Although publication of Boeing's Commercial Market Outlook (CMO) took place in September, precluding the ability to include projections based on the effects of the latest Omicron coronavirus strain, the working assumption calls for a return to pre-2019 growth rates once the world emerges from the pandemic. Whether or not that proves to be the case, the Asia-Pacific region—with China at the forefront—will likely serve as the most prominent engine for growth in global aviation.
“A key assumption in our forecast is that the pandemic will not last forever—it will eventually be beaten, and the restrictions and requirements will no longer be necessary,” said Ihssane Mounir, senior vice president of sales and marketing for Boeing Commercial Airplanes. “At that point, we expect to see a surge of pent-up demand for long-haul travel similar to the current dynamics in some short-haul markets, as travelers look to recover postponed visits, vacations, and other trips followed by a return to long-term fundamentals."
More In Aircraft
