Freighter fleet demand to rise by 80%: Boeing

According to Boeing’s 2022 Commercial Market Outlook (CMO) report, there will be continued robust demand for dedicated freighters to support global supply chains and growing express networks. “Carriers will need 2,800 additional freighters overall, including 940 new widebody models in addition to converted narrow-body and widebody freighters over the forecast period, “ the report stated. The insights are a part of Boeing’s2022 Commercial Market Outlook (CMO) report which showcases the company’s annual long-term forecast. The company also projected demand for more than 41,000 new airplanes through 2041, underscoring aviation industry resilience two years after the pandemic began. The CMO forecasts a market value of $7.2 trillion for new airplane deliveries, with the global fleet increasing by 80% through 2041 compared to 2019 pre-pandemic levels. In addition, Boeing Global Services forecasts $3.6 trillion in demand in its market segments over the same time period, including strong demand for maintenance and modifications such as converted freighters; digital solutions that increase efficiency and reduce cost; and effective training to enable the supply of pilots and technicians, says reports.