What Happened
Airlines Face Massive Fleet Renewal Amid Growing Passenger Demand
Boeing expects airlines and cargo operators to need nearly 44,000 new commercial aircraft over the next 20 years, driven by growing passenger traffic and fleet renewal. The global commercial fleet is forecast to expand by nearly 80% to exceed 50,000 aircraft by 2045. According to Boeing’s 2026 Commercial Market Outlook, passenger traffic will increase by around 4% annually, doubling global air travel by 2045. This growth will be driven by the expansion of domestic and regional travel, with single-aisle aircraft dominating the market. The forecast was released by Boeing ahead of the Farnborough International Airshow, as reported by AeroTime.