Question

In: Operations Management

Provide a summary of the aviation industry/business environment for Boeing in the early 2000s. Based on...

  1. Provide a summary of the aviation industry/business environment for Boeing in the early 2000s.

Based on the market research, where is the aviation industry going?  What is the market environment and strategy for Boeing? For Airbus?

Solutions

Expert Solution

As we develop our final outlook for the commercial market, we see constant opportunities for product innovation, fleet productivity, and network expansion as this dynamic industry continues to grow.

Since our first published market forecast in 1961, our estimated number of commercial operators has grown to nearly 200, and passenger traffic has increased by a factor of nearly 70. More recently, since 2000, the global airline network has grown. Expanded 2.5 times while innovation and industrial productivity allowed travelers to fly at an average cost of nearly 40 percent.

Boeing's dedicated team is working on economic data, airlines, travel and ship data every year to design new requirements for the aircraft over the next 20 years. After more than 60 years of publication, Boeing's business market vision remains the industry standard, one of the longest and most accurate published forecasts in commercial aviation.

On behalf of Boeing's experts, who analyze and compile market forecasts every year, we invite you to see how huge market demand will develop in different parts of the world and in different parts of the world of products and services.

This year, we expanded our look at interactive data to provide a better picture and context of our forecasts. You will find fleets and traffic details for each region of the world. The following workbook also includes a perspective on air cargo services and markets. Navigate to the section of the History Dashboard and hold down the cursor or click on the table to interact with the workbook to see more details of the future of the aviation market.


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