Boeing projects global demand for 42,595 new commercial jets by 2042

Boeing projected global demand for 42,595 new commercial jets by 2042, valued at $8 trillion in its latest 2023 Commercial Market Outlook, based on the 20-year demand for commercial airplanes and services. Boeing’s forecast comes three years post-pandemic predicting passenger traffic to outpace global economic growth of 3.6%, global fleet nearly doubling to 48,600 jets, expanding 3.5% per year and airlines replacing about half of the global fleet with new, more fuel-efficient models. “The aviation industry has demonstrated resilience and adaptability after unprecedented disruption, with airlines responding to challenges, simplifying their fleets, improving efficiency and capitalizing on resurgent demand,” said Brad McMullen,