiting delivery of already funded orders.
To compensate for that loss, airlines had to take cost-cutting measures, such as reducing capacity and cancelling some flights, which resulted in ticket prices rising depending on supply and demand.
The most important factor contributing to the rise in airline ticket prices is the need for airlines to generate revenue and recover from financial losses incurred during the pandemic.
Is the aviation industry booming this summer?
Global demand for air travel after the pandemic remains marginal, and the chance of a major recovery in international air traffic this summer is fading by the day, with air travel in the United States still 22 percent below pre-pandemic levels in June, with a slight improvement in May, IATA data shows. It's a big list.
Travel and transportation are part of the economic recovery.
However, there is currently no balance between the demand for jet fuel and the actual supply, so ticket prices remain high as airlines no longer use all of their aircraft and are not fully operational.
It will also not commit to using all of its aircraft in the foreseeable future because the overall demand for air travel does not yet require it.
This may threaten the supply of jet fuel to be a victim of economic pressure and inflation, and is often seen as the product of relatively high-value jet fuel refineries, but subject to demand, so that refining is redirected to gasoline or diesel according to refinery profit margins.
The gradual rise in demand for gasoline and diesel after the pandemic has also increased incentives to operate refineries, contributing to increased jet fuel production and, consequently, higher inventory levels.
* Quote from "Magazine".
Disclaimer: All published articles represent the opinion of their authors only.
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Asia-Pacific is set to represent half of global air travel by 2040.

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.

๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
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

๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
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.

David Correa
Allied Market Research
+ 18007925285
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North America and China will need 17,860 aircraft over 20 years (9,160 and 8,700).

The Middle East will require about 3,000 planes over 20 years.

Title:

Content: Money and Business
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$765 billion over 20 years.
Boeing says Middle East will need 3,000 commercial planes
Boeing has revealed that passenger traffic in the Middle East and commercial aviation fleet traffic in the region is expected to more than double over the next two decades as it announces its 20- year forecast for the commercial aviation market for 2022.
Airlines in the Middle East have been able to successfully deal with the challenges caused by the pandemic by
Modify its business models and increase the use of cargo planes to raise revenue.
Looking ahead, Boeing expects the region ’ s fleet to expand to 3,400 aircraft to serve fast-growing passenger traffic, as well as growing air freight demand.
Randy Haysey, Boeing Commercial Airplanes ’ Marketing Director for the Middle East, Africa, Russia and Central Asia, said: “The Middle East is gaining ground as a leading hub for international travellers, and the Middle East economy is growing to be the starting point and final destination for business, tourism and leisure travellers.
The demand in the region for a versatile fleet will continue to meet the requirements of the business model of all commercial airlines and air cargo. ”
Boeing forecasts that the Middle East will require 2,980 new aircraft, valued at $765 billion, for passenger and commercial services.
More than two-thirds of demand will enable growth in the region, while the remaining third will replace older aircraft with more fuel-efficient models such as the 737 MAX, 787 Dreamliner and 777X.
It is worth noting that air cargo operations by Middle East carriers have continued to grow substantially in recent years, with the region operating two of the world ’ s top five carriers.
To meet future demand, the Middle East ’ s cargo fleet is expected to reach 170 carriers by 2041, double the pre-pandemic fleet.
Boeing ’ s Middle East Commercial Aviation Market Report 2022 also includes the following projections through to 2041:
♪
Passenger traffic is expected to grow by 4% annually.
♪
Demand for wide-body aircraft continues with 1,290 deliveries to support the growing network of international airlines.
♪
The single-aisle aircraft market in the Middle East will more than double to 1,650 aircraft serving regional and international destinations.
♪
The demand for commercial after-sales services, including maintenance and repair, has reached a value of about $275 billion.
♪
The Boeing Pilot and Technical Report 2022 predicts that the region will need 202,000 aviation personnel, including 53,000 pilots, 50,000 technicians and 99,000 crew members, over the next 20 years.
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Single-aisle sales rise from $86.6B in 2022 to $222.20B by 2030, with Asia-Pacific largest and Europe driving growth.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

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In Q1 2024 Airbus delivered 142 vs Boeing’s 83; 737 output is capped at 38/month; Airbus backlog is 8,598 vs Boeing’s 5,591, leaving Airbus best positioned to lead deliveries next decade.

Title:

Content:
Airbus Beats Boeing For Deliveries In 2024

by Tyler Durden
Monday, Apr 15, 2024 - 09:45 AM

Boeing’s deliveries of commercial aircraft have faltered in the first three months of the year, according to the company’s reports, published this week.

The U.S. aircraft manufacturer delivered just 83 planes in Q3, down from 130 in the same three-month period of last year.

In the meantime, its sole major competitor, Europe’s Airbus, saw an uptick in Q1, having delivered 142 of their planes, marking an increase from their Q1 2023 figure of 127.

Boeing has been mired in a series of safety issues since the start of the year, following a mid-air panel blowout on an Alaska Airlines 737 MAX 9 jet in January. This has led to a slowdown in production for the U.S. company, which is now limited to producing 38 of the 737 planes per month until it is clear that quality and safety procedures are being properly adhered to, as per the advisory of the U.S. Federal Aviation Administration (FAA). Boeing has slowed production even below this limit, with the company’s Chief Financial Officer Brian West stating that once the company has it “right” it will ramp up production, expecting to see figures improve in the latter half of the year.

