DUBAI,
United Arab Emirates, Nov. 12,
2023 /PRNewswire/ -- Boeing [NYSE: BA]
forecasts widebody airplanes will comprise 45% of deliveries
to Middle East airlines over the
next 20 years ─ the highest percentage of the 10 global regions
featured in Boeing's Commercial Market Outlook (CMO) forecast. The
region's fleet of dedicated freighters is projected to more than
double to 180 jets by 2042, according to the CMO, Boeing's annual
long-term forecast of demand for commercial airplanes and
services.
"Airlines in the Middle East
have increasingly expanded their influence and reach, transforming
the region into an international air transit hub," said
Darren Hulst, Boeing vice president,
Commercial Marketing. "Air travel and cargo demand continue to gain
momentum, driven by significant economic growth and national
development plans. As airlines in the region will require efficient
and versatile fleet solutions, Boeing products will be ready to
meet market demands."
The CMO projects delivery of 3,025 new commercial airplanes in
the Middle East by 2042, including
1,350 widebodies. Many airlines in the region provide service
between major population centers in Asia, Africa
and Europe via growing hubs that
offer efficient connectivity. As a result, a higher proportion of
widebody aircraft are needed to carry larger passenger volumes.
The Middle East single-aisle
fleet is also expected to more than double as low-cost carriers
(LCC) and short-haul networks continue to develop and expand.
By 2042, nearly half of the region's aircraft will be single-aisle
jets.
Additional 2023 CMO highlights for the Middle East through 2042 include:
- Two-thirds of new deliveries will support air traffic and cargo
growth while one-third of deliveries will replace older airplanes
with more fuel-efficient models
- The total fleet will increase 2.4 times to 3,360 airplanes —
1,610 (48%) will be single aisles, while 1,520 (45%) will be
widebodies
- The commercial fleet will generate demand for $335 billion in aviation services including
maintenance, repair, training and spare parts
Commercial airplane
deliveries to the Middle East (2023-2042)
|
Regional Jet
|
35
|
Single Aisle
|
1,570
|
Widebody
|
1,350
|
Freighter
|
70
|
Total
|
3,025
|
Recent orders and deliveries in the region:
- Iraqi Airways Celebrates Delivery of its First Boeing 787
Dreamliner (Jun. 22,
2023)
- SAUDIA to Grow Long-Haul Fleet with up to 49 Boeing 787
Dreamliners (March 14,
2023)
- New Saudi Arabian Carrier Riyadh Air to Launch with All-Boeing
Fleet of up to 72 787-9 Dreamliners (March 14, 2023)
Boeing has published the CMO annually since 1961. As the
longest-running jet forecast, the CMO is regarded as the most
comprehensive analysis of the commercial aviation industry. Learn
more about the Commercial Market Outlook on Boeing.com or search
"Boeing CMO" in your smartphone app store.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future, leading with sustainability, and cultivating a
culture based on the company's core values of safety, quality and
integrity. Join our team and find your purpose at
boeing.com/careers.
Contact:
Nadine Fanous
+971-56-422-9051
nadine.fanous@boeing.com
Boeing Media Relations
media@boeing.com
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SOURCE Boeing