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