Prior to 2019, Boeing had been in the lead for deliveries out of the two companies, but this changed following the two deadly 737 MAX 8 crashes of 2018 and 2019, and the ensuing temporary production halt of the model. While the same family, these were different planes than those involved in the more recent incidents and they were caused by different issues.

As Statista's Anna Fleck shows in the following chart, both companies saw dips in deliveries in 2020 with the Covid pandemic.

You will find more infographics at Statista

Boeing and Airbus are the world’s two major competitors when it comes to commercial plane manufacturing. While other manufacturers exist, they produce far lower numbers of aircraft than either of these two giants.

In a report by CNN, writer Allison Morrow explains that since pilots are trained in either Boeing or Airbus operating systems, it is difficult for airlines to switch planes.

With few companies having the capacity to produce large jets, both Airbus and Boeing continue to have a long backlog of orders (8,598 at the end of 2023 for Airbus; 5,591 at the end of March for Boeing).

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China favors Airbus: 55% single-aisle share and 2,070+ in service; Boeing’s China sales slowed, with Airbus delivering 47 jets in a notable year vs Boeing’s one.

Title:

Content: China signs 292 Airbus planes for US lemons
Author: Lu I
Published: Updated:
In the atmosphere of celebrating the 25th anniversary of Hong Kong ’ s return to China, an important piece of news is overlooked, but its significance cannot be underestimated. On July 1, China ’ s three major aviation groups announced an agreement with Airbus to purchase a total of 292 A320NEO series aircraft from Airbus at a total price of more than RMB 240 billion (China Southern, China Airlines and China Eastern respectively purchase 96, 100 aircraft from Airbus). A320NEO series aircraft, the basic price is about 12.248 billion US dollars, 12.213 billion US dollars, 12.796 billion US dollars).
This is the first time in nearly three years that China ’ s civil aviation industry has announced such a large number of aircraft orders.
This is also China's second major purchase of jet commercial aircraft since China Aviation Equipment Group signed a purchase agreement involving 300 aircraft with Airbus in France in 2019.
At that time, China purchased 290 A320 series and 10 A350 series models.
All orders are for the A320 series.
According to data released by Airbus and Cirium, the aviation data analysis agency, as of May this year, Airbus had a total of 1,771 single-aisle trunk aircraft operated by mainland Chinese airlines, accounting for 55% of the market in this category.
After World War II, aviation giants such as Boeing in the United States have always occupied an overwhelming position in the global commercial aircraft market, and commercial aircraft in European countries cannot withstand the pressure of competition from the United States and once succumbed to defeat.
Now in the Chinese market, Airbus and Boeing ’ s most critical market, the two differ, and it is clear that Boeing has been in a decline.
And it ’ s not as simple as the economy on the surface.
Boeing "Lemon"
Boeing expressed disappointment over the order of 292 Airbus aircraft by Chinese airlines, saying that "constructive dialogue" between European governments and Beijing had led to this major acquisition, and urged the U.S. and Chinese governments to engage in productive discussions.
Boeing said in an emailed statement: “As the largest U.S. exporter with a 50-year relationship with the Chinese aviation industry, it is disappointing that geopolitical differences continue to limit U.S. aircraft exports. ”
Boeing ’ s sales to China have historically supported tens of thousands of jobs in the United States, and we expect to quickly resume orders and deliveries. ”
Boeing has historically regarded a Chinese airline as its biggest customer, but its operations in China have slowed after two crashes of its best-selling 737 Max model and heightened political tensions between the United States and China.
In May, China Southern removed more than 100 Boeing 737 Max aircraft from its recent fleet plan due to delivery uncertainty.
So far this year, Boeing has delivered just one commercial aircraft to China, while Airbus has delivered 47.
And a few days ago, an article on the US politico website used to smear Airbus to make an excuse for Boeing ’ s declining share in the Chinese market.
The title of the article is “Report says that EU Airbus has deep ties with China ’ s military-industrial complex ” and that while Boeing ’ s aircraft sales in China have been hit by the U.S.-China trade war under former US President Donald Trump, Airbus has had greater success in China.
The US media is full of "envy and jealousy" for the development of Airbus in China, which is completely unreasonable speculation.
Product performance and other factors are an important basis for Chinese airlines to choose to cooperate with Airbus. The United States does not reflect on Boeing's aircraft performance, safety and other problems, and blindly from the geopolitical point of view to speculate between China and Europe civil aviation procurement cooperation, it is simply unable to solve its own decline in the Chinese market share of the real dilemma.
Airbus is very attentive in China.
China has long been a key market for Airbus and its U.S. rival, Boeing, as both companies struggle to expand their presence in China.
