Boeing Projects About 930 New Airplanes for Germany over Next 20 Years
* New, quieter and more efficient airplanes with significantly reduced emissions will comprise most of the German fleet
HAMBURG.- Single-aisle airplanes will dominate deliveries to the German market, with carriers requiring 620 single-aisle jetliners valued at approximately $43 billion.
Additionally, German airlines will need 170 twin-aisle airplanes valued at $34 billion. In terms of dollar value, this segment will make up nearly 40 percent of the total volume.
German airlines will also require approximately 70 airplanes the size of the 747 or larger, at a value of $20 billion.
“Single-aisle and twin-aisle airplanes seating 100 passengers or more account for 85 percent of the future market demand in units and 78 percent in terms of value in Germany,” said Drew Magill, director, Marketing, for Boeing Commercial Airplanes. "These airplanes will serve the growing demand for nonstop flights, connecting an increasing number of city pairs.
“New products such as the 787 and the 747-8 will benefit the region with enhanced environmental performance, passenger comfort and efficiency,” Magill said.
By 2026, approximately 90 percent of the German fleet will comprise new-technology airplanes delivered since 2007. This near total roll-over of the German fleet with advanced airplanes will result in significantly reduced emissions and noise. More than half of the new airplanes entering the German fleet -- about 520 jetliners -- will be for replacement. The remaining 410 airplanes will meet growth requirements in the German market.
Airlines in Europe will require around 6,670 new aircraft over the next 20 years, corresponding to a value of $660 billion. This growth is driven by continued economic integration and liberalisation. The total aircraft fleet in Europe will increase to around 7,660 aircraft until 2026. The major part of the delivered aircraft will be for single-aisle airplanes (4,630), with twin-aisle aircraft accounting for 1,360 and aircraft of the 747-or-larger size category accounting for 230 aircraft.
Globally, Boeing is predicting a continuously strong and long-term demand for new airplanes. Around 28,600 new commercial aircraft (passenger and freighter) will be needed over the next 20 years. Air travel is continuing to increase, driven by economic growth, world trade, liberalization, and the availability of new and more capable and efficient aircraft. Over the next 20 years passenger and cargo airlines worldwide will take delivery of approximately:
* 3,700 regional jets (below 90 seats)
* 17,650 single-aisle jets (90-240 seats)
* 6,290 twin-aisle jets (200-400 seats)
* 960 airplanes 747-size or larger (more than 400 seats)
The Boeing Current Market Outlook provides an extensive market view of air travel. The complete report can be downloaded at: www.boeing.com/commercial/cmo
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.