Annual passenger aircraft deliveries to exceed $100 billion in 2024, predicts Cirium Fleet Forecast

Aviation data analytics company Cirium has estimated that approximately 45,200 new passenger aircraft will be delivered between 2023 and 2042, with an estimated value of $3.2 trillion. Airbus and Boeing will remain the two dominant commercial OEMs, collectively delivering an 89% of these new aircraft. Of these 45,200 deliveries, approximately 71% will be single-aisle models, with twin-aisles accounting for a further 16%. Regional jets make up 6% and turboprop aircraft 5%. “With global traffic almost back to 2019 levels, the increased levels of order activity in 2023 shows that the airline industry’s new growth cycle is gaining momentum,” highlighted Rob