Since the Max grounding, Airbus has come a long way ahead of Boeing in competing for passenger orders and market share.
Airbus said that as of the end of May 2022, the total number of active Airbus fleet owned by Chinese airlines exceeded 2,070.
This includes not only jet aircraft, but also a variety of products such as helicopters.
By the end of 2018, the number of Airbus civilian aircraft in service in China had exceeded 1,700, and the total number of aircraft delivered to China accounted for nearly a quarter of Airbus ’ total deliveries.
Air Passenger official website announced that it has obtained a large order in China. (File picture)
It ’ s worth noting that since entering the Chinese market in the mid-1980s, Airbus has been localized like several other multinationals.
According to the official website of Airbus, Airbus civilian aircraft in China, including joint ventures located in various parts of the country, have more than 1,900 employees.
Among them, many employees work at the A320 series aircraft assembly line in Tianjin, China.
This assembly line opened in 2008. In October 2020, the 500th aircraft produced by this assembly line was delivered to customers. In 2017, the new A330 aircraft completion and delivery center opened in Tianjin, China.
Located on the same campus as the A320 Series Asia Terminal and the Airbus Tianjin Delivery Center, the center is Airbus ’ first wide-body aircraft completion and delivery center outside Europe and is responsible for cabin installation, painting, flight testing, customer acceptance and delivery of the A330 aircraft.
It is particularly worth mentioning that the A320NEO series aircraft purchased this time, from a product performance perspective, the A320neo series integrates new technologies such as a new generation of engines, which can reduce fuel consumption by 20% and significantly reduce the cost of airlines.
To meet growing orders, Airbus is pushing ahead with plans to increase production of its best-selling A320 series aircraft to 75 per month by 2025.
In addition, in November 2017, the Airbus China Innovation Center was located in Shenzhen, China, with the intention of accelerating innovation in the aviation sector by leveraging Shenzhen ’ s global competitive advantages in technology research and development, industrialization, and international expansion.
In 2019, Airbus and China signed a Memorandum of Understanding on Further Industrial Cooperation, marking the continued strengthening of the long-term partnership between Airbus and China.
Recently, on June 24, 2022, Airbus China R & D Center signed a contract to settle in Suzhou Industrial Park.
Airbus is committed to leading the decarbonization process in the aerospace industry, and the company is working to bring the world ’ s first zero-emission civilian aircraft to market by 2035.
The establishment of the R & D center further expands Airbus ’ industrial footprint in China, demonstrating Airbus ’ roots in China and deepening cooperation.
The political implications of 292 aircraft
There is no doubt that this big order should be the result of a very long and arduous negotiation.
When the NATO strategy lists China as a “challenge ”, it is also worth playing with.
A real transcript, directly ripped apart the reality of the different tones of Europe and America.
The reality is here – there is no fundamental contradiction between China ’ s and Europe ’ s interests, or at best, ideological differences.
Geographically, there are no contradictions between China and Europe; economically, there are no contradictions in the complementary relationship between China and Europe; and the common interests of Sino-European cooperation are objectively far greater than contradictions.
The NATO of the United States wants everyone to work together against China. Although the NATO of the European Union also hopes to contain and suppress China, it also hopes to gain benefits from cooperation with China.
China is also very clear that there are strategic differences between the United States and Europe on the issue of China, which is determined by the fundamental interests of the two, and Europe has no hegemony and no power to seek hegemony, so there is no strategic contradiction in the nature of China and Europe.
The Chinese market is so large that the passenger aircraft market alone is a trillion-dollar business, and the only companies in the world that can produce large passenger aircraft are Boeing and Airbus. Who are China's orders to?
The order itself, in practical behavior to tell the world, China is the world's largest market, any country as long as it cooperates with China, can get a substantial enough economic return.
Obviously, the reality is that cooperation can win, not oppression and discredit.
The China-Europe Investment Agreement has not yet been signed, and if it is signed, the benefits will be even greater.
In 2022, as the world is looking forward to economic recovery, the global economy has encountered great challenges.
In the first quarter, the US economy grew negatively on a monthly basis, and the European economy grew almost zero.
For the European economy, it needs a huge incremental market to stimulate, and it needs stable market demand, which only China can provide, and the Central European economy is very complementary.
Europe and the rest of the world need to think calmly about whether to be "kidnapped" in a tank or to seek development.
You may be interested

