Fleet Forecast News Today

The forecast shows that between 2023-2042, 45,200 new passenger aircraft will be delivered at an estimated value of $3.2 trillion. Freight capacity is forecast to grow 4.1% annually compared with...

LONDON, January 11, 2024--Cirium, the world’s most trusted source of aviation analytics, has today published its 2023 Fleet Forecast, through the Cirium Ascend Consultancy, revealing that annual passenger aircraft deliveries are set to exceed $100 billion in 2024.

Cirium the worlds most trusted source of aviation analytics has today published its 2023 Fleet Forecast through the Cirium Ascend Consultancy revealing that annual passenger aircraft deliveries are set to exceed 100 billion in 2024.

The new 2021 Cirium Fleet Forecast reveals that US$2.9 trillion is expected to be spent on approximately 45,000 new and more-fuel-efficient aircraft over the next 20 years. Published by Ascend by Cirium, the consultancy arm of aviation analytics firm Cirium, the Cirium Fleet Forecast predicts that 20-year aircraft deliveries globally by 2040 will be 4% higher than previously predicted a year ago.

Share this article Share this article ResearchAndMarkets.coms offering. The global aircraft market saw a year of turmoil in 2019 as the Boeing 737 MAX saga disrupted production from the commercial aircraft perspective. 2020 has dwarfed the woes of the previous year as the COVID-19 pandemic has thrashed through every facet of the sector, showing mercy to few. Most evaluations see the industry as a whole recovering in the years to come. How long will it take and which segments will recover faster...

By Chris Seymour2020-12-23T11:37:00+00:00 Cirium’s Chris Seymour outlines the adjusted outlook for an industry coming to terms with the impact of Covid-19. Cirium’s latest long-term market forecast reflects the impact that the coronavirus crisis is having on the industry, but still foresees strong demand for airliners over the next 20 years. Following 10 consecutive years of uninterrupted growth, the crisis has led to an huge reduction in global traffic and heavy industry losses. Source:...