Boeing

Only available on StudyMode
  • Topic: Airline, Economic growth, Economics
  • Pages : 88 (19503 words )
  • Download(s) : 35
  • Published : January 28, 2013
Open Document
Text Preview
Current Market Outlook 2012-2031

Current Market Outlook 2012-2031

Outlook on a Page

World regions Market growth rates
2011 to 2031
World economy (GDP)

World regions Market value: $4,470 billion
Share of fleet 3.2% 100% 75%
Number of airline passengers

Delivery units 2% 24% 6%

4.0%

50% 25% 68% 2011 Airplanes 19,890 2031 Airplanes 39,780 2012 to 2031 New airplanes 34,000

Airline traffic (RPK)

5.0%

0%

Cargo traffic (RTK)

5.2%

• 747 and larger

• Twin aisle

• Single aisle

• Regional jets

World regions Key indicators and new airplane markets
Growth measures Regions World economy Airline traffic Cargo traffic Airplane fleet Market size Deliveries Market value Average value Unit share Value share (GDP) (RPK) (RTK) % % % %

Asia Pacific 4.6 6.4 5.9 5.5 12,030 1,700 140 35 38 320 3,230 7,990 490 12,030 110 860 720 10 1,700 340 1,080 3,170 120 4,710 460 3,490 9,230 490 13,670

North America 2.6 2.8 4.5 1.4 7,290 820 110 22 18 40 1,320 5,040 890 7,290 10 340 440 30 820 120 1,030 3,730 1,770 6,650 110 1,740 6,090 890 8,830

Europe 1.9 4.1 4.6 3.2 7,760 970 130 23 22 200 1,440 5,800 320 7,760 70 370 520 10 970 190 680 3,160 410 4,440 230 1,630 6,120 340 8,320

Middle East 3.9 6.4 5.7 4.8 2,370 470 200 7 10 190 1,100 1,060 20 2,370 70 310 80 10 470 70 470 470 60 1,070 170 1,170 1,320 50 2,710

Latin America 4.1 6.6 5.9 5.1 2,510 260 100 7 6 0 340 2,080 90 2,510 0 80 170 10 260 0 140 1,020 110 1,270 0 440 2,850 160 3,450

CIS 3.4 4.7 5.0 1.7 1,140 130 110 3 3 30 250 700 160 1,140 20 50 50 10 130 60 170 650 200 1,080 50 310 970 170 1,500

Africa 4.4 5.6 5.8 3.4 900 120 130 3 2 10 270 570 50 900 2 70 50 2 120 10 140 410 110 670 10 330 850 110 1,300

World 3.2 5.0 5.2 3.5 34,000 4,470 130 100 100 790 7,950 23,240 2,020 34,000 280 2,080 2,030 80 4,470 790 3,710 12,610 2,780 19,890 1,030 9,110 27,430 2,210 39,780

($B) ($M)

% %

New airplane deliveries Large Twin aisle Single aisle Regional jets Total Market value (2010 $B, catalog prices) Large Twin aisle Single aisle Regional jets Total 2011 fleet Large Twin aisle Single aisle Regional jets Total 2031 fleet Large Twin aisle Single aisle Regional jets Total

Market values above 5 have been rounded to the nearest 10.

Copyright © 2012 Boeing. All rights reserved.

3

Current Market Outlook 2012-2031

Long-Term Market

Purpose of the forecast The Current Market Outlook is our long-term forecast of air traffic volumes and airplane demand. The forecast has several important practical applications. It helps shape our product strategy and provides guidance for our long-term business planning. We have shared the forecast with the public since 1964 to help airlines, suppliers, and the financial community make informed decisions. Each year we start new, so we can factor the effects of current business conditions and developments into our analysis of the long-term drivers of air travel. The forecast details demand for passenger and freighter airplanes, both for fleet growth and for replacement of airplanes that retire during the forecast period. We also project the demand for conversion of passenger airplanes to freighters. Air travel continues to be resilient The remarkable resilience of air travel is amply documented in nearly 50 years of published editions of the Boeing Current Market Outlook. Commercial aviation has weathered many downturns in the past. Yet recovery has followed quickly as the industry reliably returned to its long-term growth rate of approximately 5 percent per year. Despite uncertainties, 2011 passenger traffic rose 6 percent above 2010 levels. We expect this trend to continue over the next 20 years, with world passenger traffic growing 5 percent annually. Air cargo traffic has been moderating after a high period in 2010. Air cargo contracted by 2.4 percent in 2011. Expansion of emerging-market economies will, however, foster a growing need for fast, efficient transport of goods. We estimate that...
tracking img