COMAC counts ~1,200 C919 orders at $99M, versus 737 MAX 8 at $121M and A320neo at $111M.

Title:

Content: C919 Visit Hong Kong _ How strong are Chinese aircraft? Compete against Boeing 737 and Airbus A320
Author: Au Jingluo
Published: Updated:
China ’ s C919 visited Hong Kong and gave a flight demonstration over Victoria Harbour on 16 December. What is the difference between the C919 and the C919, which is the first large domestic aircraft and is regarded as a rival to similar models of Boeing and Airbus?
Cut-off and flight distance
The C919, Boeing 737-MAX and Airbus A320neo are all narrow-body aircraft, three of the same size, designed for short and medium routes.
The first comparison is the passenger capacity and flight distance:
C919: Standard passenger capacity 168 people, range about 4600 km
737-MAX 8: Standard passenger capacity of 178 people, range of about 6,500 km
A320neo: Standard capacity of 194 passengers, range of about 6,500 km
In terms of passenger capacity, the C919 has a passenger capacity of 168 to 190, which is not comparable to the 737-MAX 8 and the A320neo, but it is not far apart.
The C919 and the other two use CFM LEAP engines (-1A, -1B and -1C respectively), both of which are of the latest generation.
Theoretically, the distance between the three should be similar, but this is not the case.
Due to the design and use of different components, the C919's fuel capacity and efficiency are low, so the range of the 737 MAX and the A320neo is not comparable, which has an impact on the flight distance.
China Southern Airlines' first Boeing 737 MAX 8 aircraft (registration number B-1206) landed at Guangzhou Baiyun International Airport. (Weibo @ China Southern Airlines)
Cost and production
Then there ’ s the build price, which is $99 million for the C919, down from $121 million for the 737-MAX 8 and $111 million for the A320neo.
However, it is not surprising that aircraft manufacturers will slash prices to attract orders, even at a 50% discount, and the C919 needs the same discount to attract airlines to buy.
Because the C919 is currently almost exclusively ordered by Chinese airlines, it is difficult to compare with the international sales of Boeing and Airbus aircraft.
However, since this is a domestic aircraft, it is believed that it will be cheaper to attract domestic airlines to buy it under state subsidies, and may be cheaper than the 737-MAX 8 and A320neo.
COMAC claims that nearly 1,200 orders have been placed for the C919, but only a few have been delivered on the production line.
China Commercial Aviation has indicated that it will reach a production rate of 150 aircraft per year within five years, which is still a long way from Boeing and Airbus producing about 60 aircraft per month.
Pictured is an A320neo from ITA Airways on April 28. (Reuters)
Three Days in the Future
As COMAC increases its production, it can be expected that Chinese airlines will prefer to opt for the C919 over other aircraft.
Airbus CEO Guillaume Faury has said that the C919 will make the narrow-body market a "three-point world" in the next decade, at least in China.
At present, the biggest resistance to the C919 is the international market. It is difficult to expand overseas because it is not certified by the Federal Aviation Administration (FAA) or the European Aviation Safety Agency (EASA).
However, as China Commercial Aviation continues to improve its aircraft, it is almost certain to increase its passenger capacity and range to the equivalent of the 737-MAX 8 and the A320neo.
When the C919 or future model gets international certification and exports, it will change the situation of the two-headed monopoly of Boeing and Airbus for decades.

The 787 uses 25% less fuel than prior models, avoiding 125 billion pounds of CO2 since 2011.

Title:

Content: Lufthansa Group Receives First 787 Dreamliner

- Europe's largest airline group takes delivery of first of 32 787s it has on order
Published: Aug. 29, 2022 at 8:41 PM EDT|Updated: 45 minutes ago

SEATTLE, Aug. 29, 2022 /PRNewswire/ -- Boeing [NYSE: BA] and the Lufthansa Group today celebrated the delivery of the first 787 Dreamliner, a 787-9, to Europe's largest airline group at Paine Field, Everett, Wash.

The Lufthansa Group has 32 firm orders for the 787 and joins nearly 50 customers worldwide in operating the industry's most fuel efficient and capable airplane. Boeing designed the 787 family with superior efficiency, which allows airlines to profitably open new routes and fly people directly where they want to go in exceptional comfort.

Using 25% less fuel and creating 25% fewer emissions than the airplanes they replace, the 787 family has avoided more than 125 billion pounds of carbon emissions since entering service in 2011.

"With the Boeing 787, we are introducing another modern aircraft type that is one of the most fuel-efficient long-haul aircraft in our fleet," said Jens Ritter, CEO Lufthansa Airlines. "This will allow us to significantly further improve the average CO2 balance. This aircraft is sustainable and offers customers a premium flying experience."

Since revenue service began in 2011, the 787 family has launched more than 325 new nonstop routes around the world, including approximately 50 routes opened since 2020. The 787-9 can fly 296 passengers up to 7,565 nautical miles (14,010 km) in a typical two-class configuration.

"Today's delivery to the Lufthansa Group is a significant milestone for both companies as we resume European 787 deliveries and Lufthansa receives its first 787. I am delighted to see Lufthansa join a growing set of airlines worldwide operating the industry's most capable twin-engine airplane," said Stan Deal, president and CEO of Boeing Commercial Airplanes. "With unmatched fuel efficiency and huge passenger appeal, the 787 will play an integral role in the Lufthansa Group's long-haul network."

In addition to 32 787 Dreamliners on order, the Lufthansa Group has firm orders for 20 777-9 passenger airplanes and recently placed a firm order for seven of the new 777-8 Freighter.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future and living the company's core values of safety, quality and integrity. Learn more at www.boeing.com.

###

Contact
Keelan Morris
Boeing Communications (London)
Mobile + 44(0)208 235 5664
keelan.j.morris@boeing.com

View original content to download multimedia:

SOURCE Boeing

The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.

The A350 burns about 25% less fuel per seat than predecessors.

Title:

Content: ITA Airways: a video for the Airbus A350 first flight in blue livery

0
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The new Airbus A350 made its first flight in the new Company’s colours. A video celebrates ITA Airways’ new flagship

  • A sustainable aircraft: lighter, quieter, and more efficient, it delivers 25% less fuel consumption and CO2 emissions per seat – the lowest figures in its category 70% advanced, lighter materials ensure less weight and more range, state-of-the-art aerodynamics deliver further fuel efficiency
  • From June, the A350 will serve the new intercontinental routes in the 2022 summer season of ITA Airways.

The new Airbus A350-900 of ITA Airways performed its first flight in the Company’s blue livery. The video of the flight that took place at the Airbus headquarters in Toulouse is available at this LINK

This latest generation aircraft, the A350 will join the ITA Airways fleet in June to serve the new intercontinental routes that the company will open in the 2022 summer season from Rome Fiumicino to Los Angeles, Buenos Aires, Sao Paulo and Tokyo.

