Big numbers

Today, I unveiled the new Current Market Outlook—our 20 year forecast of new airplane demand. This year’s forecast is up 3.5 percent over last year, showing that customers will need 38,050 airplanes over the next two decades valued at $5.6 trillion. The Asia market, including China, will continue to lead the way in total airplane deliveries.

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It probably won’t surprise you that the single-aisle market will continue to be the fastest-growing segment, fueled by growth in low-cost carriers and airlines in developing and emerging markets. In fact, about 35 percent of the single-aisle market will go to low-cost carriers.

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On the twin-aisle side, we’re forecasting the need for 8,830 new airplanes, led by small widebody airplanes in the 200- to 300-seat range, such as the 787-8 and 787-9. This year’s forecast also reflects a continued shift in demand from very large airplanes to efficient new twin-engine products such as the 787 and new 777X.

You can download our CMO infographic by clicking here.

After attending my son’s high school graduation on Friday, I’ll be heading over to the Paris Air Show. I’m most excited about seeing the 787-9 in action again during the flying display. This airplane is set for an upcoming delivery to Vietnam Airlines and had an amazing air show rehearsal over in Moses Lake, Wash. The video is below. I’ll have daily updates from Paris—so be sure to check in.

Comments (8)

Bricktop Polford (USA):

Breathtaking video! And kudos to Vietnam Airlines for the livery.

James Baloun (Sunnyvale, California, USA):

The 787 flight demonstration and amazing takeoff climb are the modern equivalent of the confident bravado of the Tex Johnston barrel-roll. The famous barrel-roll always makes Boeing fans smile. The roll symbolizes how Boeing fans feel even today as it is coming up on its 60th anniversary. Boeing entered the jet age on its feet and ready to go and has made great strides ever since.

Chris R (Monterrey, NL,Mexico):

Great Video!! Have a question though. Can you barrel roll a B787? You could a 707!

Robert (Vancouver, Canada):

Randy.

Those are stunning shots of the 787-9 going through its rehearsal. Hats off to the pilot and all those involved with the 787. Should be a sight to see live.

On a lighter note, I know Boeing wasn't keen on the unscheduled barrel roll with the 707 over Lake Washington on its debut. I'm sure the 787 is more than capable.

Congratulations on your sons graduation.

Enjoy the air show.

Andrew Boydston (Boise ID USA):

Does the natural demand as Boeing has just outlined take into account world financial projections as well as fuel price indexing until 2034? This would include cycles of economic strength and weakness as well as fuel costs projections over the next twenty years.

Ethan (London):

Bravo Boeing on this video. You have outdone yourself. Randy, this outlook is encouraging for the 787 and 777X as well. Best regards.

Chuck Steele (Ridgway, IL, USA):

After seeing the near vertical take off of the 787-9, I am wondering what the thrust to weight ratio is. That was impressive!

Norman Garza (Long Beach, CA):

I don't see a lot of regional jets going into service, 55 and less seats, virtual extinction as well as fewer cities served, (a good place for future "Hyperloops") The single aisle airliners are the big shots with the 737 MAX and the A320NEO doing well but I don't see the "C-Series" dong all that well. The small wide-bodies like the 787 are a good deal, the medium wide-bodies are a good deal too but the large wide-body aircraft are not that popular as airlines prefer higher frequency over large capacity (and mostly symbolic) megaliners though I would like to see 80 meter long mega twin-jets in the future with Emirates ordering lots as well as other airlines.

The steep takeoff of the 787 is out of this world.

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