A Embraer published its Market Outlook for commercial aircraft deliveries to 2040. The report was presented at a press conference during the Dubai Air Show today (15).
The Market Outlook identifies trends that will influence air travel demand and deliveries of new jet and turboprop aircraft up to 150 seats over the next two decades. Results are provided for seven world regions.
The effects of the global pandemic impacted the recovery of global traffic, measured in revenue per enger kilometer (RPK), which according to Embraer's forecast should grow 3,3% per year until 2040. of RPKs from 2019 is expected to return in 2024.
Three key trends are shaping future travel and aircraft demand:
(i) Environment – airlines will acquire more fuel efficient fleets
(ii) Digitization – advances in technology, including home office and videoconferencing
(iii) Regionalization – relocation to concentrate production and minimize supply chain disruption
Highlights of the 20-Year Commercial Market Outlook:
- Global demand for new aircraft with up to 150 seats: 10.900 units, of which 8.640 are jets and 2.260 are turboprops. Market value of all new aircraft of approximately $650 billion.
- RPK annual regional growth rate – ranking:
– 4.2% Asia Pacific (includes China) – 4.2% Latin America
– 3.8% Africa
– 3.6% Middle East
– 3.5% CIS
– 2.3% Europe
– 2.0% North America - RPK share by the end of the decade (2029)
– 41% Asia Pacific
– 36% Europe + North America - Jet deliveries (8.640) – ranking by region
– 2,710 North America (31.4%)
– 2,160 Asia Pacific (25.0%)
– 1,770 Europe (20.5%)
– 760 Latin America (8.8%)
– 640 CIS (7.4%)
– 320 Middle East (3.7%)
– 280 Africa (3.2%) - Turboprop deliveries (2.260) – ranking by region:
– 900 Asia Pacific (39.8%)
– 430 Europe (19.0%)
– 430 North America (19.0%)
– 180 Africa (8.0%)
– 180 Latin America (8.0%)
– 100 CIS (4.4%)
– 40 Middle East (1.8%)ADVERTISING
For the full version of the 2021 Market Outlook, including regional analysis and synopses for each of the seven world regions, visit www.embraermarketoutlook2021.com
Street: Embraer