The introduction of the Airbus A350 in the ITA Airways fleet represents an important step towards sustainability and is in line with the objectives of the international “Fit for 55” package, whose objectives are shared by ITA Airways.

The arrival of the flagship aircraft will enable the company to offer modern, environment-friendly aircraft featuring cutting-edge technology with the aim of reducing CO2 emissions by 750,000 tonnes over the 2021-2025 plan timeframe.

During the first flight, the Airbus A350 featuring the new blue livery of ITA Airways flew in cruise to complete the preparatory cycle before its entry into operations.

The Airbus A350 Family is the world’s most modern and efficient widebody family and an undisputed long-range leader. It is the lightest, quietest, and most efficient aircraft in its category.

A 70% weight reduction has been achieved courtesy of advanced, lighter materials, while cutting-edge aerodynamics and the world’s most efficient large Rolls-Royce aero engine (the Trent XWB) optimise range and payload for greater efficiency. Thanks to the new aircraft, ITA Airways will benefit from a 25% reduction in fuel consumption and CO2 emissions per seat compared to previous generation aircraft as well as any other aircraft in its category.

On the A350-900, every detail has been designed with aerodynamic efficiency in mind, from the 3D curved windshield to the way the flaps uniquely deploy along the line of flight. This state-of-the-art, nature-inspired aerodynamics includes a unique wing morphing technology that continuously optimises the wing profile to reduce drag and lower fuel burn.
ITA Airways is proud to add the Airbus A350 to its fleet, an aircraft which will allow the company to further develop its intercontinental network.

Rome, 21 April 2022

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Airbus targets hydrogen engines and zero-emission aircraft around 2035.

Title:

Content: Human beings and nature are inseparable, sustainable development is the focus of human beings since the new century. Global sustainable development is economic, ecological and social multi-dimensional sustainable, facing a series of challenges such as energy shortage, climate change, population growth, epidemics, social inequality, etc., these problems need scientific and technological support, and finally achieve harmonious coexistence between human beings and nature.
At the 70th session of the United Nations General Assembly in 2015, 193 Member States signed the 17 Sustainable Development Goals (SDGs) and the 169 Agenda for Transforming Our World: The 2030 Agenda for Sustainable Development, which aims to comprehensively guide humanity on the path to sustainable development in three dimensions: social, economic and environmental.
On December 4, the BEYOND Organizing Committee made great efforts to build the Sustainable Development Goals (SDG) Summit. Under the chairmanship of Chen Yonglan, Senior Partner of Oerizer Fund Group and President of Asia Pacific China, Philipp Visotschnig, Vice President and Chief Financial Officer of Airbus China; Xue Wujun, General Manager of Huawei Digital Energy Global Market; Kasai Michihiko, General Manager of KDDI Open Innovation Fund; Leslie Maison, New Development Bank Asdorp.
An in-depth exchange on the topic “Global Opportunities and Challenges for Investing in Sustainable and Smart Infrastructure ”.
Focus on green energy for sustainable development
The key areas of the SDGs are climate change and sustainable infrastructure development.
The guests first shared with us how businesses support sustainable development.
Philipp Visotschnig, vice president and chief financial officer of Airbus China, said that the aerospace sector is facing sustainable development challenges, and climate change is the biggest challenge facing humanity today.
Aviation accounts for 2.5% of today ’ s human carbon emissions.
The SDGs need to be embedded in products, in the development process, in the way that will shape the future of the next decade.
Second, aviation and the internet are the only industries that really connect people and can bring people around the world together.
A regulatory framework that is fair to everyone should be established to find the right pricing.
Xue Wujun, general manager of Huawei Digital Energy Global Market, said that Huawei has always attached great importance to sustainable development.
On the one hand, Huawei releases a report on sustainable development every July; on the other hand, sustainable development is a strategy of Huawei, paying particular attention to green environmental protection, mainly from three aspects to achieve.
First, reduce carbon emissions.
The second is to promote a circular economy, and the third is to introduce renewable energy.
In terms of reducing carbon emissions, Huawei ’ s carbon emissions in 2020 fell by about 33.2% compared to 2012, exceeding the target of its 2016 commitment.
In promoting a circular economy, use recyclable and degradable environmentally friendly materials, and maximize the use of product materials, packaging materials.
In terms of introducing renewable energy, Huawei's manufacturing plants and several research institutes have installed photovoltaic power generation, which can generate 19 million kWh of electricity annually, equivalent to reducing carbon emissions by 9,000 tons.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, sees the financial sector as playing a crucial role in driving carbon neutrality.
Most companies have announced goals to be carbon neutral by 2050.
This will lead to a number of business model changes.
Finance plays a crucial role in this.
Many banks have introduced new green financial instruments, and central banks have used regulatory powers to ensure that commercial banks encourage customers to invest more in the green space.
What ’ s more, consumers can recognize that their personal consumption behavior will affect environmental change, which is not the responsibility of banks, central banks, governments, this is the ongoing social change.
"Companies that are able to successfully innovate and deliver green products, green solutions will be the most successful, ultimately gaining greater value in the market," added Leslie Maasdorp.
Kasai Michihiko, managing director of the KDDI Open Innovation Fund, said that many companies see SDGs as an important business area.
But in reality it ’ s a social problem that “a company ’ s ideas or actions aren ’ t enough to solve the problem. ”
It requires collaboration and synergy between users, large companies, startups and governments. ”
Reduce Carbon Emissions and Help Achieve Carbon Neutrality
There has been a lot of discussion about whether aircraft use renewable energy or gasoline, and Philipp Visotschnig, vice president and chief financial officer of Airbus China, commented and shared the future trends.
Airbus has promised to be carbon neutral.
And it is ready to offset the growth in carbon emissions through financial mechanisms.
Second, Airbus is committed to achieving net CO2 emissions by 2050 and is working towards that end.
“We see two technologies that can control the growth of carbon emissions.
First, Airbus ’ long-term vision is to use hydrogen engines and commit to having the first hydrogen aircraft by 2035.
In addition, the medium-term solution is to use sustainable aviation fuels based on seaweed.
Airbus is working with engine manufacturers to get it certified.
It is also working with governments to create markets and ensure that airlines have the opportunity to take action.
At the same time, manufacturers also have the opportunity to make money.
2050 may seem a long way off, but we ’ re working on it.
First, using existing technology, we reduce emissions by 2.1% per year.
Second, since 1990, 10 billion carbon dioxide emissions have been reduced, and if future aircraft fly with hydrogen as fuel, and there is enough hydrogen available, 20 years from now Airbus and the aviation industry will really help reduce carbon emissions and be carbon neutral, ” Philipp said.
Subsequently, Xue Wujun also shared Huawei's specific means and measures to reduce emissions for users or industries.
As a communications equipment company, Huawei has previously placed great emphasis on helping customers achieve their values and goals through technological innovation.
Now carbon integration has become the world's broadest consensus, and customers are also paying great attention to it.
In response to the demand, Huawei established Huawei Digital Energy Technology Co., Ltd. in June 2021, which is committed to integrating digital technology and power electronics technology for innovation.
Carbon neutrality in the future is mainly to reduce carbon emissions to 0, the main source of carbon emissions is actually 40% from electricity, electricity is mainly the use of fossil energy, so the core of carbon integration is energy change.
In terms of power generation, Huawei replaces traditional fossil energy with renewable energy.
From clean power generation, efficient electricity consumption, to the electrification of transportation, the integration of digital technology and power electronics technology and the introduction of intelligent photovoltaic solutions, power generation can be increased by 2 to 3%, and operation and maintenance costs can be reduced by 50%.
To help customers and society as a whole use energy more efficiently through digitization and infrastructure, while saving energy use, and finally achieving a carbon-neutral goal.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, then talked about how to help emerging economies achieve their goals, saying that the core and main task of the New Development Bank is sustainable development.
Since its inception, the NDB has never funded coal-fired power stations or mines. "Sustainable development is a goal we have always pursued, and the role of the development bank is to promote and solve problems.
We are working on a series of strategies where the historical responsibility for the climate crisis facing developing countries is relatively small, and we must find a policy to ensure that the transition to carbon neutrality is done in a fair and adjustable manner, taking into account the historical responsibility of the developed countries.
Therefore, as development banks, we must not only use our capital, but also find equitable ways to promote economic growth and sustainable development. "

