What Happened
Global Commercial Fleet Growth Moderated By Production Constraints
Cirium has released its annual Fleet Forecast, predicting 43,000 new passenger and freighter aircraft deliveries worth $3.2 trillion between 2026 and 2045. The forecast reflects a moderation in the long-term delivery outlook due to production constraints and supply chain bottlenecks. The global passenger fleet is expected to grow at a compound annual rate of 3.2%, with single-aisle jets dominating the market. According to Cirium, the industry’s ability to deliver will depend on its capacity to address these challenges, as reported by American Journal of Transportation.