Established trends in predicted long-term jetliner requirements will likely continue with little change to the market breakdown by aircraft size, according to latest Boeing 20-year forecast statistics, which were unveiled in London on the eve of the 2014 Farnborough Airshow. Overall, the U.S. manufacturer foresees global demand during the 2014 to 2033 timeframe for some 36,770 new machines, a 4.2-percent increase over last year’s Current Market Outlook (CMO) said Randy Tinseth, Boeing Commercial Airplanes marketing vice-president, who estimates the market is worth $5.2 trillion (at nominal catalogue prices).
Of the required aircraft, 21,270 (about 58 percent) will service fleet growth with the balance of 15,500 being used to replace current units; retirements will provide “a strong base” for demand. Some 5,410 of the present fleet are expected to remain in service beyond 2033.
