Boeing Forecasts Airlines in Middle East to
Need 2,980 New Airplanes Through 2041
(21/09/22)
Boeing has forecast the Middle Easts
passenger traffic and commercial fleet to more than double over
the next twenty years.
According to the 2022 Boeing Commercial Market
Outlook (CMO), a forecast of 20-year demand, the regions fleet
will expand to 3,400 airplanes, serving fast-growing passenger
traffic as well as cargo demand.
Middle East airlines will require 2,980
new airplanes valued at $765 billion to serve passengers and
trade. More than two-thirds of those deliveries will enable
growth, while one-third will replace older airplanes with more
fuel-efficient models such as the Boeing 737 MAX, 787 Dreamliner
and 777X.
Notably, air cargo traffic flown by Middle East
carriers has continued its substantial growth of recent years; two
of the worlds top five cargo carriers by tonnage are based in the
region.
To serve future cargo demand, the Middle East freighter fleet is
projected to reach 170 by 2041, more than doubling the
pre-pandemic fleet.
The 2022 Middle East CMO also includes
the following projections through 2041:
- Passenger traffic is expected to grow at 4%
annually;
- Passenger widebody aircraft demand continues to
be robust, with 1,290 deliveries supporting a growing network of
international routes. Widebodies account for 43% of
Middle East demand, the highest proportion of any region;
- The Middle East single-aisle market will more
than double, reaching 1,650 jets to serve regional and
international destinations;
- Demand for aftermarket commercial services
including maintenance and repair valued at $275 billion;
- The region also will require 202,000
new aviation personnel, including 53,000 pilots, 50,000
technicians and 99,000 cabin crew members in the next 20 years,
according to Boeings 2022 Pilot and Technician Outlook.
The Middle East region, a
popular connection point for international travelers and trade, is
also growing as a starting point and destination for business and
leisure passengers, said Randy Heisey, Boeing managing director
of Commercial Marketing for the Middle East and Africa, and Russia
and Central Asia Regions. The region will continue to require a
versatile fleet that meets the demands of airline and air-cargo
business models.
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