Aviation News


Boeing Forecasts $4 Trillion Airliner Market by 2030

More articles by »
Written by: Nate Strong
Tags: , ,

SEATTLE, Wash. – In a conference call this morning, Boeing gave it’s current market outlook for this year and the future for commercial airplanes, forecasting growth in the market as a whole to the tune of around 5% a year.

Boeing 747-8 Intercontinental N6067E

Boeing 747-8 Intercontinental (N6067E) with the Cascade Mountains. (Photo by Brandon Farris)

The airplane manufacturer says there will be a need for 33,500 new airplanes between now and 2030, representing about $4 trillion in sales. Most notable is the number of each classification of plane: there will be one percentage point less demand in the “large” market and 10 points less demand in the “regional” markets. The decrease in demand for regional planes is largely because of the increase in high-speed rail.

The biggest growth seen in the current market outlook is in Asia/China. This market is growing at a much speedier rate than any other market — about 7% a year — whereas North America would grow at about 2.3% a year.

Boeing finished up the call by saying its position in the market is fully in line with the current outlook.

About the Author

Nate Strong



What’s Happening At The 2019 Paris Air Show (Updated 3X)

The 2019 edition of the Paris Air Show is happening this week. The biennial show is traditionally a place where new aircraft are launched and new orders flow in. Follow along here all this week as we recap each day’s happ...
by Ben Granucci


The Mystique of the Boeing SST

I recently shelled out the most money I have ever paid for an airliner model in a lifetime of collecting. It is a five foot long needle-nosed monster with working variable sweep wings in Eastern Airlines colors. On its tail is ...
by Shea Oakley



FRIDAY PHOTOS: The 787-10 Takes Flight

For this week's Friday Photos, we take a look at the brand new Boeing 787-10 with photos from both North Charleston and Seattle.
by NYCAviation Staff


Man Versus Machine in the Aviation World

As the amount of technology in aircraft has increased, so has the number of computers involved and the reliance on them for the aircraft's operation.
by Stephen Carbone


A Double Dream: Qatar Airways Takes Home Two New 787s

Qatar Airways took delivery of 2 787-8 Dreamliners recently in Everett, WA, and NYCAviation was there for the festivities!
by Mark Lawrence