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Which manufacturer is going to test hydrogen engine for aircraft?

Airbus will test hydrogen propulsion on an A380 by 2026 for 2035 entry.

Title:

Content: Airline Airbus is preparing to test an environmentally friendly passenger aircraft with a hydrogen engine
European aviation giant Airbus plans to test a hydrogen engine in a modified A380 aircraft in 2026.
The company is considering the prospect of using low-emission fuel for commercial air travel, CNBC reports.
Airbus is partnering with engine manufacturer CFM International, a joint venture between General Electric ’ s aviation division and French company Safran.
Work is underway on a test aircraft that will include a modified version of the engine already in use.
It will have to withstand higher loads.
Airbus says test flights could begin in 2026.
The aviation industry accounts for more than 2% of the world ’ s total carbon emissions.
Airbus says it is working on a hydrogen-powered passenger plane scheduled to enter service in 2035.
The American corporation Boeing competes with the European aviation giant, which focused on the use of a relatively environmentally friendly type of traditional aviation fuel.
The company ’ s CEO, Dave Calhoun, has said he does not expect a hydrogen-powered aircraft to arrive on a significant scale before 2050.
Airbus has chosen its A380, the world ’ s largest passenger aircraft, to be equipped with a hydrogen engine because it has room for storing liquid hydrogen tanks and other equipment.
At the end of 2021, the concept of a hydrogen aircraft was presented in the UK.
It will be able to carry 279 passengers at the same time and fly with the same speed and comfort as modern aircraft.
The project is being developed as part of the government-supported FlyZero project.
Hydrogen technologies are also being developed in the automotive industry.
Hyundai Motor Group said it plans to offer hydrogen fuel cell versions for all of its commercial vehicles by 2028, and two years later will lower the prices of these cars to the level of electric car prices.

What does Airbus plan to do to bring the low-emission fuel to commercial air travel?

It plans to test hydrogen-powered engines on a modified A380 by 2026.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

Which manufacturer is going to test hydrogen engine for aircraft?

