{"id":1950133,"date":"2023-06-17T18:54:02","date_gmt":"2023-06-17T22:54:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-boosts-20-year-outlook-for-planes-due-to-narrowbody-demand\/"},"modified":"2023-06-17T18:56:16","modified_gmt":"2023-06-17T22:56:16","slug":"boeing-boosts-20-year-outlook-for-planes-due-to-narrowbody-demand","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-boosts-20-year-outlook-for-planes-due-to-narrowbody-demand\/","title":{"rendered":"Boeing raises long-term plane forecast on narrowbody demand surge."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fboeing-boosts-20-year-outlook-for-planes-due-to-narrowbody-demand%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1950133&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Boeing Raises Forecast for New Jetliner Deliveries<\/strong><\/p>\n<p>By Valerie Insinna<\/p>\n<p>PARIS (Reuters) \u2013 U.S. planemaker Boeing has raised its annual 20-year forecast for new jetliner deliveries, driven by the strong demand from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-sees-latam-air-travel-taking-off-as-regulations-ease-incomes-rise\/\" title=\"Boeing sees LatAm air travel taking off as regulations ease, incomes rise\">low-cost carriers<\/a> in the narrowbody market.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Boeing now expects airlines to purchase 42,595 jets between now and 2042, up from its previous forecast of 41,170 planes. <\/p>\n<p>The latest projection, released ahead of the Paris Airshow, is slightly lower than the 43,610 new jets predicted in 2021, which included Russian aircraft demand.<\/p>\n<p>Boeing anticipates that narrowbody jets like its 737 MAX and Airbus&#8217; A320neo family will dominate aircraft deliveries, with 32,420 single-aisle jets delivered through 2042. <\/p>\n<p>This demand will be fueled by the expansion of low-cost carriers, who are expected to double the size of their current fleets, according to Darren Hulst, Boeing\u2019s vice president of commercial marketing.<\/p>\n<p>In addition to narrowbody jets, deliveries from now until 2042 are projected to include 7,440 widebody planes, 1,810 regional jets, and 925 freighters. Boeing predicts that approximately half of these new jet deliveries will replace older models, while the other half will contribute to the growth of airlines\u2019 fleets.<\/p>\n<p>\u201cThe end of the recovery has played out largely as we\u2019ve expected, with a few different nuances and dynamics,\u201d said Hulst, highlighting the reduced demand for regional jets compared to last year as interest in narrowbody planes continues to grow.<\/p>\n<p>Boeing also expects the global aircraft fleet to nearly double over the next 20 years, reaching 48,600 jets by 2042. Last year\u2019s outlook predicted a global fleet of 43,470 aircraft in 2041.<\/p>\n<p>The company has slightly raised its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-boosts-20-year-outlook-for-planes-due-to-narrowbody-demand\/\" title=\"Boeing raises long-term plane forecast on narrowbody demand surge.\">industrywide passenger traffic forecast growth rate<\/a> from 3.8% to 4%. Despite a temporary slowdown in the air cargo market, the estimated 3% annual growth in trade over the next 20 years will contribute to future demand, according to Hulst.<\/p>\n<p>\u201cI think we\u2019ll again see how resilient the demand for air cargo is because it\u2019s consistently around 3.5% to 4% growth,\u201d he said. <\/p>\n<p>While Chinese air traffic remained depressed in 2022, Hulst expressed optimism about China&#8217;s market, which is expected to account for 20% of the demand, with the rest of Asia making up another 22%.<\/p>\n<p>Airbus, which also published its own market forecast, raised its delivery projections to 40,850 new jets through 2042.<\/p>\n<\/p>\n<p> (Reporting by Valerie Insinna; editing by Jonathan Oatis)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/boeing-boosts-20-year\/attachment\/a-boeing-dreamlifter-sits-on-the-tarmac-at-their-campus\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>After Bill Gates met with China\u2019s Xi Jinping, Antony Blinken\u2019s meeting comes <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/another-ukrainian-soldier-dies-in-donbas-amid-rising-tensions-between-kyiv-moscow\/\" title=\"Another Ukrainian soldier dies in Donbas amid rising tensions between Kyiv &#038; Moscow\">amid rising tensions<\/a> and China\u2019s plans to spy on the U.S. from Cuba.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>California proposes taking so-called affirmation of a child\u2019s gender identity into account in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/california-democrats-pass-legislation-to-create-transgender-sanctuary-state\/\" title=\"California Democrats Pass Legislation to Create Transgender Sanctuary State\">child custody disputes<\/a>. Here\u2019s One America\u2019s Sam Valk with more.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>This week has been filled with major headlines in the US and around the world. One America\u2019s Rachel Acenas has more in our Week in Review.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Guggenheim Baseball Management, which owns the Los Angeles Dodgers, is going ahead with their salute to the Sisters of Perpetual Indulgence. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Meta Platforms said on Friday services on its social media apps Facebook and Instagram were restored, more than two hours after\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Microsoft, which is seeking to buy games giant Activision, faces two legal fights in coming weeks with U.S. antitrust enforcers\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Angus Berwick and Tom Wilson LONDON (Reuters) \u2013 The U.S. affiliate of crypto giant Binance has carried out a round of\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Chris Prentice NEW YORK (Reuters) \u2013 A top U.S. Securities and Exchange Commission (SEC) official on Friday rejected criticism of the\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>forecast. The increase is driven by the growing demand for narrowbody planes, particularly from low-cost carriers. Boeing predicts that airlines will purchase a total of 42,595 jets between now and 2042.<\/p>\n","protected":false},"author":66,"featured_media":1950134,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[14922,4368,16788,13344,28963,9530,4224,4395],"class_list":["post-1950133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-boeing","tag-demand","tag-forecast","tag-long-term","tag-narrowbody","tag-plane","tag-raises","tag-surge"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1950133"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1950134"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1950133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1950133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1950133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}