Boeing’s Sustainable Flight Demonstrator with a transonic truss-braced wing targets up to 30% lower fuel burn, first flight in 2028.

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Support the Biden net zero plan!
NASA and Boeing build new aircraft to reduce emissions
The US Space Agency (NASA) announced on the 18th that it will work with Boeing to create a new commercial, fuel-efficient single-aisle aircraft.
The aircraft, which uses new technology, is expected to support the U.S. aviation climate action plan proposed by the Biden administration in 2021. (Photo taken from NASA Twitter)
2023 / 01 / 20 00: 11
NASA announced on the 18th that it will work with Boeing to create a new single-aisle aircraft that reduces emissions.
The aircraft, which uses new technology, supports the U.S. Aviation Climate Action Plan proposed by the Biden administration in 2021 to achieve net zero aviation carbon emissions by 2050, with the first test flight expected in 2028.
According to CNN, this new passenger opportunity minimizes fuel emissions and climate impact while sailing, NASA said that the new aircraft's special wing design (Transonic Truss-Braced Wing) combined with the transonic truss can consume less fuel, and emissions will be reduced by 30% compared to the current aircraft.
According to NASA Administrator Bill Nelson, the goal of the experiment is to “produce and test full-size displays to build more fuel-efficient commercial aircraft of the future, which is good for the environment, commercial aviation and global passengers. ”
The first test flight of the experimental aircraft is scheduled for 2028, and the goal is to adapt the new technology to about 50% of the aviation market through short- and medium-range single-aisle aircraft.
According to NASA, passenger airlines rely mainly on single-aisle aircraft, and nearly half of global aviation emissions come from single-aisle aircraft.
However, Deputy Director General for Aviation Peter Pierce pointed out that the key to energy efficiency of the wing has long been known, and the difficulty is still in the design of the existing structure and the application of materials to the special structure.
NASA ’ s partnership with Boeing is funded by the U.S. Space Act agreement. NASA will continue to invest $425 million over the next seven years, and Boeing and its partners will replenish the remaining funds to invest in the technology program, with research spending estimated at more than NT $30 billion.
The Biden administration set a goal in 2021 to achieve net zero greenhouse gas emissions in the U.S. aviation industry by 2050, while the White House ’ s current short-term goal is to reduce aviation carbon emissions by 20 percent by 2030.
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What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

IATA expects sustainable aviation fuel to deliver ~65% of emissions cuts by 2050.

Title:

Content: Korean Air introduces Cargo SAF Program

Korean Air will launch a program to use sustainable aviation fuel (SAF) for air cargo operations in cooperation with air cargo customers and forwarders.

Customers can make customized contributions through the Korean Air Cargo SAF program and reduce their carbon footprint. Korean Air will use the contributions to purchase additional SAF and share with customers the amount of carbon emissions reduced by using SAF.

The airline’s initiative is a part of its ongoing effort to reduce carbon emissions and raise awareness in the air cargo sector to achieve net zero carbon emissions by 2050.

SAF is an environmentally-friendly aviation fuel derived from alternative raw materials that may be blended with existing conventional jet fuel. From production to consumption, sustainably-produced SAF may reduce carbon footprint up to 80% compared to existing fossil-derived aviation fuel. IATA expects SAF to account for 65% of the mitigation needed to achieve the industry’s net zero goals by 2050.

Korean Air has been at the forefront in paving the foundation for SAF usage in the Korean domestic aviation industry. The airline has actively participated in the Korean government’s “eco-friendly biofuel activation alliance” since last October, to introduce and promote new biofuel in Korea. The airline will continue to work with stakeholders in the government, private institutions, and refiners to review various domestic and international demonstration projects to increase SAF production and application.

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“We’re pleased to work together with our clients to reduce carbon emissions from cargo operations through the SAF program,” said Jaedong Eum, Senior Vice President and Head of Korean Air’s Cargo Business Division. “Korean Air is committed to sustainable development with our next generation in mind.”

The U.S. aims to produce 3 billion gallons of SAF by 2030; the EU mandates 2% SAF in 2025 rising to 5% by 2030 and further by 2050.

Title:

Content: Alert
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Sea and air transport low carbon fuel popularity slow 2050 net zero carbon emissions stumbling block
More than 130 countries have declared net zero carbon emissions by 2050.
However, the world ’ s carbon-emitting maritime and aviation industries are still in the embryonic stage of low-carbon sustainable fuel use, mainly because traditional fuels are still difficult to replace when dealing with high energy density and long-distance navigation.
Under the 2015 Paris Agreement, nearly 200 countries around the world agreed to work to reduce warming to less than 2 degrees Celsius by the end of the century compared to pre-industrial levels, and to try to keep it below 1.5 degrees Celsius.
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) will be held in Dubai from November 30 to December 12 in the United Arab Emirates, where the phasing out of fossil fuels will be the focus of the agenda.
According to The National, aviation accounts for 2% of global carbon dioxide emissions, and sustainable aviation fuel (SAF), made from waste cooking oil, agroforestry biomass waste and other raw materials, is seen as an important option to curb aviation ’ s carbon footprint because net CO2 emissions are much lower than fossil fuels.
According to the International Energy Agency (IEA), the amount of sustainable aviation fuel contracted between fuel suppliers and airlines increased from 2.38 billion gallons in 2021 to 5.8 billion gallons in 2022.
However, the International Energy Agency believes that by 2027, low-carbon fuel production will only meet a small proportion of aviation fuel demand.
Mark Martin, chief executive of aviation consultancy Martin Consulting, told The Nation that the cost of producing sustainable jet fuel is 20 to 40 times higher than the average jet fuel.
The current oil infrastructure is used to convert crude oil into refined products such as diesel and petroleum, but producing sustainable aviation fuels requires a “whole new level ” of technology.
Air France-KLM Group, a French-Dutch consortium, has invested $4.7 million in the sustainable aviation fuel industry ’ s DG Fuels plant in Louisiana, US, on track to achieve a 10% share of sustainable aviation fuel use by 2030.
“The company has been given the option to purchase up to 25 million gallons or 75,000 tons of sustainable aviation fuel per year for a period of several years starting in 2029, ” the Air France Group said in a press release today.
The European Union reached an agreement earlier this year to set binding targets for European airlines to increase the use of clean fuels.
The agreement stipulates that by the end of 2025, suppliers must guarantee that 2% of the fuel supplied to EU airports will be clean fuel, then increase to 6% by the end of 2030, 20% by the end of 2035, and 70% by the end of 2050.
In the United States, the world ’ s largest aviation market, Washington aims to work with the aviation industry to achieve an annual production of 3 billion gallons of sustainable aviation fuel by 2030, and plans to achieve the goal of all aviation fuel as sustainable aviation fuel by 2050.
The US inflation reduction bill, which came into effect last year, provides fuel producers with a tax cut of $1.25 per gallon.
International shipping, which accounts for more than 80% of world trade and about 3% of global anthropogenic carbon dioxide emissions, has made little progress in decarbonization. Despite the continued development of electric ships for short-range transportation, the use of zero-carbon fuels such as green hydrogen and green ammonia is still very limited and is not expected to increase significantly until 2030.
The aging of ships is also a factor in the negative net zero carbon emissions of the maritime industry.
At the beginning of 2023, the average ship age of the world ’ s ocean shipping is 22.2 years, and more than half of the ships are more than 15 years old. These ships are old enough to be refurbished, but they are not yet obsolete, and they are at an awkward time.
In addition, the adoption of alternative fuels in the maritime industry is still in its infancy.
According to the United Nations Conference on Trade and Development (UNCTAD), 98.8% of ships are still on fossil fuels.
According to UNCTAD ’ s Review of Maritime Transport 2023 in September, only 21% of new ship orders use clean energy.
UNCTAD estimates that the annual cost of decarbonization of the global maritime fleet could be as high as US $28 billion by the end of 2050, not including up to US $90 billion per year for infrastructure that uses 100% carbon neutral fuels.
On the other hand, the International Maritime Organisation raised its decarbonisation targets for the maritime industry this year and confirmed the development of new fuel standards and greenhouse gas emission pricing mechanisms.
Set a target of at least 20% carbon reduction by 2030 and 30% reduction by 2040 compared to 2008, and at least 70% carbon reduction by 2040 and 80% by 2040.
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New round of Sino-US economic and trade dialogue He Lifeng and Yellen agreed to communicate directly on a regular basis
Chinese Vice Premier He Lifeng and US Treasury Secretary Yellen launched a new round of Sino-US economic and trade dialogue in San Francisco on the 9th and 10th. According to a press release of the US Treasury Department, the two sides discussed the bilateral economic relations between China and the United States.
Is the US-China trade relationship turning around?
He Lifeng Ye Lun talked about 10 hours of detail exposure
Vice Premier of the State Council He Lifeng held a round of economic and trade dialogue with the United States Secretary of the Treasury Yellen from 9 to 10. The two sides held a number of rounds of talks and a working dinner.
Sea and air transport low carbon fuel popularity slow 2050 net zero carbon emissions stumbling block
More than 130 countries have declared net zero carbon emissions by 2050.
However, the global shipping and aviation industry, which emits large amounts of carbon, is still in the embryonic stage of low-carbon sustainable fuel use.
TSMC bear factory surrounding land speculation high landlord rent 3.5 times forced to leave the small shop
TSMC stationed in Kumamoto, Japan, the Japanese government said on the 9th that it will add 1.9 trillion yen to the semiconductor industry, of which 900 billion yen (about NT $1920 billion) will subsidize the Kumamoto II plant built by TSMC to expand the scale of subsidies for TSMC.
However, Japanese media reported that local landlords in Kumamoto drove away local businesses with rents of 3 to 3.5 times, due to a shortage of residential and commercial land near the new factory; SMEs were mixed, construction and real estate industries made big profits, and small and medium-sized manufacturing industries shouted bitterness.
The stock index rose for two weeks to 391 points.
The stock market rose and recovered from the previous trading decline, as bond yields stabilized.
Fed releases hawk again, raising interest rates if necessary
U.S. Federal Reserve Chairman Bob Wall weighed in again on the 9th, saying he has “no confidence ” in whether current interest rates are high enough to end the war on inflation, which the market interpreted as a sign of uncertainty.
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What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

Boeing remains competitive through NASA partnerships, but faces production constraints and weaker China sales.